AfrOil - Africa Oil & Gas

Egypt seeks faster progress on energy projects with Libya covering gas, refining and electricity

Egypt deepens industrial gas cuts as MOPCO faces 33% reduction and Ezz Steel reportedly loses 30%

Congo seeks investment to lift oil output and expand LNG exports - AEC

NJ Ayuk, AEC's executive chairman, visited Brazzaville to discuss Congo’s energy sector and investment priorities with the Ministry of Hydrocarbons.

Nigeria's oil production deferred by 42.55mn barrels in 2025 amid pipeline outages

Nigeria deferred approximately 42.55mn barrels of crude oil and condensate production in 2025 because of pipeline outages, terminal disruptions and equipment failures, with the affected output carrying an estimated gross market value of $2.97bn.

Nigeria-listed oil and gas firms’ 9M profit falls 9.6% despite 59% revenue surge

Seven companies in the Nigerian Exchange’s oil and gas sector recorded a 9.6% year-on-year decline in combined profit after tax to NGN525.3bn ($390mn) in the first nine months of 2026, even as revenue rose by about 59% to NGN11.81 trillion.

Nigeria’s NNPCL courts ADNOC, other investors for $25bn–$26bn Atlantic gas pipeline to Morocco

Nigeria's state-owned Nigerian National Petroleum Company Limited is seeking investors for the African Atlantic Gas Pipeline, a Nigeria-to-Morocco project that Chief Executive Bashir Bayo Ojulari put at $25bn-$26bn.

Nigeria seeks investors for $26bn Morocco gas pipeline as phased development takes shape

Nigeria's state-owned Nigerian National Petroleum Company (NNPC) is seeking international investors for the proposed $25bn–$26bn Nigeria–Morocco Gas Pipeline

Poland's Orlen prepares third exploration well in Libya's Murzuq Basin for November

Mozambique advances Matola LNG import terminal as Sasol's PPA gas production declines

A Mozambican group, Beluluane Gas Company (BGC), has appointed the VGI/PRDW consortium as owner's engineer for its planned liquefied natural gas (LNG) import terminal at Matola.

Libya’s diplomatic thaw masks dinar slide and central bank fight

Libya’s inflation hit 16.6% in September as a contested central bank appointment, an oil revenue dispute and a pipeline closure test diplomatic gains.

Mozambique’s ENH begins first offshore drilling campaign through Saipem venture at Coral Norte

Mozambique’s state-owned ENH has begun its first direct operational participation in offshore gas drilling through a joint venture with Italy’s Saipem (BIT:SPM), as development advances at the Coral Norte FLNG.

SAPETRO agrees to acquire 40% of Nigeria’s OPL257 ahead of Egina South appraisal

South Atlantic Petroleum (SAPETRO), a Nigerian oil and gas exploration and production company, has signed a farm-out agreement with TotalEnergies to acquire a 40% participating interest in Nigeria’s offshore OPL257 block.

Gulf of Guinea oil regains strategic appeal as global energy shocks mount – Carnegie

A Carnegie analysis says the Gulf of Guinea holds 4.5% of global oil reserves and could help Western markets bypass Middle East chokepoints.

Africa’s $40bn upstream investment outlook hinges on project delivery, says AEC

Africa’s upstream oil and gas sector is expected to attract around $40bn in annual investment, but production growth through 2030 will depend on how quickly operators secure final investment decisions and bring projects into operation.

Nigeria’s NNPCL September revenue rises to $3.4bn trillion as hydrocarbon output edges up

Nigeria’s state-owned NNPC Ltd reported September revenue of NGN4.61 trillion ($3.4bn), up 23.3% from NGN3.74 trillion in August, as total hydrocarbon production edged higher.

Dangote’s Lamu refinery puts Kenya’s shelved Turkana oil pipeline back in play - presidential advisor

​A senior adviser to Kenyan President William Ruto has said Aliko Dangote’s planned refinery in Lamu makes a long-shelved crude pipeline from the South Lokichar oilfields in Turkana County bankable

Ghana’s GNPC Explorco targets Voltaian Basin spud in Q4 as it bids for independent operatorship

GNPC Explorco, the upstream arm of Ghana’s state oil company, is sticking to a fourth-quarter 2026 target to drill the Voltaian Basin’s first well since 1974, as falling offshore output raises the stakes.

Uganda and Tanzania tighten oversight of $5bn oil pipeline

Uganda and Tanzania have agreed to strengthen cooperation in overseeing the construction and future operations of the East African Crude Oil Pipeline (EACOP), as the 1,443km project approaches completion

Spain's Moeve agrees to sell stakes in three Algerian oilfields to Indonesian Pertamina

Mauritania signs two offshore oil and gas exploration contracts with Murphy Oil

Mauritania has signed two exploration and production contracts with US energy company Murphy Oil Corporation (NYSE: MUR) covering the offshore C10 and Tiof blocks

African Energy Chamber rejects Open Secrets allegations over oil and gas dealings

The African Energy Chamber (AEC) has rejected allegations concerning its executive chairman NJ Ayuk and his associated consultancy, CLG, following an investigation into the company's involvement in African oil and gas transactions.

Libya's NOC warns pipeline closure threatens 15,000 bpd of crude supplies to Zawiya refinery

Libya's National Oil Corporation (NOC) warned that an armed group's closure of a pipeline valve could disrupt approximately 15,000 barrels per day of crude supplies to the Zawiya refinery

Africa’s refinery boom draws billions while financing and crude-supply risks mount

Libya, Ghana, Nigeria, Kenya and Angola are pushing billions into new refineries, but funding gaps, scarce crude and fading margins threaten Africa’s plans.

Nigeria to open bidding portal for 40 oil and gas blocks on November 20

Nigeria's NUPRC plans to open its bidding portal for the 2026 oil and gas licensing round on November 20, offering 40 blocks across onshore, shallow-water and deepwater areas

Morocco extends fuel subsidies for road transport operators