AfrOil - Africa Oil & Gas

Warri, Port Harcourt set to boost Nigerian self-sufficiency

The Nigeria Extractive Industries Transparency Initiative (NEITI) released a statement on January 26 praising the newly commissioned 210,000 barrel per day Port Harcourt refinery and 150,000 bpd Warri refinery.

Egyptian GUPCO announces oil discovery at East Crystal-1 exploratory well

Nigeria to construct five mini-LNG plants

The Nigerian National Petroleum Co. Ltd (NNPCL) has approved plans to construct five mini-liquefied natural gas plants in Ajaokuta, Kogi State, with a groundbreaking ceremony set to take place on February 6.

South Africa: ACSA urges government to secure strategic jet fuel reserves amid ongoing refinery crisis

South Africa's state-run Airports Company South Africa (ACSA) has urged the government to establish a policy for maintaining strategic jet fuel reserves, particularly in light of the count.

Libya resumes oil shipments from Es Sider and Ras Lanuf after protests end

Ghana’s petroleum funds see record growth amid rising oil revenue

Nigerian marketers may drop Dangote Refinery in favour of low-cost imports

Nigerian oil marketers revealed this week that the price of petrol imports had dropped from N955 ($0.61) per litre to N922.65 ($0.59), with the price encompassing import duties, shipping fees and exchange rate fluctuations.

Trump calls on OPEC to ramp up oil supply

"Right now the price is high enough that that war will continue," Trump said at Davos.

Russian-backed project to restart South African gas-to-liquids refinery in limbo

Zimbabwe-focussed gas company Invictus Energy details "milestones" it scored in quarter to December 2024

Nigerian president to inaugurate five mini LNG projects

Nigerian President Bola Tinubu will inaugurate the construction of five mini liquefied natural gas projects in Ajaokuta on January 30.

ASX-listed Red Sky Energy makes its first African oil and gas market entry in Angola

Red Sky Energy, an Australian oil and gas exploration and development company, has made its debut in Africa’s oil and gas market by securing a 35% interest in Block 6/24, situated offshore in Angola’s Kwanza Basin.

Sudanese army gains full control of largest oil refinery Al-Jaili

Nigeria faces challenges in meeting 2025 oil production target, says PwC

Fire breaks out at Sudan’s largest oil refinery Al-Jaili

A fire broke out at Sudan’s largest oil refinery, Al-Jaili, on January 22, with thick smoke visible over Bahri and neighbouring Omdurman

Libyan oil production increases to 1.418mn bpd

Libyan oil production rose to 1.418mn barrels per day on January 26, up from 1.408m days earlier, the Libya Observer reported. Condensate production fell to 45,595 barrels from 51,064 barrels.

Algeria set to invest $50bn in next four years to increase oil exploration and production

Africa-focused Savannah Energy revenue dips slightly to $258.7mn, total income rises

TotalEnergies further delays $20bn LNG project in Mozambique over continuing unrest

Stanbic IBTC launches $95mn rights issue on Nigerian Exchange for gas and energy projects

Libya eyes enhanced strategic partnership and free trade with Turkey

Nigeria attracts $6.7bn in energy investments in 2024

NNPC launches pipeline overhaul to boost Nigeria’s energy security

The Nigerian National Petroleum Company Limited (NNPC) has launched a major rehabilitation programme to modernise its ageing pipelines and depots, aiming to bolster Nigeria’s energy infrastructure and resolve inefficiencies in petroleum distribution.