AfrOil - Africa Oil & Gas

Rwanda warns of troop withdrawal from Mozambique amid EU funding uncertainty

Rwanda has warned it could withdraw troops from Mozambique’s Cabo Delgado province if funding from the European Union is not sustained, raising concerns over the security of LNG projects.

ReconAfrica targets June testing at Namibia discovery as multi-basin strategy expands

Reconnaissance Energy Africa Ltd (TSX-V:RECO)is advancing production testing at its Kavango West 1X discovery in Namibia, with results due by June that could support a development decision, while expanding exploration activity.

Nigerian airlines warn of shutdown as jet fuel costs spike

Nigeria’s domestic airlines have warned they may suspend operations from April 20, citing surging Jet A1 fuel prices and what they describe as unfair practices by fuel suppliers that have made flights commercially unviable

Nigeria’s Seplat becomes first business to close above NGN10,000 a share

Seplat Energy (NGX: SEPLAT) has become the first stock in the Nigerian Exchange’s 65-year history to close above NGN10,000 ($7.79) a share, following a sharp re-rating tied to local billionaire Tony Elumelu’s entry through Heirs Energies.

Nigeria advances gas push with Utorogu plant and NLNG grants to entrepreneurs

Gabon’s Assala starts production at GNG oil project with targeted 10,000bpd output

Assala Energy has begun production at Gabon’s Grand N’Gongui field, targeting peak output above 10,000bpd from an estimated 350mn-barrel resource.

Egypt approves two oil and gas exploration agreements worth $85mn

The Egyptian cabinet has approved two new agreements for oil and gas exploration with a minimum combined investment of $85mn

Nigeria senate demands NNPCL executives answer $130bn audit queries

Nigeria’s Senate has summoned senior executives of the national oil company (NNPCL) to respond to unresolved audit queries totalling $130bn covering the period from 2017 to 2023

Kenya fuel prices surge as global oil shock offsets tax cut

Kenya has raised fuel prices sharply in its latest monthly review, with diesel increasing by a record KES 40 ($0.30) to KES 206 ($1.59) per litre and petrol rising by KES 28 ($0.21) to a similar level, despite a reduction in value added tax

Kenya targets December start for South Lokichar oil exports as Gulf Energy takes over Tullow assets

Kenya expects commercial crude oil exports from its South Lokichar fields in Turkana County to begin by December, marking a potential milestone in the country’s long-delayed oil development programme.

Algeria grants BP new exploration licence in Eastern Basin

The Algerian government decided to award British energy major BP a new licence to explore for oil and gas in the country’s eastern basin

Tunisia recognises Zenith Energy’s oil concession ownership amid arbitration

Africa needs stronger legal voice as climate-related litigation reshapes energy policy, says AEC

With climate-related litigation cases increasing globally, the AEC maintains that African institutions must play a stronger role to ensure fair and practical outcomes that fully reflect the continent’s development and energy needs.

TotalEnergies eyes gas exploration in Egypt’s Herodotus basin

France’s energy major TotalEnergies has expressed interest in exploring natural gas resources in Egypt’s Herodotus Basin in the deep waters of the western Mediterranean

Mozambican ecologist calls for measures to protect marine life near planned gas exploration project

AKK pipeline puts Abuja on course for first gas by July

Nigeria is expected to begin delivering natural gas to Abuja by July through the long-delayed Ajaokuta-Kaduna-Kano (AKK) pipeline, in a development seen as a test of government efforts to translate gas reserves into industrial growth

Morocco, Nigeria set to sign $25bn African Atlantic Gas Pipeline deal in 2026

Morocco is set to sign an intergovernmental agreement for the major natural gas pipeline project with Nigeria in 2026, marking a key step towards advancing a project estimated to cost more than $25bn

Orca Energy exits Tanzania with nominal $10 sale of Songo Songo gas project to Taifa and Amber

Canada-based Orca Energy Group Inc. (TSX: ORCB) has agreed to sell its Tanzanian operations, including the Songo Songo gas project, to a consortium led by Taifa Gas Tanzania Limited and Amber Energy Investment L.L.C-FZ for a nominal $10.

Zambia's planned oil refinery to rely on crude delivered by road

Zambia has said an oil refinery that is being built north of the country will process crude that would be initially delivered by road.

Libya restarts gas pipeline after 16-year suspension

Libya’s state-owned energy utility, National Oil Corporation, has launched a key gas pipeline project linking the Intisar field to the Brega gas distribution system, reviving infrastructure that had been idle for more than 16 years

Nigerian billionaire Dangote plans pan-African IPO of continent's biggest refinery

Aliko Dangote is planning a pan-African IPO of his 650,000bpd Nigerian oil refinery, with advisers appointed and exchange talks underway.

Nigeria seizes $300mn suspected stolen crude in Niger Delta crackdown

Nigeria’s military has seized vessels carrying suspected stolen crude oil worth about $300mn in a major Niger Delta operation, exposing the scale of oil theft and ongoing weaknesses in monitoring the country’s energy infrastructure

QatarEnergy reports Congo offshore hydrocarbon discovery

Guinea-Bissau strengthens energy sector leadership amid growing upstream momentum

Julio Mamadù Baldé has been appointed as Guinea-Bissau’s Minister of Natural Resources.

Egyptian energy firm Petrogulf boosts output by 10,000 bpd from Gulf of Suez fields

Egyptian energy firm Petrogulf Misr, a subsidiary of the state-owned South Valley Egyptian Petroleum Holding Company, raised its oil production by nearly 10,000 barrels per day (bpd), reaching its highest output level since its establishment in 1982