AfrOil - Africa Oil & Gas

Crude oil prices remain in motion amid Middle East uncertainty

Fresh talks between Israel and Hamas at the start of the week prompted Brent and WTI prices to slip from higher prices during the previous week, but a lack of progress in the talks by mid-week and a pending new attack by Israel prompted concern.

New Age set to secure Olive Energy as new partner on delayed Congo oil project

New Age (African Global Energy) Ltd has struck a deal with Olive Energy E&P to take a stake in a potential $400mn Republic of Congo project

EPC provider Oilserv eyes expansion to Namibia, wider Southern Africa region, chairman says

Oilserv, a provider of oilfield services for clients across the Middle East and Africa that has taken part in some of the largest gas pipeline projects on the continent, aims to establish its footprint in Namibia and the wider southern African region

Bank of Ghana may delegate 'Gold for Oil' barter scheme to commercial banks

Italy’s Piombino terminal receives first cargo from Eni’s Tango project

Italian gas grid operator Snam’s Piombino floating storage and regasification unit has received the first LNG cargo shipped from Eni’s Tango floating LNG terminal off the waters of the Republic of Congo.

Uganda confirms China’s commitment to EACOP completion

TotalEnergies, Sonatrach expand partnership in Algeria

Angola and Brazil forge deeper ties in oil and gas collaboration

Angola and Brazil are poised to strengthen their collaboration within the oil and gas sectors, driven by their sustained growth trajectories and a shared vision for mutual development.

Nigeria’s NNPCL reportedly owes $3bn to fuel traders

Panoro Energy to negotiate PSC for Block EG-23 offshore Equatorial Guinea

Senegal gets new petroleum minister to oversee key portfolio as president's promises sector "audit"

AfrOil: South Africa urgently needs new gas deal, says BLSA chief

Tanzania to showcase $40bn LNG project, gas prospects at IAE conference in May

Morocco’s refined fuel imports drop 21.5% y/y in 2023 to $5.1bn

West African oil-producing nations under threat from insecurity and extremism – S&P

Egyptian Natural Gas Holding buys LNG for delivery next May

The Egyptian Natural Gas Holding Company (EGAS) bought at least one shipment of liquefied natural gas for delivery next May, as the country tries to avoid potential shortages in summer.