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AfrOil has always been at the forefront of news and analysis on political change in Africa. Leading commentaries in recent years have covered the Arab Spring in North Africa, the splitting of Sudan, and regional political divides in Nigeria and other countries. AfrOil not only provides analysis of what is happening on the political landscape, but gives insights in to what effects this may have on the oil & gas industry in these regions.
AfrOil highlights company activity throughout Africa, from planning and investment to production and results. Through its coverage of new projects and developments, as well as contracts or tenders being announced and won, AfrOil has allowed our customers to keep ahead of their competition and look for new opportunities across the continent.
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Egypt expects $16.7bn in oil and gas investments over five years, says minister
International energy majors are currently planning to invest around $16.7bn in Egypt’s oil and gas sector over the next five years
Dangote accuses Nigerian regulator of undermining refinery with fuel imports
Private refinery owner Aliko Dangote has accused Nigeria’s oil regulator of sabotaging domestic refining by permitting continued fuel imports and has called for a corruption investigation into the head of the authority.
Natural gas to play a key role in Africa’s economic transformation, says AEC
Africa holds vast natural gas resources but has yet to turn them into broad economic gains.
Ghana parliament backs broader investment powers for oil revenues
Ghana’s parliament has approved amendments to the country’s petroleum revenue law, allowing oil funds to be invested in a wider range of financial instruments as the government seeks higher returns from its hydrocarbon income.
BW Energy acquires stakes in Chevron-operated blocks offshore Angola
BW Energy Limited has entered Angola after agreeing a $97.5mn acquisition of stakes in Chevron-operated Blocks 14 and 14K, adding about 4,000bpd of net production.
Egypt plans to cut fuel imports by 15% in 2026, aims to save $3.24bn
Egypt’s Ministry of Petroleum plans to reduce the country’s monthly fuel imports by 15% in 2026 as part of an effort to curb fuel subsidies and lower the cost of energy imports
US crude exports to Nigeria jump 153% as Dangote refinery ramps up intake
Nigeria’s imports of US crude oil rose by 153% in the first nine months of 2025, driven by higher demand from the Dangote Petroleum Refinery amid continued shortfalls in domestic crude supply
Nigeria grants flare gas permits to 28 firms, targets $2bn investment and 100,000 jobs
Nigeria has issued permits to 28 companies under its gas flare commercialisation programme
Africa requires $375bn to develop its natural gas resources, says SPE
Africa will need an estimated investment of $375bn over the next decade to fully fund its natural gas development in order to meet its growing domestic and export demand, according to the Society of Petroleum Engineers.
Qatar’s Al Mana signs $200mn aviation fuel contract for Egyptian SCZone project
Egypt’s Suez Canal Economic Zone (SCZone) is set to sign an agreement with Qatar's prominent and diversified business conglomerate Al Mana Group to launch a new aviation fuel project with an investment of $200mn,
Dangote refinery receives second Ghana crude cargo as European imports fall ahead of maintenance
Dangote Petroleum Refinery has received its second crude cargo from Ghana as refinery intake falls ahead of major maintenance, accelerating a shift towards domestic and regional West African grades and pushing Nigeria’s fuel import demand higher.
JNIM resumes fuel-tanker attacks on southern Mali corridor linking Bamako to Côte d’Ivoire
JNIM has resumed attacks on fuel tankers along a corridor linking Mali to Côte d’Ivoire, threatening Bamako’s main fuel supply route, raising risks of shortages and regional spillover along Sahel trade corridors.
Viridien announces new seismic reimaging programme over Block 22 offshore Angola
Global advanced technology company Viridien has announced a new multi-client seismic reimaging programme in Angola. The reimaging over Angola’s highly prospective offshore Block 22 will support the country’s upcoming licensing round.
Nigerian NLNG’s $10bn Train-7 project reaches 88% completion
The $10bn Nigeria LNG (NLNG) Train-7 project has reached 88% completion, positioning it for delivery within the revised timeline despite domestic and global challenges
Kosmos Energy denies Senegal nationalisation plans for Yakaar-Teranga gas field
Kosmos Energy (NYSE:KOS) has confirmed with the Ministry of Energy, Petroleum and Mining of Senegal that there is no intention to nationalise the Yakaar-Teranga gas field as reported in the media.
South Sudan deploys troops to secure Heglig oilfield under SSPDF-claimed three-way deal
South Sudan has deployed troops to the Heglig oilfield under what its military describes as a three-way arrangement with Sudan’s rival factions, aiming to shield critical infrastructure from the country’s escalating civil war.
Nigeria launches gas trading licence and clearing house to reshape Africa’s energy market
Nigeria’s petroleum regulator has introduced a gas trading licence and a centralised clearing house intended to formalise transactions and improve transparency across Africa’s gas sector
Eni, ExxonMobil plan $300mn investments in Egypt’s Nour block, Western Zohr concession
Eni is set to begin drilling a second gas well at the Nour offshore concession in the eastern Mediterranean in February, with an estimated investment of $150mn. ExxonMobil to inject $150mn in investments to drill well in the Western Zohr concession
Nigeria orders NNPCL CEO to attend hearing over irregular payments
Nigeria’s Public Accounts Committee of the House of Representatives has ordered the Nigerian National Petroleum Co. Ltd.’s (NNPCL) CEO Bayo Ojulari to attend a hearing on December 15 over audit queries raised in 2021.
Nigeria’s new Ondo refinery project sees breakthrough following the creation of JV structure
A new project to construct a 500,000 barrels per day (bpd) refinery in Nigeria’s Ondo State has been formalised, with a joint venture (JV) structure established to carry the plans forward.
Dana Gas reports Egypt discovery valued at up to $67mn as Nile Delta output outlook improves
TotalEnergies to take 40% stake and operatorship of Namibia’s PEL 83 in deal with Galp
TotalEnergies has agreed to acquire a 40% stake and operatorship of Namibia’s PEL 83 from Galp Energia, joining NAMCOR, Custos Energy and Sintana in one of the Orange Basin’s most closely watched licences.
Morocco launches FSRU and pipeline tenders as it targets 2027 LNG import start
Morocco has issued international tenders to procure an FSRU and build a national gas pipeline network as it works toward commissioning its first LNG import terminal by 2027.
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