AfrOil - Africa Oil & Gas

US will support Africa’s right to develop own energy resources, says energy secretary

The United States will support Africa’s right to develop its energy resources, according to Chris Wright, the US Secretary of Energy.

Nigerian's NMDPRA issues three refinery licences

The Nigerian Midstream and Downstream Petroleum Regulatory Authority has issued licences to three oil companies for the construction of new refineries – expected to add around 140,000 barrels per day (bpd) to the country’s overall capacity.

Nigeria’s Seplat Energy launches $650mn senior notes to refinance debt

UK-based Harbour Energy to raise investments for oil exploration in Egypt

Nigeria’s crude oil production declines by 5% in February, misses OPEC quota

African Energy Chamber to host webinar focused on Namibia’s exploration boom

The African Energy Chamber (AEC) is set to host a webinar focused on Namibia’s oil and gas exploration boom, organised in collaboration with Wood Mackenzie and Namibia’s Ministry of Mines & Energy.

Zambia transforms oil refinery Indeni Energy into an importer, marketing firm

Libya's Akakus Oil announces successful drilling of new well in Sharara field

GECF bullish on natural gas as "integral" to energy mix for decades to come

“We are convinced now more than ever that natural gas is not just a bridge to the future. It is an integral part of the future,” GECF Secretary General Mohamed Hamel said.

Nigeria’s NCDMB acquires 20% stake in 100,000-bpd refinery project in Rivers State

Senegal to begin construction of 400km gas pipeline by June 2025

Egypt sets a price cap of $14 for LNG imports, not to buy Russian gas

NNPCL signs 20-year gas supply deal with Ssonic Petroleum for Lagos LNG project

The Nigerian National Petroleum Company Limited (NNPCL) has signed a 20-year Gas Sale and Purchase Agreement (GSPA) with Ssonic Petroleum to supply 80mn standard cubic feet per day (mmscfd) of natural gas

Zambia looks to billionaire Aliko Dangote's oil refinery to ease supply ahead of key election in 2026

Zambia plans to procure oil from Nigeria to diversify its sources and stabilise prices.

Canada’s Africa Oil Corporation to double Nigerian output after Prime Oil acquisition

BP completes drilling in Egypt’s West Nile Delta in key gas discovery

Mozambique, Netherlands probe alleged murders by soldiers at TotalEnergies-owned gas project

Egypt to build $660mn liquid, gas bulk terminal at Alexandria’s Dekheila Port

Aminex moves closer to first gas at Tanzania’s Ntorya project

Libya announces first oil exploration bidding round since 2008

Libya is Africa’s second-largest oil producer and an OPEC member exempted from OPEC+ output limits.

Nigeria’s LNG exports plummet as pipeline sabotage cuts gas supplies

Nigeria LNG is struggling with an operational crisis as reduced gas supplies due to pipeline sabotage are plaguing the country’s LNG exports.

Nigeria’s Seplat Energy reports $375mn pre-tax profit for 2024

Seplat Energy has reported a pre-tax profit of NGN561.4bn ($375mn) for the fiscal year ending on 31 December 2024, marking a 347.21% increase from the NGN125.5bn ($84mn) recorded in 2023.

Africa to remain key player in high-impact drilling for oil and gas in 2025

Major discoveries have been made in South Africa’s Outeniqua Basin and Namibia’s Orange Basin, turning the region into a hotspot for high-impact exploration, particularly offshore Namibia.

US-based Vaalco Energy acquires 70% stake in Ivory Coast offshore block

Egypt launches 13 major bids to enhance crude oil and natural gas production