AfrOil - Africa Oil & Gas

South African companies Sasol and Imperial partner to develop hydrogen in Southern Africa

South African companies Sasol and Imperial Logistics will partner to develop southern Africa’s hydrogen mobility ecosystem.

AfrOil: Nigeria establishes NNPC Ltd as new NOC

Nigerian President Muhammadu Buhari has issued an order authorising the incorporation of Nigerian National Petroleum Corporation Ltd (NNPC Ltd), in line with the recently signed Petroleum Industry Act.

Pharos Energy sells 55% working interest in two Egyptian concessions for $115mn

Algeria aims to invest $10bn in oil and gas sector next year

Algeria’s government intends to raise the amount of money invested in the oil and gas industry by more than 35% next year, according to Prime Minister Ayman Benabderrahmane.

DNG Energy, Imperial Logistics unveil plan for pilot LNG project

DNG Energy of South Africa has teamed up with Imperial Logistics, another local company, for a pilot project that will test the use of LNG as an alternative to diesel in the transport sector.

Namibian MP urges government to require ReconAfrica to build refinery

Themistokles Murorua, a member of Namibia’s lower house of Parliament, has urged Windhoek to demand that ReconAfrica (Canada) build a refinery as it proceeds with the development of crude oil reserves in the Kavango basin.

Kinetiko Energy gears up for three-well Amersfoort drilling programme

Australia’s Kinetiko Energy is set to begin work on a three-well drilling programme in the vicinity of the Amersfoort coal-bed methane collection terminal south-east of Johannesburg early in the fourth quarter of 2021.

Ugandan government draws up EACOP tax bill

Uganda’s government has drafted a law designed to establish a fixed legal framework for taxation of the East Africa Crude Oil Pipeline (EACOP), which will pump crude from fields near Lake Albert to the Tanzanian coast.

Montfort acquires assets in East Africa

Montfort, an international commodities trader, is working to establish a foothold in East Africa through the acquisition of local assets.

Sonangol reveals details of IPO plan

Sonangol, the national oil company of Angola, has revealed details of its plan to issue an initial public offering of stock.