AfrOil - Africa Oil & Gas

Category
Oil & Gas

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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.

 AfrOil is fully digital publication and can be read via PDF, PageSuite or via our NewsBase App.

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Azerbaijan and Somalia agree to boost cooperation in oil and gas exploration

27 February 2025

Azerbaijan and Somalia have signed a Memorandum of Understanding (MoU) on oil and gas cooperation, marking a step towards closer energy ties.

Oil and gas explorer Custos Energy announces discoveries at Mopane-3X in PEL 83 offshore Namibia

26 February 2025

Namibian independent oil and gas explorer Custos Energy has released an update on the second exploration and appraisal campaign on blocks 2813A and 2814B located in Namibia’s highly prospective Orange Basin.

Afreximbank to drive $1bn oil service financing in Guyana

26 February 2025

Afreximbank has announced plans to establish a $1bn oil service financing facility in Guyana, aiming to boost local participation in the country's rapidly expanding oil sector.

Shipping companies fight against biofuel regulations

26 February 2025

Offshore Energy reported this week that numerous shipping companies had called on the International Maritime Organization to remove “unsustainable” biofuels from its list of alternative fuel sources.

Global LNG demand to surge 60% by 2040 on Asian economic growth

25 February 2025

Global demand for LNG is expected to rise by around 60% by 2040, driven by economic growth in Asia, emissions reductions in heavy industry and transport and the increasing energy requirements of AI.

Nigerian LNG producer to compensate Vitol and Glencore $380mn

25 February 2025

Nigeria LNG has been ordered by a London court to pay $380mn in compensation to energy and commodity traders Glencore and Vitol for failure to deliver 19 ordered cargoes.

Cyprus sees progress in development of offshore gas resources

25 February 2025

In recent weeks several agreements and understandings have been reached between the Republic of Cyprus and the parties involved in the development of its offshore gas fields.

INTERVIEW: Integrating AI with data and experience

24 February 2025

AI is rapidly gaining traction in the oil, gas, and renewable energy sectors, as companies seek cost reductions, emissions control and safety improvements.

Oil is a major source of income for eight African countries – OWID

24 February 2025

Oil production plays an important role in the economy of many African countries. The chart shows oil rents as a percentage of gross domestic product (GDP) for the nine African nations most reliant on it, Our World in Data reports.

African Energy Chamber to discuss opportunities for Chinese firms at Shanghai energy investor forum

24 February 2025

The Invest in African Energies forum is part of a series of global events, organised by the AEC, to explore new opportunities for Chinese companies in Africa,

MEC calls for increased role of Mozambican firms in oil and gas sector development

20 February 2025

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.

Edited by

Jennifer deLay

Editor

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