AfrOil - Africa Oil & Gas

Nigeria’s NNPCL completes construction of oil storage facility

ASX-listed Invictus Energy aims to raise $10mn to fund activity at Zimbabwean gas permit

Saudi Arabia to help South Africa build $10bn oil refinery, start beef imports

CNOOC to construct LPG facility in Uganda

Uganda has issued a licence to China National Offshore Oil Corporation (CNOOC) Uganda Ltd. to construct a new liquefied petroleum gas (LPG) facility near Lake Albert.

Nigeria destroys 5,500 illegal refineries in three years

According to Mele Kyari – managing director of the Nigerian National Petroleum Co. Ltd. (NNPC) – Nigeria has destroyed over 5,500 unauthorised refineries and around 4,500 illegal pipeline connections over three years.

NNPCL launches tender for Port Harcourt refinery

The Nigerian National Petroleum Corporation Ltd. (NNPC) has launched a tender inviting new operators to run and maintain its 210,000 barrels per day (bpd) Port Harcourt Refining Complex (PHRC).

Watchdog group EITI calls on Nigeria to make public full details of Dangote refinery stake deal

The Extractive Industries Transparency Initiative (EITI) has directed the Nigerian National Petroleum Company Ltd (NNPCL) to provide further details regarding its 20% equity stake in the Dangote Petroleum Refinery.

Kenya in IMF's crosshairs over fuel subsidy

Uganda in talks with UAE’s Alpha MBM to finance $4bn oil refinery project

Africa Oil boosts interest in a "promising" South Africa offshore block by 6.25%

Kenya faces $400mn exposure in controversial fuel import deal with Gulf companies

Nigeria’s NNPCL to use $3.3bn Afreximbank loan for operational needs, currency stabilisation

This funding will be allocated to address operational needs, settle upfront tax and royalties owed to the government, and stabilise the foreign exchange market.

Energy investors eye Libya opportunities as degree of stability returns

Libya to construct $1bn Waha Oil pipeline project

AfrOil: Shell selling onshore Nigerian assets for up to $2.4bn

Oil shipments from Saudi Arabia and Iraq to Europe delayed amid Red Sea tensions

Oil shipments from Saudi Arabia and Iraq to Europe, totalling nearly nine million barrels, are facing delays as tankers are forced to reroute due to escalating tensions in the Red Sea

South Africa's tax body demands $15mn from oil titan BP for a "disappeared" diesel consignment

MPs say fuel theft costs Kenya Pipeline Company (KPC) some $4mn annually, demand controls

Kenya to terminate oil import deal with Gulf companies

AIM-listed clean energy developer Kibo lines up South Africa waste-to-energy, bio-coal projects

Libya loses $12bn annually in smuggled subsidies

Ghana allocates $83.4mn for Africa Energy Bank subscription amid fiscal challenges