AfrOil - Africa Oil & Gas

Sudan cuts motor fuel prices amidst public scepticism over economic impact

DR Congo rejects US request to scale back onshore licensing round

MOSCOW BLOG: Russia and Saudi Arabia’s oil production cut is pre-emptive strike on EU’s price cap scheme

Has Riyadh just sided with Putin by agreeing to cut oil production by 2mn barrels? It's more complicated than that.

Nigeria has shut down 365 illegal oil refineries linked to small Delta town

Kenya’s president urges African states to prioritise renewable energy over fossil fuels

Eco Atlantic receives rig for drilling of Gazania-1 well offshore South Africa

Ugandan president’s office says Afreximbank has pledged $200mn loan for EACOP

Debate swirls over Ghana finance minister 'diverting' $100mn in oil revenues to settle loan to acquire 7% stake in TEN, Jubilee fields

AfrOil: Gasoline subsidies called main driver of Nigerian public debt

Patience Oniha, the director-general of Nigeria’s Debt Management Office (DMO), said on September 27 that domestic gasoline subsidies were the primary cause of the ongoing rise in public debt.

OPEC+ makes 2mn bpd cut, angering the US

Months of badgering by Western leaders counted for nought this week as OPEC+ announced a 2mn bpd quota reduction that serves to bolster prices and cover up issues raising production.

NewMed and Capricorn announce merger

Senate demands answers from NUPRC over oilfield allocation

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) must explain why it allegedly re-allocated the Atala marginal oilfield to a different firm, the Senate has said.

Tripoli government signs initial energy exploration deals with Turkey

Algeria benefits from gas deals with Spain, Italy on prices revision

Nigeria’s NNPCL adds 380 Oando filling stations to network via OVH acquisition

Baker Hughes signs service contract for Coral Sul FLNG offshore Mozambique

Nigeria’s petrol subsidy higher than health, education & defence budgets

Nigeria’s NUPRC gears up to launch auctions for gas flaring reduction contracts