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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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Belgium's EXMAR to lease out FSRU to Côte d’Ivoire for 10 years
Belgium’s EXMAR has signed agreements to provide a floating storage and regasification unit to Côte d’Ivoire under a 10-year lease expected to generate around $21.3mn in annual EBITDA.
Armed group shuts pipeline from Libya’s Sharara oilfield
An armed group has shut a valve on a pipeline linking Libya’s major Sharara oilfield to the Zawiya export port, causing production rates to fall
Egypt plans $1.36bn strategic crude stockpile with Libya, Iraq supplies
The Egyptian government is currently planning to build a strategic crude oil stockpile of around 16mn barrels through new supply agreements with Libya and Iraq
Chevron, TotalEnergies back Namibia oil-contract negotiation training
Chevron (NYSE: CVX) and TotalEnergies (Paris: TTE, LSE: TTE, NYSE: TTE) have supported training to strengthen the Namibian government’s capacity to negotiate and administer international oil and gas agreements as offshore exploration intensifies.
South Africa’s PetroSA contests $37mn liquidation application over disputed fuel debt
South Africa’s state-owned oil company PetroSA is opposing an application by fuel trader Nako Energy to place it under provisional liquidation over a disputed ZAR605.5mn ($37.2mn) claim, saying it has a substantive defence and remains operational.
Uganda’s nearly built $5.6bn EACOP will open a route to oil markets, but a wider East African payoff remains uncertain
The East African Crude Oil Pipeline (EACOP) is nearing completion, opening a Ugandan crude-export route through Tanzania. But questions remain over financing, fuel security and wider economic gains.
Indonesia’s Pertamina eyes Nigeria’s 2026 oil licensing round as investment talks open
Pertamina is seeking producing and near-production oil assets abroad, VP for upstream business development Toriq Abdat said following talks with Nigeria’s upstream regulator.
Senegal and Zimbabwe test energy sovereignty against financing constraints
Senegal wants to use oil and gas revenues to reduce power costs, expand electricity access and support domestic industry, while Zimbabwe seeks investment in generation and grid upgrades.
Uganda expects first oil revenues to ease borrowing, bolster forex reserves
Uganda expects about UGX1.5 trillion ($388mn) in initial oil revenue in FY2026/27 as Kingfisher, Tilenga fields move towards first production and exports via the East African Crude Oil Pipeline (EACOP).
Tinubu urges Nigerian states to accelerate CNG, electric transport rollout, amid drive to cut fares
Nigerian President Bola Tinubu has urged the country's 36 state governments to accelerate compressed natural gas (CNG) and electric transport programmes
Ghana prepares exploratory well in Voltaian Basin, eyes fresh commercial oil and gas investment
Ghana is preparing to drill a key exploratory well in the Voltaian Basin, a step that could help determine whether the country’s largest sedimentary basin can attract commercial oil and gas investment.
Tanzania, Uganda revive Tanga refinery plan as EACOP nears completion
Tanzania and Uganda have revived plans for a major crude oil refinery in Tanga, tied to the EACOP corridor and a broader energy hub that officials say could attract more than $20bn in investment.
Nigeria regulator sets October 31 deadline for PPL compliance reports
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has asked holders of non-performing petroleum prospecting licences (PPLs) to report their compliance status by October 31, 2026
Dangote plans $3.5bn-plus Namibia-Botswana-South Africa fuel pipeline
Dangote said the project would form part of a wider network of pipelines across Africa that could eventually total almost 4,000 km.
Gabon, Nigeria's Oilserv sign hydrocarbon blocks and gas infrastructure deal
The Agreement Protocol covers the DEF-3 and D4-5 blocks and provides for the development and implementation of gas transport, compression and treatment infrastructure.
Nigeria’s Oando energy group wins approval to pursue overseas listings amid $1.5bn funding plan
Nigeria’s integrated oil and gas group Oando has won shareholder approval to pursue additional overseas listings as it works to strengthen its capital structure and advance a planned $1.5bn funding programme.
Senegal accelerates gas-to-power strategy to cut electricity costs, fuel imports
Senegal is accelerating its gas-to-power strategy, using offshore gas, new pipelines and gas-fired generation to replace imported fuel oil and cut electricity costs and subsidy exposure.
TotalEnergies agrees $1.8bn GIP partnership tied to African infrastructure assets
TotalEnergies agreed the partnership with BlackRock’s Global Infrastructure Partners covering interests in African oil and gas infrastructure, with payments linked to throughput for up to 15 years.
Egypt’s EGPC reports 63 oil and gas discoveries in FY 2025/26, upstream investment hits $4.5bn
The Egyptian General Petroleum Corporation (EGPC) recorded 63 new oil and gas discoveries during FY 2025/26, comprising 48 oil finds and 15 gas discoveries, as refinery utilisation exceeded 80% and exploration expanded in the Western Desert.
Indonesia deepens Africa energy push with Nigeria and Angola talks to secure crude supplies
PT Pertamina (Persero) of Indonesia is pursuing direct crude supplies and energy investments in Nigeria and Angola as it explores upstream assets, refinery participation and a wider African expansion.
Nigeria's $1.6bn Dangote refinery IPO overwhelms fintech platforms as retail investors rush in
Nigeria’s $1.6bn Dangote refinery IPO has overwhelmed investment platforms as retail demand surges, while broker valuations highlight risks around margins, crude supply and a planned $14.3bn expansion.
Nigeria targets October launch for 2026 oil, gas licensing round as output drive accelerates
Nigeria plans to launch its 2026 upstream licensing round in October as regulators accelerate acreage auctions, tighten bidder requirements and seek higher, NUPRC chief says
Mozambique approves financing structure for Coral Norte LNG project
Mozambique has approved financing of up to $7.2bn for the Coral Norte liquefied natural gas (LNG) project in Area 4 of the Rovuma Basin, including arrangements enabling state-owned Empresa Nacional de Hidrocarbonetos (ENH) to fund its participation.
Uganda’s Museveni to break ground on $310mn Kampala fuel storage terminal
Ugandan President Yoweri Museveni has presided over the groundbreaking of the Kampala Storage Terminal (KST), a $310mn petroleum storage facility being developed about 26 kilometres west of Kampala.
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