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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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AEC deems Santa Marta fossil fuel conference a threat to Africa’s energy development
The African Energy Chamber (AEC) has voiced its strong opposition to the Transitioning Away from Fossil Fuels conference taking place in Santa Marta, Colombia, this week.
Chevron signs MoU to assess shale oil and gas potential in Libya
Libya's state-run National Oil Corporation (NOC) has signed a memorandum of understanding (MoU) with US energy major Chevron (NYSE:CVX) to conduct a joint study evaluating the North African country’s unconventional energy resources
Botala Energy reports progress at Serowe CBM project in Botswana
Botala Energy (ASX/BSE:BTE) strengthened its cash position and advanced pilot drilling at its Serowe CBM Project in Botswana, positioning the company to supply gas into a Southern African market facing a potential supply shortfall from 2028.
Cameroon awards five offshore blocks in oil and gas licensing round to boost exploration and production
Cameroon’s national oil company SNH has announced results from its 2025 oil and gas licensing round, awarding five of the nine auctioned offshore exploration and production blocks.
Sierra Leone awards offshore oil blocks to Nigeria’s Marginal Energy
Sierra Leone has granted Nigeria-based Marginal Energy Limited rights to explore five offshore blocks as the government seeks to revive investor interest in its upstream sector
UAE withdraws from OPEC following years of frustration
The UAE will officially leave the OPEC alliance in May, driven by mounting frustrations over production quotas that constrained its expanded capacity.
Indian firms announce oil, gas discovery in Libya's Ghadames Basin
Indian energy companies have announced a new oil and gas discovery in Libya’s Ghadames Basin, adding to the country’s overseas energy portfolio amid volatile global crude markets and tensions in West Asia
Nigeria’s NNPCL crude trading hits five-year high under Ojulari
Nigeria's NNPCL said crude oil trading rose to 1.171mn bpd under Group CEO Bashir Bayo Ojulari, marking its highest level in five years, according to its one-year mandate report
Invictus Energy invests $100mn in its Cabora Bassa Gas Project in Zimbabwe over past four years
Invictus Energy Ltd (ASX: IVZ) has spent $100mn on exploration at its gas project in Zimbabwe since 2022.
PwC urges South Africa to invest in Nigerian oil blocks to secure refinery supply
South African investors are being encouraged to acquire stakes in Nigeria’s upstream oil sector to secure long-term crude supply for domestic refineries and reduce reliance on volatile global imports
Angola's Sonangol withdraws from Cuban oil JV, faces $24mn suit from partner Melbana Energy
Angola’s state-owned oil company Sonangol has lost its 70% stake in a Cuban oil block after it failed to invest up to $24mn in the project,
Afreximbank backs new Nigeria refineries to cut fuel imports
The African Export-Import Bank is financing three new refineries in Nigeria as part of efforts to reduce fuel imports, strengthen domestic processing and shield economies from global supply shocks
Tullow secures record $130 a barrel for Ghana oil as Middle East disruption lifts crude
Tullow Oil (LSE/GSE:TLW) secured a record $130/bbl for an April Ghana cargo, significantly above Brent, as Middle East supply disruptions drove demand for West African crude.
Egypt allocates $10.7bn for gas imports in FY 2026/27, up 26% y/y, as global prices grow
Egypt has earmarked around $10.7bn to secure its natural gas and liquefied natural gas (LNG) needs for FY 2026/27, which starts in July 2026, up 26% year-on-year.
South African oil explorer Rhino Resources hires Saipem to drill appraisal well at Namibian discovery
Rhino has hired Saipem (BIT:SPM) to drill an appraisal well in Namibia’s Orange Basin, advancing evaluation of a light oil discovery as global majors BP (LSE:BP), Eni (BIT:ENI), TotalEnergies (EPA:TTE) and Shell (LSE:SHEL) intensify activity.
Sierra Leone awards offshore blocks to Marginal Energy in $225mn exploration push
Sierra Leone has awarded offshore exploration rights worth over $225mn to Marginal Energy, signalling renewed efforts to attract investment into its underexplored deepwater basin.
Nigeria's NUPRC urges local refiners to invest in oil blocks to secure crude supply
Nigeria’s upstream regulator has urged local refiners to invest in oil blocks and secure long-term crude supply agreements to address persistent feedstock shortages and support domestic refining capacity
Kenya fuel import row escalates as One Petroleum defends emergency cargo deal
One Petroleum Limited, a petroleum trading and import company operating in Kenya’s fuel supply market, has defended its role in a disputed emergency fuel shipment, saying it followed official procedures and government instructions
Botswana-focused Tlou Energy reports first revenue from Lesedi gas project
Tlou Energy, which focuses on CBM gas-to-power projects, has begun generating revenue from its Lesedi gas project in Botswana, marking a key shift towards commercialisation.
NIEC weighs Namibia’s bid to build competitive energy supply chain while advancing towards first oil
COMMENT: Iran was the prequel, China is the target
A growing chorus of analysts from Moscow, Beijing and Washington think tanks argues that the US campaign against Iran was really aimed at China's oil supply chain, making Tehran the prequel to a longer confrontation
Tanzanian government says talks on $42bn LNG project to conclude next fiscal year
Tanzania expects to conclude negotiations with investors on its planned $42bn liquefied natural gas project in the next financial year, in a fresh step for one of Africa’s biggest undeveloped gas ventures
GasEntec secures Senegal LNG terminal contract with 2027 start target
South Korea’s GasEntec has signed agreements with ELTON Logistics & Services to supply regasification infrastructure for a new liquefied natural gas (LNG) import terminal in Dakar
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