AfrOil - Africa Oil & Gas

A look back at Nigeria’s “Year of Gas”

Nigeria’s grand plans for the "Year of Gas" were disrupted but not derailed by the pandemic.

Algeria’s Sonatrach plans to invest $40bn over the next 5 years

East Med players to build gas pipeline for Egypt flows

Sudan to help South Sudan boost oil production

South Sudan has agreed to accept assistance from its northern neighbour Sudan as it works to increase production rates at oilfields in the northern part of the country.

NRG: LNG spikes, political swings and new technologies

Sonangol set to sell off stakes in two foreign assets this year

Angola’s national oil company (NOC) Sonangol is due to begin the process of divesting its stakes in two foreign assets before the end of this year.

Kenyan MPs to seek update on Uganda’s Entebbe terminal project

The Kenyan National Assembly’s Public Investments Committee (PIC) is gearing up to seek more information about Uganda’s plans for completing its part of a planned network of fuel terminals on the coast of Lake Victoria.

Nigerian company acquires 45% of OML 17 from Shell, Total, Eni

TNOG Oil & Gas, a company established by Heirs Holdings and Transnational Corp. of Nigeria (Transcorp), has completed the acquisition of a 45% equity stake in Oil Mining Lease 17 (OML 17).

Shell, NNPC subsidiaries sign domestic gas supply deal

Shell Nigeria Gas (SNG), an affiliate of Royal Dutch Shell (UK/Netherlands), has signed a 20-year domestic natural gas supply agreement with a subsidiary of Nigerian National Petroleum Corp. (NNPC).

Guinea-Bissau confirms negotiations with Senegal on sharing of joint fields

Umaro Sissoco Embaló, the president of Guinea-Bissau, said his administration was in negotiations with Senegal on the joint development of oil and gas discoveries straddling the maritime border between the two countries.

Pipeline leak causes Libyan oil output to dip

Libya’s National Oil Corp. (NOC) said on January 16 that the country’s crude oil production had dropped by around 200,000 bpd following the shutdown of a key pipeline.

Botswana downplays risk of fuel shortages

Mmetia Masire, the permanent secretary of Botswana’s Ministry of Mineral Resources, Green Technology and Energy Security, said last week that he did not expect South African refinery outages to lead to fuel shortages in his own country.

NNPC attracts 96 bids for pipeline rehabilitation

Egypt made a record number of hydrocarbon discoveries in 2020, boosting oil output to an all-time high

Egypt plans to launch refinery projects worth $7bn in FY2021/2022

Libyan power plants still need gas

Despite the rapid recovery in its oil production, Libya is still working to ensure fuel deliveries to GECOL's power plants.

PwC: Low prices may reduce African oil export revenues by $1 trillion

Oil-producing states in Africa are likely to miss out on $1 trillion in crude export revenues over the next two decades, according to PricewaterhouseCoopers (PwC).