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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.
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Senegal weighs arbitration against BP and Woodside over energy contracts
Senegal is considering international arbitration in disputes with BP and Woodside Energy as President Bassirou Diomaye Faye’s administration intensifies scrutiny of oil and gas agreements it says may shortchange the state
Uganda and East Africa energy sector advance Dangote-led regional refinery talks
Uganda’s planned refinery remains commercially viable and will proceed alongside discussions on a larger regional oil processing project involving private and state actors across East Africa
Ludoil Energy’s ISAB refinery deal strengthens Africa-Europe energy links
Italy-based private energy company Ludoil Energy has agreed to acquire a controlling stake in ISAB, owner of the Priolo Gargallo refinery in Sicily, Italy’s largest refinery and a key fuel supply hub in the Mediterranean.
Dangote refinery sues to halt Nigeria petrol imports amid market battle
Dangote Petroleum Refinery has reopened its battle with fuel importers after filing a lawsuit seeking to halt petrol imports into Nigeria, arguing that continued import licences violate the Petroleum Industry Act and undermine domestic refining.
Shell to submit final Libya oil and gas exploration study by end-May
Libya’s National Oil Corporation (NOC has announced progress in discussions with the British energy major Shell (LSE:SHEL) for future exploration and production projects in Libya
Oil giant BP aims to invest $5bn in Angola to increase output
Oil super major British Petroleum (NYSE: BP, LON: BP) (BP) has told Angola’s government that it plans to invest around $5bn to increase oil production in the southwestern African country.
BP considers partial sale of Egypt gas assets amid global restructuring
British energy major BP (LSE:BP) is considering the sale of part of its natural gas assets in Egypt as part of a broader restructuring strategy aimed at reducing debt and focusing on higher-return projects
Historic 2024-2025 drought slashed Mozambique's Q1 2026 energy sector contribution to fiscus by 75%
Mozambique’s oil and energy projects contributed MZN10.9bn (about $171mn) to the fiscus in Q1 2026, a 21.2% drop compared to the relative period in 2025.
Nigeria grants pension funds waiver to invest in Dangote Refinery IPO
Nigeria’s PenCom has granted pension fund administrators a special waiver allowing investment in the planned Dangote Petroleum Refinery IPO, in support of what may be the largest listings in African capital markets history.
São Tomé and Príncipe launches offshore licensing round for frontier blocks
The Democratic Republic of São Tomé and Principe, a two-island nation in the Gulf of Guinea, has launched a new bidding round for three oil and gas blocks in a push to attract investment into high-potential offshore assets.
Zimbabwe to boost capacity of refined fuel pipeline from 3bn litres to 5bn litres per year by 2027
The first phase of the project increased the pumping capacity of the 573km Beira-Feruka-Msasa pipeline from 2bn to 3bn litres of refined product per year.
Nigeria oil output hits 2026 high but still misses Opec quota
Nigeria’s total liquid petroleum production rose to 1.66mn barrels per day (bpd) in April, the country’s strongest performance so far in 2026, although crude oil output remained marginally below its 1.5mn bpd quota set by Opec
Namibia renews NAMCOR offshore oil exploration permit at PEL 102 in Lüderitz Basin
Namibia’s government has extended petroleum exploration licence (PEL) 102, a Lüderitz Basin offshore block operated by the National Petroleum Corporation of Namibia (NAMCOR)
Algeria’s oil export revenues drop 13% y/y in 2025 to $22.4bn despite higher shipments
Algeria saw its oil export revenues decline by 13% year-on-year (y/y) in 2025 to $22.4bn, despite a slight increase in export volumes
Nigeria oil agencies remit over $350mn after Tinubu’s Executive Order 9
Nigeria’s state oil company and upstream regulator remitted more than NGN322bn and $116.9mn into the Federation Account within two months after President Bola Tinubu introduced Executive Order 9 aimed at tightening oil revenue transparency
ReconAfrica advances production testing at Kavango West 1X well in Namibia
ReconAfrica said operations at the Kavango West 1X discovery well are progressing alongside partners NAMCOR and BW Energy Limited, with equipment and technical services continuing to arrive on site ahead of testing expected by June.
Tanzania energy sector draws interest from Chevron as government prepares new licensing round
US oil major Chevron Corporation (NYSE:CVX) is considering investment opportunities in Tanzania’s oil and natural gas sector after holding talks with Tanzania’s Petroleum Upstream Regulatory Authority (PURA)
Natural gas projects fuel $5.7bn foreign direct investment into Mozambique in 2025
Mozambique attracted $5.7bn in foreign direct investment (FDI) in 2025, with the extractive sector accounting for 92% of the inflows, Lusa reported on May 13.
Libya targets restart of Ras Lanuf oil refinery within a year
Libya aims to restart the Ras Lanuf Refinery within 6 to 12 months, as the country seeks to strengthen domestic fuel supplies and revive key energy infrastructure
Senegal's state-owned oil company says Yakaar-Teranga gas discovery to cost $7.5bn to develop
The project could sharply reduce Senegal's $1bn annual subsidy bill and ultimately help to replace imported fuels, the CEO of Petrosen's trading arm says.
Oregen appoints former Impact Oil & Gas executive as advisor for Namibia exploration push
Oregen Energy has appointed veteran petroleum geologist Philip Birch as a strategic advisor to the board as the company advances exploration in Namibia’s Orange Basin.
Egypt signs MoU with TotalEnergies for West Mediterranean gas exploration
Egyptian Natural Gas Holding Company (EGAS), the state-owned company affiliated with Egypt’s Ministry of Petroleum and Mineral Resources, signed a memorandum of understanding on May 13 with French energy major TotalEnergies
Nigeria’s domestic oil firms drive upstream revival and target $35bn investment push
Nigeria’s domestic oil and gas producers have increased their share of national crude output to 27% from 12% a decade ago and are preparing about $35bn in new investments
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