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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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Technip Energies contracted to design proposed ExxonMobil-led LNG project in Mozambique
South Sudan targets oil revival to fund fiscal year 2025 $1.6bn budget
South Sudan targets the revival of crude oil production to fund its $1.6bn budget for the fiscal year ending June 2025, with plans to recover 70% of projected oil revenue once Dar blend crude production resumes.
Dangote Group to double urea production and expand chemical portfolio
Nigeria has emerged as a major exporter of urea, with over 3mn kilograms exported in 2023, generating more than $1bn from countries such as Brazil, the US and South Africa.
DR Congo constructs new oil terminal at Goma
The Democratic Republic of Congo (DRC) is pressing forward with the construction of a new oil terminal in Goma – located on the banks of Lake Kivu – in a bid to improve fuel supply in its Eastern region.
IPMAN meets with Dangote Refinery to discuss fuel purchases
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has revealed that it will be discussing the purchase of petrol with 650,000 barrels per day (bpd) Dangote Refinery this week.
Angola plans for 31% increase in LPG demand
Angolan state-owned gas company Sonagas has announced that it expects LPG demand to increase by 31% in the country from 2024 to 2027.
Nigerian army shuts down 13 illegal refineries in Niger Delta
The Nigerian army has reported that it has dismantled 13 illegal refining sites, seized seven boats, located eight illegal connection points and confiscated around 60,000 litres of stolen petroleum products across the Niger Delta.
Chevron's payments to three African oil producers exceeded its US tax, royalty bill in 2023
Libya's crude oil exports drop 60% to 400,000 bpd on central bank crisis
South Africa’s shale gas development plans in Karoo met with scepticism
Energy transition slows as global oil and gas industry refocuses on fossil fuels – report
Egypt plans to raise gas imports from Israel by 20% from October
South Africa's first helium, LNG producer Renergen resumes production after mandatory maintenance
Nigerian court allows Shell, Global Gas to seek out-of-court settlement in $1.3bn asset dispute
TotalEnergies announces pair of LNG deals
French supermajor TotalEnergies has announced a pair of LNG supply deals at the annual Gastech conference held in Houston from September 17-20.
SDX Energy announces two promising gas discoveries in Morocco
SDX Energy has announced new exploration operations in Morocco with two new drilling targets identified, totalling over 3bn cubic feet of gas (bcf), according to a statement from the company on September 18.
Eskom, Sasol sign MoU on exploring LNG potential to mitigate looming gas shortage in South Africa
AfrOil: Russia to build fuel pipeline in oil-rich Congo
Dangote Refinery to deliver 75% of petroleum products via sea routes
Dangote Refinery has announced that it will be transporting 75% of its local petroleum product supply via sea routes instead of road networks due to the high costs associated with transporting products over road and issues with traffic congestion.
SAR, Sedin Engineering to construct new refinery and petchem plant in Senegal
Senegal’s Société Africaine de Raffinage (SAR) has signed a protocol agreement with China National Engineering subsidiary Sedin Engineering for the construction of a new refinery and petrochemical plant in the country.
NNPCL searches for operators to run Port Harcourt refinery
The Nigerian National Petroleum Co. Ltd. (NNPCL) has officially tendered for operators of its 210,000 barrels per day (bpd) Port Harcourt refinery – according to a statement released by the company on September 16.
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