AfrOil - Africa Oil & Gas

Downstream impact

NewsBase takes a brief look at some of the economic and political fallout from the Russia-Ukraine war, with a focus on regional markets for jet fuel and diesel around the world.

Nigeria: TotalEnergies issues sale document for SPDC stake

TotalEnergies (France) has officially begun the process of selling its 10% stake in the Shell Petroleum Development Corp. (SPDC) joint venture.

AfrOil: Afreximbank, APPO aim to create new oil and gas financing avenue

The African Export-Import Bank (Afreximbank) and the African Petroleum Producers Organisation (APPO) are teaming up to establish a new avenue of funding for oil and gas projects in Africa.

Afreximbank, APPO sign MoU on establishment of pan-African oil and gas financing entity

The African Export-Import Bank (Afreximbank) and the African Petroleum Producers Organisation (APPO) are teaming up to establish a new avenue of funding for oil and gas projects in Africa, the African Energy Chamber (AEC) said.

Havfram begins to decommission Mauritania subsea oilfields

Havfram, a Norwegian maritime company, has announced the start of work at Mauritania’s Chinguetti and Banda oilfields, where it has been contracted to oversee the abandonment and decommissioning of subsea facilities.

Rockwash Geodata, Striped-Horse strike deal with ANPG on establishing geological laboratory

UK-based Rockwash Geodata and its Angolan JV partner Striped-Horse Atlântico Lda (SHAL) have reached agreement with Angola’s ANPG on the establishment of a digitalised geological laboratory.

SERAP sues Buhari in a bid to force investigation of refinery funding

SERAP, a Nigerian NGO, has taken legal action against two high-ranking officials for their alleged failure to investigate charges that funding allocated to government-owned refineries had been stolen or mismanaged.

Imopetro head says Mozambique not at risk of fuel shortage in near term

Abiba Amade, director of operations at Mozambique’s national fuel import concern Imopetro, says she does not expect the country to encounter any fuel shortages in the near term, as import shipments have continued to arrive.

Egypt commissions second phase of MIDOR refinery expansion project, boosting capacity by 60% to 160,000 bpd

Bolloré awarded logistics contract for EACOP

Apex Energy’s Fajr-8 development well tests oil flow of 2,440 bpd

South Africa suffers import headaches as refinery closures continue

African Energy Chamber, Mozambique share ideas on ramping up gas development