oil_drop.jpg
Looking for more AfrOil articles? Or would you like to find out more about the publication? Keep reading.
Overview
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.
AfrOil is fully digital publication and can be read via PDF, PageSuite or via our NewsBase App.
Want to try it out?
The majority of our premium content is ONLY available to our subscribers.
If you would like to try AfrOil we can offer you a, no obligation, free trial, giving you a chance to get to know the publication and get hooked on the quality content. No credit card required. Simply fill in the form at the bottom of this page and we will send you your first copy of AfrOil
Need more convincing?
- Check out our client testimonial
- Find out more about subscribing to AfrOil
- Read a recent issue cover to cover (click the image below)
Egypt secures $8bn investment pledge from Eni amid push to clear arrears
Italian energy major Eni (BIT:ENI) announced plans to inject an additional $8bn in investments into Egypt over the next five years, focusing on developing existing fields and expanding exploration activities
Nigeria’s NNPCL sets June 2026 deadline for private refinery partnerships
The Nigerian National Petroleum Company Limited (NNPCL) has set June 2026 as the deadline to finalise partnerships with private refinery operators
Kenya to truck Turkana crude as Gulf Energy prepares 2026 output
Kenya will move crude oil from the Turkana fields to the port of Mombasa by road in the first phase of production, the Energy and Petroleum Cabinet Secretary said on November 24
Eni and Shell boost stakes in Nigerian deepwater OML118 as TotalEnergies exits
Eni has increased its stake in Nigeria’s deepwater OML 118 to 15% after acquiring an additional 2.5% from TotalEnergies, while Shell has raised its own holding to 65% following a parallel transaction.
Mozambique awards 30-year LNG and Rompco pipeline concession to state firms
Mozambique has granted ENH, CFM, EDM and HCB a 30-year concession to develop LNG terminals, storage sites and the 865-km Rompco pipeline, aiming to strengthen domestic gas logistics and support regional flows.
G20 Africa Energy Investment Forum – overview
The G20 Africa Energy Investment Forum took place on November 21 at the Protea Hotel Sandton in Johannesburg, South Africa.
Tullow Oil pushes for long-term Ghana licences as new gas deal strengthens outlook
Tullow Oil has moved a step closer to securing extended operating licences for its flagship Jubilee and TEN fields in Ghana to 2040 after concluding a new gas sales agreement that locks in pricing and underpins its long-term plans in West Africa.
Nigeria’s NNPCL profit rises 64% in 2024 as company targets $60bn investment plan by 2030
The Nigerian National Petroleum Company Limited (NNPCL) reported on a 64% rise in profit after tax to $4.6bn for 2024, up from NGN3.3tn ($2.8bn) in 2023, while announcing plans to mobilise $60bn in investments by 2030.
Mozambique gives state-run ENH 30-year concession to build two FSRUs
The Mozambique government has granted a 30-year concession to four of its state-run companies to build and operate LNG facilities, including two floating storage and regasification units.
Kenya invites Uganda to acquire stake in Kenya Pipeline Company
Kenya has invited Uganda to take a significant stake in the Kenya Pipeline Company (KPC) as part of a plan to expand shared ownership of regional fuel infrastructure.
Nigeria’s Auditor-General flags $42mn in financial irregularities at NNPCL
Nigeria’s Office of the Auditor-General for the Federation has identified 28 significant financial irregularities linked to the Nigerian National Petroleum Company Limited (NNPCL), involving disputed payments and unverified expenditures.
Chevron plans to invest $100mn to explore gas in Egypt’s Dabaa offshore block
US energy major Chevron is considering acquiring an exploration concession in the West Dabaa area of Egypt’s Mediterranean waters. The company will invest $100mn.
Egypt establishes LNG liquefaction and bunkering facility in Port Said
Egypt’s Ministry of Petroleum and the Suez Canal Authority (SCA) have signed a memorandum of understanding (MoU) to establish a liquefaction and LNG bunkering station in the Raswa area of Port Said
Tensions threaten Israel-Egypt gas deal
A landmark natural gas agreement between Israel and Egypt, valued at $35bn, faces imminent collapse amid escalating geopolitical friction
Egypt confirms new Gulf of Suez oil discovery with initial 3,000bpd flow estimate
Egypt has announced a new oil discovery in the Gulf of Suez, made by the Gulf of Suez Petroleum Company (GUPCO), a long-standing JV between the Egyptian General Petroleum Corporation (EGPC) and Dragon Oil, the upstream arm of Dubai-based ENOC.
Ghana advances talks to acquire Springfield’s WCTP2 stake to unlock stalled deepwater development
Ghana is holding advanced talks to acquire Springfield Exploration and Production’s stake in the West Cape Three Points Block 2 (WCTP2), one of the country’s most prized undeveloped deepwater assets, officials said.
ExxonMobil lifts force majeure on $30bn Rovuma LNG in Mozambique as security outlook improves
ExxonMobil has lifted force majeure on Mozambique’s Rovuma LNG project after improvements in Cabo Delgado’s security environment, allowing partners Eni, TotalEnergies and CNPC to resume work.
High Court blocks South Sudan oil sale in BB Energy debt dispute
London-based commodity trader BB Energy has secured an emergency injunction in the High Court in London to stop South Sudan from selling an oil cargo worth more than $20mn, as the group seeks repayment of a $100mn loan.
Drone attacks on Sudan processing facilities interrupt South Sudan’s crude exports
Crude oil production and exports were temporarily halted in parts of Sudan and South Sudan last week after drone strikes on two separate processing facilities in Sudan.
German NGO ECCHR sues French major TotalEnergies for alleged involvement in "war crimes" in Mozambique
The European Centre for Constitutional and Human Rights (ECCHR) has filed a criminal complaint in France against energy multinational, TotalEnergies, for alleged complicity in “war crimes, torture and enforced disappearance” in Mozambique.
PETAN, oil majors commit to Nigeria’s 1mn bpd additional output drive
The Petroleum Technology Association of Nigeria (PETAN), together with major international oil companies Shell, TotalEnergies and ExxonMobil, has declared full support for Nigeria’s drive to boost crude oil production.
Follow us online