AfrOil - Africa Oil & Gas

9 February 2024

Germany strikes gas pipeline deal with Algeria

8 February 2024

German energy utility VNG has signed the country’s first pipeline gas deal with Algeria, with the latter’s state-owned oil and gas company Sonatrach.

NNPCL partners with US, Deloitte to achieve net-zero targets

8 February 2024

The Nigerian National Petroleum Company (NNPC) Ltd. has stated that it will be working with the US Department of State and international management consultancy firm Deloitte in a bid to achieve net-zero carbon targets.

Oil India plans to return to Libya to explore two new blocks

7 February 2024

Oil India has expressed renewed interest in returning to operate in Libya and it is currently in talks with the Libyan National Oil Corporation to explore two new blocks in the North African country

Moody’s expects Red Sea disruptions to cause oil price volatility

6 February 2024

Ongoing tensions in the Red Sea may lead to volatility of oil prices amid trade disruptions in the area and elevated shipping, insurance and freight costs.

Predator Oil & Gas secures extension rig contract for MOU-5 well drilling

6 February 2024

Predator Oil & Gas, a London-listed company with near-term gas operations focused on Morocco, signed an extension rig contract that will allow drilling of the proposed MOU-5 well between April and May this year.

Adding Saudi Arabia to the BRICS to create a commodities powerhouse

5 February 2024

The potential inclusion of the United Arab Emirates, Iran, and possibly Saudi Arabia into the BRICS group of nations would create a commodities powerhouse that controls the bulk of global oil and gas deposits, analysts at S&P Global suggest.