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)
OPEC reflects on its superpower era
War‑time disruption, sanctions and the UAE’s exit have exposed the limits of OPEC’s market power, leaving the cartel more constrained, more reactive and less central to price formation
Libya approves development of 195mn-barrel Cyclone Oil Field in Sirte Basin
Libya’s National Oil Corporation (NOC) has declared the commercial viability of the Cyclone Oil discovery in Concession 103 within the Sirte Basin, clearing it for immediate development
Algeria’s energy major Sonatrach signs gas supply deal with Germany’s VNG
Algeria’s state-owned energy major Sonatrach and German energy firm VNG have signed a new natural gas supply agreement to expand gas volumes and secure energy infrastructure ties
OPEC takes aim at the IEA over oil and gas forecasts
OPEC warns that pessimistic demand forecasts and financing restrictions risk deterring oil and gas investment.
Shell awards $518mn contracts to 123 Nigerian firms in 2025
Shell (LSE: SHEL, NYSE: SHEL) awarded contracts worth $518mn to 123 indigenous companies in Nigeria in 2025, as the company expanded local participation across its oil and gas operations and supply chain
Italian oil giant Eni urges Mozambican firms to boost competitiveness for gas contracts
Italian energy company Eni has urged Mozambican businesses to strengthen their competitiveness rather than rely on local content regulations if they are to secure contracts linked to the country's liquefied natural gas (LNG) projects.
Africa's LNG ambitions gather pace amid record global trade, says IGU report
Africa is steadily carving out a more prominent role in the global LNG industry.
Kenya's planned Dangote refinery faces early opposition over environmental concerns
Plans by Dangote Industries to build what would be East Africa's largest oil refinery in Kenya's coastal Lamu County are facing early resistance from environmental organisations and sections of the local community, raising fresh questions
Angola’s oil reforms offer lessons for Algeria’s upstream investment drive
Algeria could strengthen its oil and gas sector by adopting some of the regulatory reforms that helped revive Angola's upstream industry.
Mozambican fuel group Petromoc triples 2025 profit despite lower sales
Mozambique's state-owned fuel company, Petromoc, almost tripled its net profit in 2025 despite a decline in fuel sales, supported by higher operating gains and reversals, according to financial statements published on July 14 and reported by Lusa.
Mozambique expects ExxonMobil LNG investment decision in September
Mozambique expects ExxonMobil to take a final investment decision (FID) on its Rovuma Liquefied Natural Gas (LNG) project in September, President Daniel Chapo said.
Brazil’s Petrobras completes acquisition of exploration block off São Tomé and Príncipe
Petrobras has completed the acquisition of a stake in, and assumed operations of, Block 3, an offshore exploration block located in São Tomé and Príncipe, off the coast of Africa.
Mozambique can draw lessons from Angola's gas reforms as its LNG sector expands, says AEC
Mozambique should strengthen its regulatory framework and create a more predictable investment environment if it is to maximise the benefits of its growing LNG industry, says the African Energy Chamber.
Nigeria crude output hits 74-month high, exceeds Opec quota for fourth month
Nigeria's crude oil production rose to a 74-month high in June, exceeding its Organisation of the Petroleum Exporting Countries (Opec) quota for a fourth consecutive month
Cheiron Energy secures $550mn funding for Egyptian gas expansion
Cheiron Finance, a subsidiary of oil explorer Cheiron Energy, has signed a $550mn financing agreement with a syndicate of Gulf and international banks
Italian energy giant Eni eyes further Ghana investment after record gas output
Ghana’s Energy Minister John Abdulai Jinapor has praised Italian energy group Eni for helping strengthen the country’s energy security, 3News reported, after the company reversed a decline in production and reached record gas output.
Tanzania delays $420mn Canadian-backed gas-to-liquids plant pending gas supply assurance
Tanzania has delayed signing a gas supply agreement needed to advance a planned $420mn gas-to-liquids (GTL) plant, with state-owned Tanzania Petroleum Development Corporation saying natural gas will remain prioritised for electricity generation
SLB OneSubsea wins major contract for Côte d’Ivoire’s Baleine Phase 3
US energy technology company SLB (NYSE:SLB) said its OneSubsea joint venture had secured a major EPC contract from Italian energy group Eni (BIT:ENI) for Phase 3 of the Baleine oil and gas development.
OPEC’s leverage narrows as war and exits reshape supply
Sanctions on Iran, war‑time disruptions and the UAE’s departure from OPEC have eroded the cartel’s capacity to shape prices, leaving it increasingly reactive and internally constrained
Mauritius’ fuel fund deficit widens to $69mn on Middle East crisis
Mauritius' State Trading Corporation (STC) has accumulated a Rs3.28bn ($69mn) deficit in its Price Stabilisation Account as the conflict in the Middle East continues to drive fuel market volatility, Defi Media reported on July 11.
Galp Energia takes Mozambique tax dispute to ICSID arbitration
Portuguese energy company Galp Energia (ELI:GALP) has launched arbitration proceedings against Mozambique over a capital gains tax dispute arising from the sale of its stake in the country’s Area 4 offshore gas concession
Egypt revives drilling programme for southern Al-Baraka oil field
Egyptian Ganoub El Wadi Petroleum Holding Company (GANOPE) has launched a comprehensive redevelopment programme to reactivate production wells at the Al-Baraka oil field in the Kom Ombo concession
Russia pledges backing for Mozambique's fight against terrorism
Russia is ready to support Mozambique's efforts to eliminate terrorism and restore stability in the country's insurgency-hit north while expanding trade and investment ties, Russian Foreign Minister Sergey Lavrov said on July 9.
Follow us online