AfrOil - Africa Oil & Gas
Possible lease of Ghana's Tema Oil Refinery (TOR) to little-known asset manager Torentco under fire
South Africa's Sasol, Danish partner Topsoe sign deal to jointly produce sustainable aviation fuel (SAF)
Nigerian government launches cassava bioethanol project to drive sustainable growth
This initiative, which also aims to address food security concerns, comes in the wake of the government's decision to remove fuel subsidies, indicating a shift towards sustainable growth and development.
Nigeria's NMDPRA denies rumours of NNPC granting import licence to Dangote Group
The CEO of NMDPRA, Farouk Ahmed, stated that the NNPCL does not have the mandate to grant import permits to any organisation. He emphasised that only NMDPRA has the authority to issue import permits for petrol.
TotalEnergies' Ntokon discovery in Niger Delta holds potential as Nigeria's largest shallow-water find in a decade
The estimated potential of the field ranges from 300mn to 400mn barrels of oil equivalent, based on comparable findings in the Tertiary Agbada formation of the Niger Delta with favourable net pay and reservoir recovery.
Police in Angola disperse fuel hike protests
Former militant leader accuses Nigerian armed forces of stealing oil
Alhaji Asari Dokubo, the founder of the Niger Delta People's Volunteer Force, made the allegation during a press conference following a meeting with Nigerian President Bola Tinubu in Abuja.
Indonesian Pertamina secures 35-year extension to gas operations in Algerian block
State-owned Indonesian refiner Pertamina announced it had secured a 35-year extension from the Algerian authorities to its deal to develop the Menzel Ledjmet Nord (MLN) oil and gas block in Algeria’s Sahara desert, according to a statement.
Cameroon halts $44.8mn deal between SNH and Savannah Energy on Chad-Cameroon Pipeline stake
Tower Resources finishes basin modelling study of PEL 96 in Walvis basin
AIM-listed Tower Resources has wrapped up a basin modelling study of PEL 96, a licence area offshore Namibia encompassing Blocks 1910A, 1911 and 1912B.
Five more African countries sign on to $25bn Nigeria-Morocco gas pipeline project
The proposed 5,600km pipeline, an extension of the West African Gas pipeline, will connect 13 African countries at an estimated cost of $25bn. With the new signatures, all countries along the proposed route have now signed the agreement.
Baker Hughes awarded subsea contract for Ivorian project with Scope 1, 2 carbon reduction goals
TotalEnergies, ConocoPhillips ask to amend agreement terms in Libya, says oil minister
Global energy firms TotalEnergies and ConocoPhillips reportedly renegotiated their working terms in Libya after the North African country amended the terms of the gas exploration and production agreement between the NOC and Italy’s Eni.
UK-based SDX Energy receives several offers for Egyptian oil and gas assets
The board of UK-based, Egypt-focused SDX Energy has received several offers for its Egyptian assets, the company said in a statement posted on its website. “The company will be providing further details in due course,” the announcement said.
Algeria announces $1.93bn plan to cut energy consumption by 10% by 2030
The Algerian National Agency for the Promotion and Rationalisation of Energy (APRUE) announced a plan to spend DZD260bn ($1.93bn) to cut energy consumption by 10% by 2030.
Egypt’s Pharaonic Petroleum’s second phase of gas flare system installation may generate $2.2mn annually
Egypt’s Pharaonic Petroleum Company has managed to implement the second phase of engineering and technical modifications to the flare system and gas compressor at a cost of about $200,000, saving emissions of 360mn cubic feet of gas a year.
NMDPRA authorises construction of two new Nigerian oil export terminals
NMDPRA has authorised a subsidiary of state-owned NNPCL and privately-owned Nigerian upstream operator Belemaoil Producing to build two new crude export terminals.
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