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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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Sierra Leone awards offshore blocks to Marginal Energy in $225mn exploration push
Sierra Leone has awarded offshore exploration rights worth over $225mn to Marginal Energy, signalling renewed efforts to attract investment into its underexplored deepwater basin.
Nigeria's NUPRC urges local refiners to invest in oil blocks to secure crude supply
Nigeria’s upstream regulator has urged local refiners to invest in oil blocks and secure long-term crude supply agreements to address persistent feedstock shortages and support domestic refining capacity
Kenya fuel import row escalates as One Petroleum defends emergency cargo deal
One Petroleum Limited, a petroleum trading and import company operating in Kenya’s fuel supply market, has defended its role in a disputed emergency fuel shipment, saying it followed official procedures and government instructions
Botswana-focused Tlou Energy reports first revenue from Lesedi gas project
Tlou Energy, which focuses on CBM gas-to-power projects, has begun generating revenue from its Lesedi gas project in Botswana, marking a key shift towards commercialisation.
NIEC weighs Namibia’s bid to build competitive energy supply chain while advancing towards first oil
COMMENT: Iran was the prequel, China is the target
A growing chorus of analysts from Moscow, Beijing and Washington think tanks argues that the US campaign against Iran was really aimed at China's oil supply chain, making Tehran the prequel to a longer confrontation
Tanzanian government says talks on $42bn LNG project to conclude next fiscal year
Tanzania expects to conclude negotiations with investors on its planned $42bn liquefied natural gas project in the next financial year, in a fresh step for one of Africa’s biggest undeveloped gas ventures
GasEntec secures Senegal LNG terminal contract with 2027 start target
South Korea’s GasEntec has signed agreements with ELTON Logistics & Services to supply regasification infrastructure for a new liquefied natural gas (LNG) import terminal in Dakar
Shell signs survey deal to assess Sierra Leone’s offshore oil potential
Sierra Leone has signed a reconnaissance agreement with Shell plc (LSE: SHEL) to conduct geological and geophysical surveys across 20,600 sq km of offshore acreage, in a move aimed at improving understanding of its deepwater hydrocarbon resources
Angola projects $3.5bn revenue jump in 2026 due to rising oil prices
Angola’s government expects its revenues to grow by 3.2 trillion kwanza (about $3.5bn) this year due to the increase in the price of oil,
Nigeria and oil firms pocket $4bn as crude jumps on Iran conflict
Nigeria and oil producers operating in the country have gained an estimated $4bn in additional earnings as crude prices surged during a prolonged United States-Israel-Iran confrontation
Nigeria’s NNPCL crude deliveries to Dangote refinery rise above 1.03mn tonnes in April
The Nigerian National Petroleum Company Limited (NNPCL) increased crude shipments to the Dangote refinery in April, delivering more than 1.03mn tonnes across eight cargoes, although volumes remain below the level required for full capacity operations
Nigeria’s Dangote expands upstream operations as global oil supply tightens
Dangote Group has accelerated crude oil production from its Niger Delta assets, as global supply disruptions push prices higher and strain refining operations
Egypt set to boost Israeli gas imports by 21% in May
The Egyptian Ministry of Petroleum and Mineral Resources is expecting a 21% increase in the country’s imports of Israeli natural gas, raising volumes to around 1.15bn cubic feet per day by May 2026
ZEN Petroleum lists on Ghana bourse, boosting investor access to energy sector
ZEN Petroleum Holdings PLC has begun trading on the Ghana Stock Exchange, listing 640mn ordinary shares after raising $57.6mn in a book-building exercise.
Nigeria loses 38% of gas output to field use and flaring
GasEntec wins Senegal LNG terminal deal
A new LNG import terminal in Dakar is set to supply Senegal’s largest power plant and a wider group of industrial users after GasEntec secured a contract to deliver core regasification infrastructure with local partner ELTON Logistics & Services
Nigeria’s Dangote refinery to expand downstream petchem portfolio with major LAB facility
Honeywell will provide process technologies and catalysts for both Dangote's Linear Alkylbenzene (LAB) unit and a 750,000tpy propylene production facility.
Nigeria petrol imports fall 85% as Dangote refinery boosts domestic supply
Nigeria’s petrol imports have fallen by 85.14% over six months as the Dangote Refinery increased domestic supply to more than half of national demand, marking a shift in the country’s fuel market
Ghana’s oil storage company warns of $3.6mn monthly revenue hit amid Middle East tensions
Ghana’s state-owned Bulk Oil Storage and Transportation Company (BOST) says it could lose up to GHS40mn ($3.6mn) in monthly revenue after the government reduced its diesel margin to ease fuel costs driven by Middle East tensions.
Oil price divergence in a time of crisis
Knowledge Katti’s pioneering vision helps shape Namibia’s rise as leading oil and gas frontier
As Namibia advances its hydrocarbon sector development towards first oil following recent large-scale offshore discoveries in the Orange Basin, it remains focused on foundations laid by local entrepreneurs over the past two decades.
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