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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 seizes $300mn suspected stolen crude in Niger Delta crackdown
Nigeria’s military has seized vessels carrying suspected stolen crude oil worth about $300mn in a major Niger Delta operation, exposing the scale of oil theft and ongoing weaknesses in monitoring the country’s energy infrastructure
QatarEnergy reports Congo offshore hydrocarbon discovery
Guinea-Bissau strengthens energy sector leadership amid growing upstream momentum
Julio Mamadù Baldé has been appointed as Guinea-Bissau’s Minister of Natural Resources.
Egyptian energy firm Petrogulf boosts output by 10,000 bpd from Gulf of Suez fields
Egyptian energy firm Petrogulf Misr, a subsidiary of the state-owned South Valley Egyptian Petroleum Holding Company, raised its oil production by nearly 10,000 barrels per day (bpd), reaching its highest output level since its establishment in 1982
Quality matters: how the Hormuz crisis tests refinery flexibility
The disruption highlights a key reality often overlooked in the oil market: while volumes may be globally fungible, crude quality is not.
BP expands Namibian oil portfolio with acquisition of three offshore exploration blocks
BP (LSE/NYSE: BP) has agreed to acquire a 60% interest in three offshore exploration blocks in Namibia from Eco Atlantic Oil and Gas (CVE: EOG) (Eco Atlantic) as part of its strategy to grow its upstream portfolio.
Nigeria’s NNPCL reports revenue growth but profit falls sharply in February 2026
Nigerian National Petroleum Company Limited (NNPCL) reported a modest increase in revenue in February 2026, but a sharp decline in crude production and rising operational pressures led to a significant drop in profit.
Nigeria Supreme Court restores Nestoil and Neconde right to appoint counsel in $2bn dispute
Nigeria’s Supreme Court has overturned a Court of Appeal decision that barred Nestoil Limited and Neconde Energy Limited from appointing their own legal representatives
Nigerian upstream regulator outlines reform agenda towards achieving 3mn bpd target
Nigeria’s upstream regulator has launched a digital reform agenda to boost oil production toward 3mnbpd, as the country seeks to recover from years of declining output and restore investor confidence.
Tanzania–Qatar oil and gas investment talks advance as Shaheen Energy eyes $500mn entry
Tanzania’s envoy to Qatar has held discussions in Doha with Qatar-based energy firm Shaheen Energy on a potential $500mn investment in Tanzania’s oil and gas sector.
Angolan oil company Sonangol orders two LNG carriers from Korean manufacturer HD Hyundai Sambo
Angola’s state-owned oil firm Sonangol has contracted South Korea’s HD Hyundai Sambo to build two liquefied natural gas (LNG) vessels worth $511mb, Riviera News wrote on April 9.
US-Guinea talks support LNG project tied to mining and energy security
Guinea’s proposed LNG project is advancing with backing from US and local officials, as the country seeks to build gas-fired energy capacity to support mining expansion and strengthen long-term energy security.
Nigeria’s oil output rebounded to 1.84mn bpd in 2025 amid security overhaul, says NNPCL
Improved pipeline security and coordinated enforcement have driven Nigeria’s crude production from 960,000 bpd in 2022 to a peak of 1.84mn bpd in 2025.
Libya announces new oil and gas discoveries in northern and southern regions
Libya announced three new oil and gas discoveries in the north and south of the country
NewMed, EGAS seal 15-year deal to channel Cypriot Aphrodite gas into Egypt’s energy grid
NewMed Energy (TASE:NMW), a partner in Cyprus’s offshore Aphrodite gas field, announced the signing of a 15-year agreement to supply natural gas to the Egyptian Natural Gas Holding Company-EGAS (EGX:EGAS)
Perenco partnership to advance energy sector skill development in Central Africa
Perenco Cameroon and Perenco Gabon, key African subsidiaries of independent Anglo-French oil and gas company Perenco, have formed a partnership with the UCAC-ICAM Institute in Douala to advance local skill development in Central Africa.
Ghana’s oil output slump deepens, raising investor concerns
Ghana’s crude oil production has fallen for a sixth straight year, dropping sharply from 71.4mn barrels at its peak to 37.3mn barrels in 2025, according to official data.
Mozambique's Beira Port to expand annual fuel handling capacity to 7mn tonnes from 5mn tonnes
BP announces new gas discovery off Egypt’s East Mediterranean
UK energy major BP (LSE:BP) has announced a new gas discovery offshore Egypt in the East Mediterranean, following the successful drilling of the “Dennis West-1” exploration well within the Temsah concession area
Chevron eyes new exploration blocks in Egypt as investment climate improves
US energy major Chevron (NYSE:CVX) is currently in talks with Egypt’s Ministry of Petroleum and Mineral Resources to invest in three new exploration areas.
AEC moves to join landmark climate case to safeguard Africa’s energy interests
The African Energy Chamber (AEC) has applied to participate in a major climate-related case as amicus curiae before the African Court on Human and Peoples’ Rights.
Afreximbank to provide Surinamese companies with direct financing for oil and gas projects
Afreximbank is positioning itself as a direct financing partner for Surinamese companies competing for domestic oil and gas contracts, Okechukwu Ihejirika, Acting Regional Chief Operating Officer for the Caribbean, confirmed.
Nigeria’s NNPCL begins exporting new Cawthorne crude grade to Europe
Nigeria has begun exporting a new crude grade, Cawthorne, with the first cargo shipped to Europe as the NNPCL seeks to expand its export slate, boost production and improve its competitiveness in global oil markets.
Dragon announces new oil discovery in Egypt’s Gulf of Suez
UAE energy company Dragon Oil, wholly owned by the Dubai-government-owned Emirates National Oil Company (ENOC), has announced a new oil discovery in Egypt’s Gulf of Suez, in partnership with GUPCO and the Egyptian General Petroleum Corporation.
Eni announces significant gas discovery off Egypt’s Mediterranean coast
Italian energy major Eni (BIT:ENI) announced a significant discovery of natural gas and condensates off Egypt’s Mediterranean coast on April 7, a development that could bolster the country’s energy outlook
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