AfrOil - Africa Oil & Gas

25 August 2022

Nigeria’s air employees union proposes paying foreign airlines in crude oil

24 August 2022

Nigeria’s National Union of Air Transport Employees (NUATE) has proposed sending oil instead of dollars to foreign airlines struggling to repatriate funds back to their home country, The Nation has revealed.

Kyari says Nigeria cannot eliminate oil theft by legalising underground refineries

23 August 2022

Nigeria cannot eliminate the long-standing problem of oil theft in the Niger River Delta by legalising underground refineries, Mele Kyari, the group CEO of Nigerian National Petroleum Co. Ltd (NNPC Ltd), has said.

BW Energy sends offshore production facility to Dussafu block offshore Gabon

23 August 2022

Norway’s BW Energy, a subsidiary of BW Offshore, reported on August 23 that it had dispatched its BW MaBoMo offshore production facility to the Dussafu licence area offshore Gabon.

DNO acquires stakes in two blocks offshore Côte d'Ivoire

23 August 2022

Norway’s DNO has reached agreement with UK-based RAK Petroleum on a transaction that will make it a shareholder in two upstream projects offshore Côte d'Ivoire.

Invictus’ Zimbabwean partner expects Mukuyu-1 well to be spudded by early September

23 August 2022

Australia’s Invictus Energy is still on track to spud its first exploration well at the Mukuyu natural gas field by early September, even though some of its equipment has not yet arrived at the drilling site.

TotalEnergies reportedly withdrawing from Arzew polypropylene complex

23 August 2022

TotalEnergies has decided to withdraw from the construction of a huge petrochemical complex and is expected to issue an official announcement to this effect soon, African Intelligence reported on August 22.

South Africa: PASA confident on TotalEnergies’ plans for developing Luiperd gas field

22 August 2022

The CEO of Petroleum Agency South Africa (PASA) does not expect TotalEnergies to let its licence for Block 11B/12B lapse as a deadline for submitting production plans approaches.

Luanda refinery’s new gasoline unit reaches full production capacity

22 August 2022

Sonaref, the refining subsidiary of Angola’s national oil company Sonangol, reports that the Luanda refinery’s new gasoline plant has reached full production capacity.

Nigeria’s finance minister says FEC has approved plan for summit meeting on gasoline subsidy

22 August 2022

Nigeria’s Federal Executive Council (FEC) has approved the National Assembly’s proposal for a summit meeting on the planned elimination of domestic gasoline subsidies.

Shell says it will not sell SPDC stake until Nigerian Supreme Court decides oil spill case

22 August 2022

Shell has reiterated that it will not proceed with the divestment of a 30% stake in the Shell Petroleum Development Corp. (SPDC) joint venture prior to the resolution of pending litigation.

Lukoil hits back at Aker over Pecan oil project offshore Ghana

22 August 2022

Lukoil says that Aker Energy's concerns about incurring sanctions penalties over the Pecan oilfield offshore Ghana are unwarranted.

DMEA: Israel sees Egypt’s LNG capacity as reason for continued co-operation

22 August 2022

Israel will continue to work with Egypt to boost natural gas exports to Europe, as the latter country is its best option for producing LNG, Energy Minister Karine Elharrar told Israel Hayom in an interview.

AfrOil: NNPC Ltd signs renegotiated PSCs for five deepwater blocks

22 August 2022

Nigerian National Petroleum Co. Ltd (NNPC Ltd) has completed the process of negotiating new PSCs for five deepwater blocks in a move that is expected to unlock more than $500bn in revenue for the West African country.

Mozambique on cusp of history as British Mentor tanker arrives to pick country's first LNG cargo from Eni project

19 August 2022

Mozambique on the cusp of history as tanker, British Mentor, arrives to pick country's first liquefied natural gas cargo from Italian giant, ENI's project

ExxonMobil’s Nigerian asset sale encounters yet another setback

19 August 2022

Nigeria's president has revoked his earlier approval of ExxonMobil’s sale of its shallow-water portfolio to Seplat Energy, a local company.