AfrOil - Africa Oil & Gas
PM Madbouly says Israeli gas deal will not change Egyptian stance on Gaza
Egyptian PM Mostafa Madbouly said on August 13 that the recently announced $35bn gas agreement with Israel is simply an extension of a 2019 deal and it will not change Egypt’s political stance on Gaza.
Nigeria’s Dangote Refinery raises fuel prices & debunks shutdown claims
Nigeria’s 650,000 barrel per day (bpd) Dangote refinery has re-started the sale of petrol with a revised ex-depot price of 850 naira ($0.55) following a week-long suspension, according to Investors King.
US independent Vaalco Energy provides Q2 2025 results, updates on African operations
Houston-based independent Vaalco Energy has reported operational and financial results for the second quarter of 2025.
Egypt launching gas exploration bidding round in Red Sea in September
The Egyptian Ministry of Petroleum plans to launch a gas exploration bid round in the Red Sea in September 2025, following the withdrawal of three international oil companies, namely Shell, Chevron, and Mubadala, earlier this year.
Nigerian Navy shuts 71 illegal refineries, seizes 411,000 litres of stolen crude
The Nigerian Navy dismantled 71 illegal refinery sites and seized more than 411,000 litres of stolen crude oil in the Niger Delta during July 2025, intensifying its clampdown on oil theft under Operation Delta Sanity
Egypt cancels seven fuel oil shipments as Israeli gas deal secures supply
Egypt’s state-run General Petroleum Corporation cancelled seven shipments of fuel oil, totalling around 350,000 tonnes (2.2mn barrels), which it had sought to purchase during a brief halt in Israeli gas supplies.
Tanzania to integrate LPG into Bulk Procurement System amid major port and storage expansion
Tanzania’s Petroleum Bulk Procurement Agency (PBPA) has begun upgrading seaport infrastructure, pipelines and storage facilities in preparation for importing liquefied petroleum gas (LPG) under the national Bulk Procurement System (BPS).
Nigeria’s Dangote appoints David Bird as CEO of refining, petrochemicals
650,000 barrel per day (bpd) Dangote refinery has appointed David Bird, former Shell executive and ex-CEO of 0Q8 refinery in Oman, as CEO of its refinery and petrochemical division, according to Reuters.
Israeli Leviathan gas field signs historic $35bn deal with Egypt, says energy partner NewMed
Israel’s Leviathan natural gas field signed a historic $35bn contract on August 7 to provide Egypt with natural gas supplies, marking the largest export contract in Israel’s history.
Zimbabwean businessman in alleged $7.7mn LPG forex scam arrested
Zimbabwean authorities have arrested a local businessman for allegedly violating foreign currency regulations in relation to importation of 9.4mn kg of liquefied petroleum gas (LPG) worth $7.7mn.
Egypt launches global tender to explore gas in Eastern Mediterranean
Egypt’s Ministry of Petroleum issued a global tender inviting specialised companies to conduct a seismic survey covering 100,000 square kilometres in the Eastern Mediterranean.
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