AfrOil - Africa Oil & Gas

Libyan contradictions and contraindications

The Libyan oil sector appears to be drawing interest from several major IOCs, but the impending presidential election could spark enough turmoil to prevent a new wave of investment.

Lack of funding presents a challenge for oil and gas industry – GNPC

Climate change and threats to the environment have led to a global campaign to shift to renewable energy such as solar, or production of electric cars, among others.

NNPC discloses refining expenditure

Shell back in South African courts this week to defend offshore exploration

Another oil well spudded off Namibia's coast

SA petrochemical giant Sasol sees drop in production amid coal shortage

Nigeria crude production recovers, overtakes Libya as Africa’s top oil-producer

ADM Energy wins injunction against Nigeria’s NHNL in dispute over 73mn barrel Barracuda oilfield

Invictus Energy secures rig to spud wildcat project in Zimbabwe, may partner with Cluff Energy Africa

AfrOil: Ugandan MPs approve EACOP Special Provisions Bill 2021

Uganda moved one step closer towards launching commercial hydrocarbon production last week, when members of Parliament approved a bill designed to facilitate the construction of the East African Crude Oil Pipeline (EACOP).

Ugandan MPs approve EACOP Special Provisions Bill 2021

Uganda moved one step closer towards launching commercial hydrocarbon production last week, when members of Parliament voted to approve a bill designed to facilitate the construction of the East African Crude Oil Pipeline (EACOP).

Vaalco Energy spuds first offshore Gabon well in 2021/2022 drilling campaign

Nigeria’s NNPC swung to $346mn trading surplus in June, after $88mn loss in May

Crude oil shipments from Egypt’s Sumed pipeline on the rise in November

Shell sells 17% stakes in Block 3 and Block 4 Red Sea to Qatar Energy

Shell defends its South African exploration plans in newspaper ad

Chevron, Equatorial Guinea ink PSC for offshore block

Eni, Cote d’Ivoire leaders hold advanced talks on ‘net-zero’ development of Baleine discovery

Ghana: GOIL could lose GHS9mn monthly over oil price reduction, COPEC warns

He believes that the directive from the government was not sustainable and therefore could affect stakeholders in the petroleum downstream sector.

South African energy minister blasts opposition to Shell exploration as "special apartheid"

Ghana, Guyana to co-operate on petroleum production, investment promotion

The corporation is aimed at deepening partnership between the two countries

UTM Offshore inks $5bn financing deal with Afreximbank for Nigeria’s first FLNG project

Abuja-based UTM Offshore has signed a deal with Afreximbank to secure up to $5bn to develop Nigeria’s first floating LNG producer.

Nigerian House promises timely completion of Port Harcourt rehab

TotalEnergies sells Gabon terminal, offshore fields to Perenco for $350mn