AfrOil - Africa Oil & Gas

Nigerian trade union urges Port Harcourt oil refinery to begin production

The Trade Union Congress (TUC) of Nigeria has urged the Nigerian government to push the Port Harcourt refinery to begin production by the end of Q1 2024, according to TUC President Festus Osifo – who released a statement on February 26.

Perenco commences drilling at Hylia South West in Gabon

Perenco Oil & Gas Gabon (POGG) has commenced drilling operations for an appraisal well near the Hylia South West discovery, situated offshore Gabon.

Kenya to run G2G oil deal until December, regulator says; more OMCs join scheme

Kenya will keep in place a government-to-government oil import deal until December, the EPRA says. OMCs One Petroleum Ltd One and Asharami Synergy has joined Galana Oil, Gulf Energy, Oryx Energy in the scheme.

Russian ban of gasoline exports to affect market prices in Libya

Marketers await fuel from Dangote

Nigerian oil marketers declared on February 25 that they were still waiting for supplies of refined petroleum products from the country’s $20bn Dangote refinery – four weeks after the plant began operations.

Eni’s ‘fast-track’ for Cyprus gas likely points to Egypt as market and re-export centre

Despite the ongoing war in the Gaza Strip, gas exploration and development in the East Mediterranean continues to be a prime focus for the countries and companies involved.

Africa Oil Corp. assessing potential south of Venus offshore Namibia

AOC is continuing appraisal drilling around the Venus oil discovery in the Orange basin offshore Namibia while its focus this year is to advance its core assets in that basin and in deepwater Nigeria and Equatorial Guinea.

Venezuela and Algeria forge gas sector collaboration amidst bilateral talks

Venezuelan Petroleum Minister Rafael Tellechea and President of Petróleos de Venezuela (PDVSA) convened with Algerian Energy and Mines Minister Mohamed Arkab in Caracas last week to explore collaborative ventures in the gas sector.

BP to inject $1.5bn in oil exploration investment in Egypt within next few years

Global oil group BP intends to inject up to $1.5bn in onshore and offshore exploration activities in Egypt within the next few years, with a feasibility to extend the sum to $5bn, group CEO Murray Auchincloss said.

Greater Tortue Ahmeyim LNG project on West African coast now delayed until Q4 2024

Nigeria second most expensive place globally to extract oil – reports

Libyan Petroleum Facilities Guard threatens to close Western gas facilities

Ghana’s NPA suspends sale of fuel from Chinese-owned Sentuo Oil Refinery over quality concerns

Kenyan oil dealers fear Uganda set to pick Tanzania’s Tanga port over Mombasa to handle fuel imports

AfrOil: Ghana expects to complete Tema LNG terminal by year-end

Panoro optimistic about growth in 2024 despite issues in Equatorial Guinea and Gabon

Despite challenges encountered during drilling operations in Equatorial Guinea, Panoro Energy anticipates significant growth in 2024.