AfrOil - Africa Oil & Gas

29 March 2024

Kenya set to permit Uganda NOC to use pipeline, ending months-long row

28 March 2024

Nairobi appears set to issue a permit to the Uganda National Oil Company (Unoc) to import fuel directly through the Kenya Pipeline Company (KPC), ending months of feuding between the neighbouring countries through legal and diplomatic channels.

Sudan declares force majeure on oil exports

28 March 2024

Sudan has declared a force majeure on oil exports, spelling potential disaster for its southern neighbour

Nigeria urged to reduce LPG prices

28 March 2024

The Nigerian chieftain of the All Progressives Congress APC in Osun State, Olatunbosun Oyintiloye, made an appeal to President Bola Tinubu on March 24 to intervene in the high cost of liquefied petroleum gas.

Credit Agricole backs out of financing LNG projects in Mozambique and Papua New Guinea

26 March 2024

The bank was the original financial adviser for Eni and ExxonMobil’s Rovuma LNG facility in Mozambique and Total Energies, Santos and ExxonMobil’s Papua LNG project in Papua New Guinea.

Aramco aims to remain China’s key energy partner

26 March 2024

The Saudi firm has reiterated its commitment to key offtake partner China in a mutually beneficial arrangement.

Libya’s oil production to exceed 1.5mn bpd by 2025, says NOC head Bengdara

22 March 2024

Libya’s oil production will exceed 1.5mn bpd by 2025 and reach 2mn bpd by 2027, state-owned NOC head Farhat Bengdara said in a statement following the tenth regular meeting of the Supreme Council for for Energy and Water Affairs.

Nigerian National Petroleum Company Ltd will soon be listed, says NNPCL CEO

22 March 2024

That’s according to Mele Kyari, NNPCL's group CEO, who announced during the 2024 CERAWEEK in Houston that the corporation would soon be listed, in line with the Petroleum Industry Act.