AfrOil - Africa Oil & Gas

11 July 2024

Ghana wins key ruling in $7bn Eni and Vitol arbitration case

10 July 2024

The International Arbitration Tribunal has delivered a decisive victory for Ghana in the high-stakes case brought by Italian oil major Eni and Vitol, a Swiss-based Dutch multinational energy and commodity trading company

ADNOC’s latest deals across drilling, LNG and transition

10 July 2024

ADNOC is continuing to invest heavily across the energy value chain as it seeks to raise its profile.

South Sudan and Ethiopia agree on border security and oil infrastructure development

10 July 2024

South Sudan and its neighbour Ethiopia have agreed to bolster border security and trade by developing alternative oil transport infrastructure, following discussions between governors and administrators on July 6.

Kenya imposes fresh barrier to Uganda's direct fuel import scheme by hiking bond fee for imports

9 July 2024

Kenya has introduced a significant hurdle to Uganda’s direct fuel import scheme by raising the bond fee for imported consignments destined for Kampala to $45mn.

Nigeria again suffering petrol shortages, long pump queues amid NNPCL's $6bn payment backlog

5 July 2024

Long lines have reappeared at petrol stations throughout Nigeria, sparking worries about fuel shortages in Africa's largest economy.

Nigeria secures rights to host $5bn African Energy Bank HQ

5 July 2024

Nigeria has won the rights to host the African Energy Bank (AEB), the continent’s first such entity, a month after the African Petroleum Producers Organization (APPO) and African Export-Import Bank (Afreximbank) signed the document establishing it.

Namibia focuses on local content to enhance upstream sector development

4 July 2024

Namibia’s focus on local content is set to unleash a wealth of opportunities for the local population, building on recent breakthroughs in the upstream industry.