AfrOil - Africa Oil & Gas

Aradel Holdings modular refinery set to begin operations

Ghana’s oil storage firm BOST profit after tax up 112% to $30mn

South Africa chemicals producer Sasol slashes dividend for year to June 2023 on depressed earnings

Kenya defends controversial Arab fuel importation deal

UK charges Nigerian ex-oil minister, OPEC president charged with bribery over awarding of contracts

South Africa-focused natural gas explorer Kinetiko Energy executes deal to advance LNG project

Cheiron discovers oil at the Gesium and Tawila West Concession in the Gulf of Suez

Egypt-focused oil and gas producer Cheiron discovered oil at the Gesium and Tawila West Concession in the Gulf of Suez where the company through its PICO GOS affiliate holds a 60% working interest.

Kenya to allow private sector to run Gulf fuel import scheme

IMF wants Kenya to abandon fuel importation scheme with Arab nations

Shell Nigeria investigates another possible Trans Niger oil pipeline leak due to suspected theft

Qatar’s Power International Holding plans to build Algeria chemical plant

Nigerian president approves compressed natural gas initiative

IMF praises Kenya’s fuel price stabilisation mechanisms

AfrOil: Forcados terminal back online

US’s Apache plans to invest $1.4bn in oil and gas activities in Egypt in 2024

US independent hydrocarbons producer Apache plans to invest $1.4bn in oil and gas exploration and development in Egypt in 2024 to expand production volumes, media sources reported citing an announcement by the prime minister’s office.

Somaliland opens new oil storage terminal to serve Horn of Africa