oil_drop.jpg
Looking for more AfrOil articles? Or would you like to find out more about the publication? Keep reading.
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.
AfrOil is fully digital publication and can be read via PDF, PageSuite or via our NewsBase App.
Want to try it out?
The majority of our premium content is ONLY available to our subscribers.
If you would like to try AfrOil we can offer you a, no obligation, free trial, giving you a chance to get to know the publication and get hooked on the quality content. No credit card required. Simply fill in the form at the bottom of this page and we will send you your first copy of AfrOil
Need more convincing?
- Check out our client testimonial
- Find out more about subscribing to AfrOil
- Read a recent issue cover to cover (click the image below)
Nigerian president advances oil bill placing NNPCL under control of Finance Ministry, upstream regulator
President Bola Tinubu has endorsed a bill that would undermine the "independence" of NNPCL, shifting ownership to the Finance Ministry and handing new powers to upstream regulator NUPRC.
Libya takes urgent steps to stabilise electricity supply amid fuel challenges
Libyan authorities are currently working to address the ongoing electricity crisis to secure supply for citizens and prevent power outages.
Iraq’s SOMO eyes Africa and Latin America as new destinations for oil exports
Iraq is working to diversify its crude export markets and increase investment in liquefied petroleum gas (LPG) infrastructure
Equatorial Guinea seeks upstream investors with launch of new licensing round at AEW2025
Equatorial Guinea will officially launch the new oil and gas licensing round at the African Energy Week: Invest in African Energy conference as part of its efforts to revitalise the upstream sector.
Brazil’s Petrobras takes stake in São Tomé offshore block
Brazil’s Petrobras said, in a press release, it has acquired a 27.5% stake in Block 4 offshore São Tomé and Príncipe, strengthening its exploration portfolio in Africa.
Nigeria LNG deploys AI to boost domestic gas supply and exports
NLNG is turning to artificial intelligence to cut costs, boost safety and strengthen gas supply in Nigeria and abroad as part of a push to stay competitive.
Africa’s LNG expansion in focus at African Energy Week 2025
Africa is gearing up to advance its various large-scale liquefied natural gas (LNG) developments. Mozambique is emerging as a key LNG exporter, with ExxonMobil leading the onshore 18mn tpy Rovuma LNG project in Area 4.
Algerian President reshuffles cabinet, splits energy ministry (Hydrocarbons & Mines, Energy & Renewables)
President Abdelmadjid Tebboune announced that the 'Energy, Mines and Renewable Energies' ministry is being replaced by two new ministries: 'Hydrocarbons and Mines' and 'Energy and Renewable Energies'.
Egypt signs oil and gas exploration deals with Dragon Oil, Perenco and Apache worth over $121mn
Egypt said the three deals cover Offshore North Sinai, East El-Hamd (Gulf of Suez), and an integrated Western Desert area, committing more than $121m to exploration work and signing bonuses.
Nigeria halves crude oil losses in Jan–Jul 2025, says upstream regulator
Nigeria cut crude oil losses by more than half in the first seven months of 2025, according to data from the upstream regulator, marking the lowest level of losses since 2009.
Aminex reaches major milestone in Tanzania’s largest onshore gas development - Interview
Aminex has entered the construction phase of the Ntorya Project, Tanzania’s largest onshore gas development, marking a key milestone for the company and the East African country’s energy strategy.
Oil majors face $4.4bn in liabilities under Nigeria's tightened decommissioning rules, says NUPRC chief
Nigeria’s upstream regulator has cleared 94 oilfield decommissioning plans worth $4.42bn since April 2023, arising from all FDPs submitted in that period, the NUPRC chief said, underscoring tightened rules to safeguard state finances.
Egypt set to receive 48 LNG cargoes worth $2.7bn in Q4 2025
Algeria’s Sonatrach, NOC Kenya sign draft deal on oil E&P, LPG imports
Kenya’s NOC and Algeria’s state-owned energy giant Sonatrach have agreed to collaborate across the petroleum value chain, including upstream exploration and production, LPG imports, storage, distribution and trading.
South African energy regulator approves Sasol Gas maximum gas price adjustment for Q2 FY2025/26
The National Energy Regulator of South Africa in a statement on September 9 said it had considered and noted Sasol Gas Limited’s adjustment of its maximum gas price for the Q2 of FY 2025/26.
Algeria's Sonatrach weighs potential cooperation with Tanzania in upstream oil & gas sector
Tanzania has held talks with Algeria’s state-owned oil and gas firm Sonatrach to explore upstream cooperation, knowledge transfer and potential investment in upcoming exploration blocks.
BP signs deal with Egypt to explore five wells in Mediterranean Sea
The Egyptian Natural Gas Holding Company (EGAS) signed a memorandum of understanding (MoU) with energy supermajor BP to explore five new wells in the Mediterranean Sea at depths ranging from 300 to 1,500 metres.
Canadian oil firm ReconAfrica ventures into Gabon after signing JV deal with Toronto-listed Record Resources
Reconnaissance Energy Africa (ReconAfrica), which has advanced oil exploration projects in southern Africa, has expanded into Gabon in West Africa after it signed a production sharing contract (PSC) with Canadian peer Record Resources (Record).
Panoro Energy taps ex-Perenco executive Eric d’Argentré as COO, president amid H1 output gains
Africa-focused E&P firm Panoro has assets in Equatorial Guinea, Gabon, Tunisia, and South Africa. Eric D’Argentré has managed operations in Cameroon, the UK, Colombia, Ecuador, Turkey and Gabon.
APPO to announce launch date for Africa Energy Bank at next ministerial meeting
The African Petroleum Producers Organisation (APPO) will announce the launch date for the Africa Energy Bank (AEB) at the next ministerial meeting.
Angola to launch licensing round in Q4 as oil output dips below 1mn bpd
Angola will launch its final oil licensing round in Q4 2025, offering Kwanza and Benguela acreage to counter falling output, alongside reforms and a $5bn Azule investment.
Egypt can secure alternative gas supplies if Israel blocks $35bn deal, rules out Gaza concessions
Egypt can mitigate risks to its gas supply if Israeli PM Benjamin Netanyahu follows through on his alleged threat to block the $35bn export deal to pressure Cairo on Palestine stance
Uganda close to signing FEED contracts for $4b Hoima oil refinery project with Alpha MBM
Uganda’s UNOC is close to finalising a deal with Alpha MBM of the UAE on the planned refinery, targeting 60,000 bpd output to cut fuel imports and boost energy security.
Congo signs $23bn deal with China’s Wing Wah for integrated onshore oil and gas development
The Republic of the Congo has signed a $23bn hydrocarbon agreement with Chinese oil and gas company Wing Wah, for the integrated development of the onshore Banga Kayo, Holmoni and Cayo permits.
Sonangol targets 100 EV charging stations by 2028 as part of Angola’s energy transition
Angola’s state-owned oil company Sonangol plans to install more than 100 electric vehicle charging points (EVCPs) nationwide by 2028 in a move that underscores its effort to diversify energy sources.
Follow us online