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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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Nigeria’s gross crude oil sales estimated at $38.2bn in 2025
Nigeria generated an estimated NGN55.5 trillion ($38.2bn) in gross crude oil sales in 2025, based on official production data from the NUPRC and price benchmarks from the CBN.
Nigeria’s Aradel Energy secures $250mn facility to expand ND Western stake
Aradel Energy has secured a $250mn strategic financing facility from Standard Bank to expand its stake in ND Western Limited and strengthen its position in Nigeria’s upstream oil sector.
Nigeria’s NUPRC cuts signature bonus to attract investors in 2025 oil block licensing round
Nigeria has opened bidding for 50 oil and gas blocks under its 2025 licensing round, cutting the signature bonus to between $3mn and $7mn in an effort to attract credible investors
Canadian oil and gas explorer Sintana Energy plans to expand in Namibia’s Walvis Basin
Canadian oil and gas explorer Sintana Energy (TSXV/AIM:SEI, OTCQX:SEUSF) has entered into a Letter of Intent with Namibia-based Paragon Oil & Gas to assess a potential investment in PEL 37 in the Walvis Basin, offshore Namibia.
Egypt to tender for 930,000 tonnes of fuel imports for February delivery
Egypt’s General Petroleum Authority (EGPA) is set to launch an international tender to import about 930,000 tonnes of petroleum products for delivery in February 2026
Angola's Sonangol secures $1.75bn Afreximbank loan to strengthen its capex needs
The African Export-Import Bank (Afreximbank) has extended a $1.75bn loan to Sonangol, Angola’s national oil company, it said on January 28.
TotalEnergies restarts $20bn Mozambique LNG project after security gains
TotalEnergies has lifted force majeure and restarted its $20bn Mozambique LNG project in Cabo Delgado, with first gas targeted for 2029 as improved security allows construction to resume.
Nigeria's Oranto Petroleum says licence revocation by Senegalese government was unjustified
The Ministry of Energy and Petroleum of Senegal has formally withdrawn the licence for the Cayar Offshore Shallow block held by a privately owned Nigerian oil and gas exploration and production company Oranto Petroleum.
Chevron and NNPCL target 146,000 bpd from Nigerian offshore discovery
Chevron Nigeria and Nigerian National Petroleum Company Ltd (NNPCL) plan to increase crude oil output by up to 146,000 barrels per day following the successful completion of the Awodi-07 well.
Shell, Petrobras complete Falcão-1 well with no commercial hydrocarbon discovery offshore São Tomé and Príncipe
Brazil-based state-controlled integrated energy company Petrobras and UK oil and gas major Shell have completed drilling of the Falcão‑1 well in São Tomé and Príncipe.
Zimbabwe-focused Invictus Energy scraps proposed deal with Qatar's Al Mansour Holdings
The share price of Invictus Energy Ltd (ASX: IVZ, OTCQB: IVCTF, VFEX: INV) plunged by up to 60% on January 27 after it terminated an agreement with a Qatari firm, Al Mansour Holdings (AMH), to jointly develop a gas project in Zimbabwe.
Nigeria’s Pipeline Infrastructure firm aligns with government to support 2.5mn bpd oil output target
Pipeline Infrastructure Nigeria Ltd has pledged closer coordination with NNPCL, security agencies and Bayelsa host communities to protect the Trans-Niger Pipeline, a key step towards Nigeria’s goal of raising crude oil production to 2.5mn bpd.
Egyptian Enppi and Petrojet plan to form engineering venture with French Technip Energies
Egyptian state-owned engineering and oil services firms Enppi and Petrojet plan to establish a new joint venture with France’s energy firm Technip Energies to compete for large-scale projects
Libya sees Turkey as key partner in energy push, targets 2mn bpd output
Libyan oil minister Khalifa Abdulsadek said Turkey could play a pivotal role in developing the oil and gas industry in his country with its technical expertise and offshore fleet.
Namibian president seeks legal opinion over 2025 extension of exploration permit
Namibia is reviewing the circumstances surrounding the extension of an exploration licence that is held by a local firm, Paragon Oil and Gas (Paragon).
Tunisia’s natural gas output falls 12.2% y/y in January-October 2025
Tunisia’s natural gas production declined sharply during the first ten months of 2025, intensifying the country’s dependence on imports to meet rising domestic demand
Tanzania to sign $42bn LNG deal by June, minister says
Tanzania expects to sign a $42bn LNG development agreement with partners including Equinor, Shell and Exxon Mobil before June, unlocking over 47trn cubic feet of gas and positioning the country as a future East African LNG export hub.
Pan-African legal firm CLG enters Libyan energy and investment market
Pan-African law and advisory firm CLG has signed a collaboration agreement with Libya’s Zahaf & Partners, marking its entry into the Libyan energy market.
UK opens bribery trial against former Nigerian oil minister Alison-Madueke
The United Kingdom has opened a bribery trial against former Nigerian petroleum minister Diezani Alison-Madueke, accused of accepting cash and luxury benefits in exchange for awarding oil and gas contracts
Cuba turns to African fuel shipments as Venezuelan oil supplies fade
Cuba has begun sourcing fuel from Africa as traditional oil supplies from Venezuela decline sharply, deepening pressure on the island’s power system, according to satellite-tracking data
Algeria and Niger discuss progress of $13bn Trans-Saharan Gas Pipeline
Algeria and Niger have held high-level talks to revive previously agreed cooperation in the hydrocarbons sector, including the strategic $13bn Trans-Saharan Gas Pipeline (TSGP) project
Azerbaijan's SOCAR strikes deal to take 10% stake in Ivory Coast project from Eni
Italy’s Eni signed last week a binding agreement to sell a 10% stake in its Baleine offshore project in Ivory Coast to Azerbaijan’s state oil company SOCAR.
Mozambique government clears TotalEnergies of alleged human rights violations at its $20bn LNG project
Mozambique's human rights commission has said that an investigation it is undertaking on alleged human rights abuses at a site where TotalEnergies is building a $20bn gas project has found no evidence of violations.
AEC calls for balance in developing Africa’s gas for domestic growth and global supply
The AEC’s State of African Energy 2026 Outlook report explores how Africa can realise value from its underdeveloped gas resources by striking a balance between LNG exports and domestic demand for power generation and industrial use.
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