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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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Ghana pushes $60bn West Africa energy hub with mega refineries and petrochemicals
Ghana is pressing ahead with plans to build a massive Petroleum and Petrochemical Hub aimed at transforming the country into a regional energy powerhouse, an official has said.
South Africa’s industrial gas users launch GasHub to address looming supply gap
Twenty-two major industrial gas users from South Africa’s mining, glass, metals, chemicals and food manufacturing sectors have formally launched GasHub, a gas demand aggregator.
Nigeria’s crude output rises to 1.40mbpd in October but stays below OPEC+ quota
Nigeria’s crude oil production inched up to 1.40mbpd in October, according to the NUPRC, but remained below its 1.5mbpd OPEC+ quota for the third straight month.
Angola opens $4bn Soyo gas plant with 400mmcfd capacity under NCG consortium
Angola has opened a $4bn gas processing plant in Soyo with a capacity of around 400mmcfd built by the Novo Consórcio de Gás, which includes Azule Energy, Chevron and TotalEnergies.
Petralon Energy boosts output at Dawes Island as Nigeria enforces “Drill or Drop” rules
Petralon Energy has restarted the DI-2 well and spudded DI-3 at Nigeria’s Dawes Island field in PPL259, activity the government says aligns with the Petroleum Industry Act’s “Drill or Drop” requirement.
Nigeria: NNPCL-Heirs Energies JV doubles gas production at OML17
Nigerian indigenous integrated energy company Heirs Energies has made a significant breakthrough with the innovative, rigless recompletion of a key non-associated gas well in OML 17.
Algeria and India explore deeper energy and mining ties
Algeria’s Minister of State for Hydrocarbons and Mines, Mohamed Arkab, met India’s Ambassador to Algeria, Swati Vijay Kulkarni, on November 26 to discuss avenues for expanding bilateral cooperation, particularly in hydrocarbons and mining
Sri Lanka posts fastest emissions growth in South Asia despite having region’s cleanest economic footprint
Sri Lanka continues to hold South Asia’s lowest carbon intensity, yet its greenhouse gas emissions grew more sharply than those of its major neighbours in 2024
IEA backs Nigeria’s upstream reforms, urges deeper energy ties
Nigeria prepares for 2025 licensing round to boost upstream investment
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is gearing up for the launch of its 2025 oil and gas licensing round on December 1.
Nigeria's NNPCL announces record profits
The Nigerian National Petroleum Co. Ltd. (NNPCL) announced on November 24 that it had recorded net profits of 5.4 trillion naira ($3.6bn) in 2024, according to a Reuters report.
Egypt secures $8bn investment pledge from Eni amid push to clear arrears
Italian energy major Eni (BIT:ENI) announced plans to inject an additional $8bn in investments into Egypt over the next five years, focusing on developing existing fields and expanding exploration activities
Nigeria’s NNPCL sets June 2026 deadline for private refinery partnerships
The Nigerian National Petroleum Company Limited (NNPCL) has set June 2026 as the deadline to finalise partnerships with private refinery operators
Kenya to truck Turkana crude as Gulf Energy prepares 2026 output
Kenya will move crude oil from the Turkana fields to the port of Mombasa by road in the first phase of production, the Energy and Petroleum Cabinet Secretary said on November 24
Eni and Shell boost stakes in Nigerian deepwater OML118 as TotalEnergies exits
Eni has increased its stake in Nigeria’s deepwater OML 118 to 15% after acquiring an additional 2.5% from TotalEnergies, while Shell has raised its own holding to 65% following a parallel transaction.
Mozambique awards 30-year LNG and Rompco pipeline concession to state firms
Mozambique has granted ENH, CFM, EDM and HCB a 30-year concession to develop LNG terminals, storage sites and the 865-km Rompco pipeline, aiming to strengthen domestic gas logistics and support regional flows.
CONFERENCE CALL: G20 Africa Energy Investment Forum
G20 Africa Energy Investment Forum participants urged faster gas development, expanded LNG capacity and more bankable projects; the African Energy Chamber insists fossil fuels remain central to energy security and growth.
Tullow Oil pushes for long-term Ghana licences as new gas deal strengthens outlook
Tullow Oil has moved a step closer to securing extended operating licences for its flagship Jubilee and TEN fields in Ghana to 2040 after concluding a new gas sales agreement that locks in pricing and underpins its long-term plans in West Africa.
Nigeria’s NNPCL profit rises 64% in 2024 as company targets $60bn investment plan by 2030
The Nigerian National Petroleum Company Limited (NNPCL) reported on a 64% rise in profit after tax to $4.6bn for 2024, up from NGN3.3tn ($2.8bn) in 2023, while announcing plans to mobilise $60bn in investments by 2030.
Mozambique gives state-run ENH 30-year concession to build two FSRUs
The Mozambique government has granted a 30-year concession to four of its state-run companies to build and operate LNG facilities, including two floating storage and regasification units.
Kenya invites Uganda to acquire stake in Kenya Pipeline Company
Kenya has invited Uganda to take a significant stake in the Kenya Pipeline Company (KPC) as part of a plan to expand shared ownership of regional fuel infrastructure.
Nigeria’s Auditor-General flags $42mn in financial irregularities at NNPCL
Nigeria’s Office of the Auditor-General for the Federation has identified 28 significant financial irregularities linked to the Nigerian National Petroleum Company Limited (NNPCL), involving disputed payments and unverified expenditures.
Chevron plans to invest $100mn to explore gas in Egypt’s Dabaa offshore block
US energy major Chevron is considering acquiring an exploration concession in the West Dabaa area of Egypt’s Mediterranean waters. The company will invest $100mn.
Egypt establishes LNG liquefaction and bunkering facility in Port Said
Egypt’s Ministry of Petroleum and the Suez Canal Authority (SCA) have signed a memorandum of understanding (MoU) to establish a liquefaction and LNG bunkering station in the Raswa area of Port Said
Tensions threaten Israel-Egypt gas deal
A landmark natural gas agreement between Israel and Egypt, valued at $35bn, faces imminent collapse amid escalating geopolitical friction
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