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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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Egyptian petroleum utility signs agreement with SLB to launch smart drilling solutions
Mozambique slashes fuel prices by 18% as dollar surges in value
Tanzania to auction 26 oil and gas exploration blocks in March
Ghana explores 24-hour economy in petroleum sector to boost growth
TotalEnergies exits Burkina Faso with sale to Coris Investment Group
MEC calls for increased role of Mozambican firms in oil and gas sector development
At the Invest in African Energies: Mozambique Roundtable, MEC’s chairman spoke of an opportunity for local firms to increase their role in the market largely dominated by foreign players.
OPEC+ considers increasing production
OPEC+ is currently deciding on whether to delay a collection of monthly supply increases that were previously scheduled to start in April.
Brazil set to join OPEC+ but says it will opt out of cartel's output cuts
Brazil has approved joining OPEC+, marking the country's emergence as a major oil producer just months before it hosts the UN climate conference.
Nigeria’s NNPCL debunks claims it imported 200mn litres of petrol in February
The Nigerian National Petroleum Co. Ltd. (NNPCL) has moved to debunk claims that it had imported more than 200mn litres of petrol this month.
Nigerian army recovers 95,000 litres of stolen crude
The Nigerian Army said this week that it had recovered 95,000 litres of stolen crude oil after destroying 25 illegal refineries and arresting 12 alleged oil thieves in the Niger Delta, according to Punch.
South Africa seeks regional collaboration to advance major oil refinery revival
South Africa is seeking regional partnerships with national oil companies to revive its mothballed Sapref crude oil refinery site near the port of Durban on the east coast in KwaZulu-Natal province.
Eni, TotalEnergies strike deal to pipe Cypriot gas to Egypt
Italy’s Eni and France’s TotalEnergies, partners in Cyprus’ offshore Block 6, have signed a host government agreement with Egypt and Cyprus for the development of the site’s gas resources.
Angola reveals 15% increase in LPG sales
Angola’s downstream regulator Instituto Regulador dos Derivados do Petróleo revealed this week that the country was able to bring 140,185 metric tonnes of liquefied petroleum gas (LPG) to the domestic market in the first quarter (Q1) of 2024.
Eni invests $80mn to double gas output from Egypt's Noor Field by 2026
Italian energy group Eni will begin producing 100mn cubic feet per day of gas from the Noor concession offshore Egypt’s Mediterranean by mid-2026.
AEC to support Namibia’s ambitions of becoming leading regional energy hub at NIEC 2025
The Namibia International Energy Conference 2025 on April 23-25 in Windhoek aims to establish Namibia as a prominent energy hub by fostering strategic partnerships, enhancing local value, and encouraging meaningful collaborations.
Egypt, Cyprus partner with Eni and Chevron to export East Mediterranean gas to Europe
Mozambique to press on mobilising investment in natural gas to drive economy, fight poverty
Libyan private firm Arkenu Oil generates $600mn in exports since May, ending NOC monopoly
ASX-listed explorer D3 Energy secures three new TCPs in Free State, South Africa
D3 Energy Limited, an Australian natural gas and helium exploration company, has expanded its operations in South Africa by securing three new technical cooperation permits (TCPs) in the Free State province.
Senegal refines domestic oil for first time
Algeria, Nigeria and Niger sign pacts to accelerate implementation of Trans-Saharan gas pipeline project
Algeria, Nigeria and Niger signed three agreements to accelerate the implementation of the Trans-Saharan Gas Pipeline (TSGP) project
Equatorial Guinea to launch new licensing round in 2025 to boost exploration
Equatorial Guinea will launch a new oil and gas licensing round in 2025 to enhance its offshore exploration and production (E&P) activities.
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