AfrOil - Africa Oil & Gas

ASX-listed gas explorer Kinetiko Energy raises $3.3mn to undertake a five-well flow testing campaign in South Africa

Kinetiko Energy (Kinetiko), a company which is exploring for gas in South Africa, has raised $3.3mn which it will use for a five-well flow testing programme at its onshore permit east of the country.

Nigerian modular refineries running below capacity due to feedstock troubles

Nigeria is still struggling to produce the feedstock needed for its refineries to run at full capacity, with policies from international oil companies, oil theft and pipeline vandalism all playing vital roles in perpetuating the issue.

Chariot, Energean set to drill two wells at Lixus license offshore Morocco

Africa-focused energy firm Chariot Limited expects drilling operations inside the Anchois-East well in the Lixus licence offshore Morocco to start in August, betting on the drillship Stena Forth to accomplish the mission.

Nigeria reduces signature bonuses for oil blocks

Nigeria intensifies lobbying to host Africa's first energy bank

Oil tanker stranded at Nigeria's Dangote refinery due to payment issues

A large oil tanker has been stuck at Dangote refinery as of June 6, awaiting the discharge of its 1.9mn-barrel cargo due to alleged payment issues.

Libya's oil output average 1.11mn bpd in Q1 2024

Nigeria’s NNPCL signs deal with Golar to deploy FLNG

State-owned Nigerian National Petroleum Corporation has inked a contract with marine LNG infrastructure firm Golar for the deployment of a floating LNG unit off the coast of the Niger Delta.

Woodside achieves first oil at Sangomar in Senegal

Woodside Energy has successfully achieved first oil from the Sangomar field, marking a significant milestone for the Australian giant in offshore oil production for Senegal.

Sintana Energy buys 49% of Namibian firm Giraffe with exposure to hotspot Orange Basin

Nigerien nationals arrested in Benin as diplomatic spat blocking oil flow worsens

Conflict over $10bn Nigeria's Bonny Island LNG project escalates over non-disclosure agreement

Ghana oil firm GOIL maintains dividend amid 56% profit decline

Algeria's state group Sonatrach signs hydrocarbons deal with China's Sinopec

AfrOil: Chevron, Rhino Resources prepare for offshore drilling in Namibia’s Orange Basin

Egypt to tender for 15-20 LNG cargoes to meet soaring summer demand

Libya’s oil minister calls for detailed investigation of UK corruption allegation

Nigeria to spend almost $4mn to maintain stable petrol prices

Nigeria secures further $925mn oil-backed loan from Afreximbank

Afreximbank, NNPCL finalise $925mn accordion disbursement for project Gazelle

BP’s FPSO for Greater Tortue Ahmeyim LNG project arrives offshore Mauritania, Senegal

BP, Eni hire Aker Solutions to work on two FPSO for Azule Energy in Angola

Dangote refinery begins jet fuel exports

Aliko Dangote’s Lagos refinery has started to export jet fuel to Europe.

Morocco awaits South Korean oil tanker to support distribution network

OPEC+ extends cuts, to unwind voluntary limits

OPEC+ has extended most of its cuts through 2025, but will begin to unwind voluntary additional restrictions

Bank of Ghana discloses $163mn cost for ‘Gold for Oil’ scheme