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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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Ghana refinery revival gains momentum with one million-barrel crude shipment
Ghana’s Tema Oil Refinery (TOR) has received about one million barrels of Bonga crude oil as it steps up efforts to revive domestic refining capacity and strengthen energy security.
Dangote refinery could save Nigeria $11.2bn annually in fuel imports
Nigeria could save more than $11.2bn annually in petrol import costs and attract up to $11bn in foreign exchange inflows if the Dangote Petroleum Refinery is fully integrated into the country’s fuel supply chain
Namibia's Nictus invests $6mn in coastal towns as offshore oil pulls more business to Atlantic Ocean edge
Ghana’s China power model offers Africa blueprint for smarter energy deals
African countries could secure better outcomes from Chinese-backed power projects by studying how Ghana negotiated, financed, and supervised major energy infrastructure over the past decade, a new report says.
Botala Energy completes drilling first production well at CBM project in Botswana
Botala Energy (ASX/BSE: BTE) said on May 28 that its main commercial production well at its Serowe Coal Bed Methane (CBM) project in Botswana has reached total depth (TD).
Kenyan president Ruto appoints new petroleum secretary after fuel-sector controversy
Kenya President William Ruto has appointed Kello Harsama as Petroleum Principal Secretary following the resignation of senior energy sector officials amid allegations linked to fuel stock data and emergency fuel import arrangements.
Ammat Global Resources promotes Congolese-led operations as model for stronger upstream performance
Ammat Global Resources, an independent hydrocarbon producer based in the Republic of Congo, has created a competitive operating model, showing that localisation can strengthen upstream performance while supporting ESG goals.
Mozambique study finds $2bn discrepancy on investment TotalEnergies claims on gas project
Independent audit commissioned by Mozambique’s government to assess expenses that TotalEnergies (Paris/LSE/NYSE: TTE) incurred at its project in the country between 2021 and January 2026 has found a $2bn discrepancy.
Zimbabwe, Australian junior Invictus Energy ink production sharing deal for gas project
Australian gas explorer and developer Invictus Energy (ASX: IVZ, VFEX: INV) (Invictus) signed a petroleum production sharing agreement (PPSA) with Zimbabwe on May 27.
AEC presents African Energy Person of Year 2026 award to Nigeria’s Aliko Dangote
The African Energy Chamber (AEC) has presented the “African Energy Person of the Year” award to Nigerian businessman and industrialist Aliko Dangote, the founder, president and CEO of the Dangote Group.
Malabu faction sues Nigerian government over OPL 245 split
A faction of Malabu Oil & Gas Ltd has filed a NGN1 trillion ($727.84mn) suit against the Nigerian government, challenging the restructuring of the disputed OPL 245 oil block and alleging unlawful interference with its interests.
Tanzanian conglomerate Amsons Group nears $250mn Oryx Energies takeover in East Africa energy shift
A Tanzanian conglomerate, Amsons Group, is nearing a $250mn acquisition of Swiss-based Oryx Energies in a deal that would shift control of key fuel storage and distribution assets across East and Central Africa
Meren backs Impact Oil & Gas Namibia-focused Orange Basin overhaul
Meren Energy (TSX:MER) has backed a restructuring at Impact Oil & Gas that will separate South African exploration assets from its Namibian portfolio, sharpening the company’s focus on the Venus discovery offshore.
Nigeria's Niger State seeks Dangote investment in Bida Basin oil exploration
Nigeria's Niger State is inviting Dangote Group and other private investors to participate in crude oil exploration in the Bida Basin as it steps up efforts to attract industrial and energy investments.
Eni approves Baleine Phase 3 FID to lift Côte d’Ivoire oil output
(BIT:ENI) and partners PETROCI and Vitol have approved the Baleine Phase 3 offshore expansion in Côte d’Ivoire, a project set to raise oil production to 150,000 bpd and gas output to 200mn cubic feet per day (mmcfd)
Malawi electricity generation capacity falls by 105 MW amid forex, diesel shortages
Foreign currency and diesel shortages and frequent breakdowns at some of Malawi’s power plants have removed up to 105 megawatts (MW) from the national grid, Nyasa Times reported on May 24.
QatarEnergy signs MoU on exporting Cypriot gas via Egypt
The agreement announced on May 21 will examine how future gas production from offshore Cyprus could be integrated with Egypt’s domestic gas network and LNG facilities.
IEA chief warns of oil markets entering "red zone" by July-August
Global oil markets could enter the “red zone” by July-August if additional Middle Eastern export supplies fail to materialise and inventories continue falling during the peak summer demand season.
Ghana bets on oil rebound after years of declining crude output
Ghana expects its petroleum sector to return to growth this year after five consecutive years of declining crude production, Energy Minister John Jinapor said.
Nigeria's Dangote and Ethiopia plan new oil and gas pipelines through Djibouti
Nigeria's Dangote Group is deepening its expansion into East Africa after submitting plans alongside Ethiopian Investment Holdings to develop a network of refined products, crude oil and natural gas pipelines linking Ethiopia to Djibouti.
Nigeria’s NNPCL accuses Dangote refinery of seeking fuel market monopoly in import licence dispute
Nigeria’s state oil company has accused Dangote Petroleum Refinery of attempting to dominate the country’s fuel market through a lawsuit challenging import licences granted to rival fuel marketers, deepening tensions over competition and supply.
Egypt’s Agiba Petroleum announces major gas discovery in Western Desert
Egyptian upstream oil and gas operating company Agiba Petroleum has announced a new natural gas discovery in the Western Desert with estimated reserves of 330bn cubic feet of gas, alongside around 10mn barrels of condensates and crude oil
AEC to promote African energy opportunities at ARPEL Conference in Buenos Aires
The African Energy Chamber will use the upcoming ARPEL Conference in Buenos Aires to promote Africa as a major destination for South American energy investment and cooperation.
ReconAfrica advances production testing at Namibian discovery well Kavango West 1X
Downhole testing at the onshore Kavango West 1X (KW1X) find at petroleum exploration licence (PEL) 073 in the southwestern African nation is set to begin before the end of May.
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