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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.
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TNP, Forcados restarts bring Nigerian oil output up to 1.6mn bpd
Nigeria has reportedly boosted oil production to 1.6mn bpd due to the re-opening of the Forcados terminal and the partial resumption of shipments through the Trans-Niger Pipeline (TNP).
Mozambique’s first LNG cargo arrives in Bilbao
The first cargo of LNG exported from Mozambique was delivered to the Spanish port of Bilbao on December 7.
Zimbabwe set for financial windfall if commercial gas discovery is monetised, Invictus exploration partner says
Italian PM Meloni outlines new ambitious plan for Africa
The Italian PM Giorgia Meloni revealed her government’s new policy towards Africa, speaking at a conference in Rome. The plan will be named after and inspired by historical oil entrepreneur Enrico Mattei, who promoted fair policies for Africa.
Russian oil cap but OPEC+ keeps to its policy
The world's biggest oil producers
The United States is by far the world’s biggest producer of oil, having produced around 16.6mn barrels of oil on average per day in 2021, Statista reports.
Nigeria’s Supreme Court says Shell, NNPCL can appeal against 2020 judgment on Rivers oil spill
The Supreme Court of Nigeria has said that two shareholders in Shell Petroleum Development (SPDC) may appeal against a judgment that requires the joint venture to pay compensation for spills at its facilities in Rivers State.
South Korea’s HSHI begins building new Suezmax tanker for Sonangol
Hyundai Samho Heavy Industries (HSHI) of South Korea has begun building a new Suezmax-size oil tanker for Sonangol, the national oil company of Angola.
BW Energy preparing for 3D seismic study of Kudu gas field
BW Energy (Norway) says it will conduct a 3D seismic survey of the Kudu natural gas field offshore Namibia in order to identify additional exploration targets and attract a new investment partner.
United Oil and Gas spuds the ASW-1X exploration well in the Abu Sennan licence in onshore Egypt
Libya lifts force majeure on oil and gas exploration operations
DMEA: Kenyan insurer exits Ugandan oil pipeline consortium
Nairobi-listed Britam Holdings has withdrawn from a consortium of East African insurers providing coverage for the EACOP pipeline, saying the project does not meet its backers’ standards.
AfrOil: ExxonMobil reportedly preparing to exit Equatorial Guinea
ExxonMobil has reportedly started ramping down oil production at Block B, located offshore Equatorial Guinea, and aims to exit the country once its licence for the site expires in 2026.
Sasol, South Africa’s largest greenhouse gas emitter, calls for patience while working towards decarbonisation
Woodside says Sangomar FPSO is completed
Woodside Energy has finished the construction of the FPSO vessel that will be used to support the first stage of development work at the Sangomar oil block offshore Senegal.
Eni’s proposal for another FLNG offshore Mozambique
Eni's suggestion for a new FLNG offshore Mozambique appears to be aimed at jump-starting Rovuma LNG in order to take advantage of soaring demand for gas in Europe.
London-listed Contango Holdings moves to begin thermal coal exports from Zimbabwean asset in 2023
South African synthetic fuels maker Sasol's half-year performance to December marred by flooding, poor coal quality
OPEC output drops in November after cut pledged
Angola issues arrest warrant for ex-Sonangol head Isabel Dos Santos over alleged corruption
Kenyan insurer withdraws from EACOP consortium, citing concerns about IFC criteria
Nairobi-listed Britam Holdings has withdrawn from a consortium of East African insurers providing coverage for the EACOP oil pipeline and related upstream projects.
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