AfrOil - Africa Oil & Gas

8 March 2024

Nigeria launches airstrikes on illegal refineries

7 March 2024

Director, Public Relations and Information, Nigerian Air Force (NAF) Edward Gabkwet said in a statement on March 3 that the NAF had destroyed two illegal refineries as well as some boats in an airstrike conducted March 1.

OPEC+ members roll cuts up until mid-year

6 March 2024

The oil-producing group will maintain its current output quotas for another three months at least despite geopolitical uncertainty continuing to prop up oil prices

Nigeria’s Dangote set to establish oil trading firm amid refinery supply issues

6 March 2024

Nigerian billionaire Aliko Dangote is working to establish a trading firm to manage crude supply for his newly operational 650,000-bpd refinery in Lagos; BP, Trafigura, Vitol and others have offered loans.

Nigerian Navy intercepts Ghanaian-owned boat suspected of stealing crude oil

5 March 2024

The Nigerian Navy, operating under Operation Delta Sanity, has arrested 13 people under suspicion of stealing crude oil.

Canadian oil explorer Eco bullish about its South Africa, Namibia oil prospects

5 March 2024

Eco said in an update that last quarter was marked by "dynamic" activity in its work in the two African nations, as well as Guyana.

Iran, Iraq forge oil and gas partnership at GECF summit

4 March 2024

Iran and Iraq signed a deal to solidify collaboration in the oil and gas sector at the Gas Exporting Countries Forum (GECF) summit in Algeria this week.

Nigeria’s NNPCL to help international companies divest from energy projects

4 March 2024

NNPCL says that it is committed to facilitating efforts by international oil and gas companies (IOCs) to divest from domestic assets, contrary to some media reports.

Shell Egypt signs deal with EGAS for reducing greenhouse gas emissions

3 March 2024

The Egyptian unit of global energy group Shell signed a framework agreement with the Egyptian Natural Gas Holding Company (EGAS) to manage and reduce greenhouse gas emissions from EGAS facilities.

Nigeria pays $120mn owed to gas suppliers

1 March 2024

Nigeria’s Federal Government has made a payment exceeding $120mn to gas suppliers, in a significant step towards stimulating gas production in Nigeria.