AfrOil - Africa Oil & Gas

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Oil & Gas

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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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Nigeria’s petrol exports hit $821mn in 3Q25, signalling refining breakthrough

18 December 2025

Nigeria exported petrol worth NGN707.05bn ($821mn) to African countries in the third quarter of 2025, marking its strongest performance yet as a net fuel exporter and reflecting a shift driven by the start-up of the Dangote Petroleum Refinery

Uganda eyes stake in Kenya Pipeline financed by part of $2bn Vitol-backed loan

18 December 2025

Uganda would use the Vitol-backed loan to acquire up to a 60% stake in Kenya Pipeline Company as Nairobi prepares an IPO expected to raise about $460mn.

SBM Offshore extends Angola Block15 FPSO contracts to 2032

18 December 2025

Offshore contractor SBM Offshore (Euronext:SBMO) has secured a contract extension for the lease and operation of two FPSOs on Block15 offshore Angola, extending its involvement in the assets through 2032.

Nigeria’s president dismisses heads of oil regulators NUPRC and NMDPRA over pace of reform

18 December 2025

President Bola Tinubu has replaced the chief executives of Nigeria’s upstream and midstream/downstream oil regulators, amid a push to accelerate implementation of the Petroleum Industry Act and reshape energy-sector governance.

Nigeria's Seplat Energy appoints two independent directors after NNPCL-linked resignations

18 December 2025

Seplat Energy appointed two independent non-executive directors effective January 2026 following the exit of board members appointed to NNPCL.

Museveni says Uganda’s oil revenues will fund infrastructure to cut business costs

18 December 2025

Uganda's president says revenues from the country’s oil and gas sector, set to be commercialised in 2026, will be directed toward transport, energy and industrial infrastructure to cut business costs, with annual inflows projected at $1bn–$2.5bn.

Israel approves $35bn Egypt gas export deal linked to Leviathan field

18 December 2025

Israel has approved a $35bn natural gas export agreement with Egypt, expected to build on Leviathan-linked exports and deepen Eastern Mediterranean energy cooperation while supporting Egypt’s LNG export capacity.

UK removes Egypt’s Zohr gas project from sanctions despite stake held by Russia's Rosneft

17 December 2025

UK removes Egypt’s Zohr gas project from scope of its sanctions regime despite Rosneft’s minority stake, citing Treasury decision that highlights a pragmatic carve-out for energy assets critical to regional gas supply and Egypt’s LNG exports.

Libya collects $202.9mn in oil royalties and taxes in November

17 December 2025

Libya’s Ministry of Oil and Gas under the Government of National Unity said total royalties and taxes collected from oil and natural gas concession and production-sharing companies reached $202.9mn in November

Egypt approves $208mmn oil and gas agreements in Western Desert

17 December 2025

The Egyptian cabinet has approved a draft law endorsing a concession agreement for the exploration, development and production of oil and gas in the Badr El-Din Integrated Area in the Western Desert

Canadian oil firm Reconnaissance Energy Africa reports "active and productive" 2025

17 December 2025

ReconAfrica (TSXV:RECO, OTCQX:RECAF) has released its 2025 operational update, outlining progress across its exploration portfolio in Namibia, Angola and Gabon, and setting out key milestones planned for 2026.

CNR adopts Pisys simulator for FPSO operator training at Baobab field offshore Ivory Coast

17 December 2025

Oil and gas producer Canadian Natural Resources has selected the Pisys simulator for the training of process operators at the Baobab Floating Production Storage and Offloading unit, located off the Ivory Coast.

Egypt expects $16.7bn in oil and gas investments over five years, says minister

16 December 2025

International energy majors are currently planning to invest around $16.7bn in Egypt’s oil and gas sector over the next five years

Dangote accuses Nigerian regulator of undermining refinery with fuel imports

16 December 2025

Private refinery owner Aliko Dangote has accused Nigeria’s oil regulator of sabotaging domestic refining by permitting continued fuel imports and has called for a corruption investigation into the head of the authority.

Natural gas to play a key role in Africa’s economic transformation, says AEC

16 December 2025

Africa holds vast natural gas resources but has yet to turn them into broad economic gains.

Ghana parliament backs broader investment powers for oil revenues

15 December 2025

Ghana’s parliament has approved amendments to the country’s petroleum revenue law, allowing oil funds to be invested in a wider range of financial instruments as the government seeks higher returns from its hydrocarbon income.

BW Energy acquires stakes in Chevron-operated blocks offshore Angola

15 December 2025

BW Energy Limited has entered Angola after agreeing a $97.5mn acquisition of stakes in Chevron-operated Blocks 14 and 14K, adding about 4,000bpd of net production.

Egypt plans to cut fuel imports by 15% in 2026, aims to save $3.24bn

15 December 2025

Egypt’s Ministry of Petroleum plans to reduce the country’s monthly fuel imports by 15% in 2026 as part of an effort to curb fuel subsidies and lower the cost of energy imports

US crude exports to Nigeria jump 153% as Dangote refinery ramps up intake

15 December 2025

Nigeria’s imports of US crude oil rose by 153% in the first nine months of 2025, driven by higher demand from the Dangote Petroleum Refinery amid continued shortfalls in domestic crude supply

Nigeria grants flare gas permits to 28 firms, targets $2bn investment and 100,000 jobs

15 December 2025

Nigeria has issued permits to 28 companies under its gas flare commercialisation programme

Africa requires $375bn to develop its natural gas resources, says SPE

15 December 2025

Africa will need an estimated investment of $375bn over the next decade to fully fund its natural gas development in order to meet its growing domestic and export demand, according to the Society of Petroleum Engineers.

Qatar’s Al Mana signs $200mn aviation fuel contract for Egyptian SCZone project

14 December 2025

Egypt’s Suez Canal Economic Zone (SCZone) is set to sign an agreement with Qatar's prominent and diversified business conglomerate Al Mana Group to launch a new aviation fuel project with an investment of $200mn,

Dangote refinery receives second Ghana crude cargo as European imports fall ahead of maintenance

12 December 2025

Dangote Petroleum Refinery has received its second crude cargo from Ghana as refinery intake falls ahead of major maintenance, accelerating a shift towards domestic and regional West African grades and pushing Nigeria’s fuel import demand higher.

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Edited by

Jennifer deLay

Editor

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