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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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Shell signs survey deal to assess Sierra Leone’s offshore oil potential
Sierra Leone has signed a reconnaissance agreement with Shell plc (LSE: SHEL) to conduct geological and geophysical surveys across 20,600 sq km of offshore acreage, in a move aimed at improving understanding of its deepwater hydrocarbon resources
Angola projects $3.5bn revenue jump in 2026 due to rising oil prices
Angola’s government expects its revenues to grow by 3.2 trillion kwanza (about $3.5bn) this year due to the increase in the price of oil,
Nigeria and oil firms pocket $4bn as crude jumps on Iran conflict
Nigeria and oil producers operating in the country have gained an estimated $4bn in additional earnings as crude prices surged during a prolonged United States-Israel-Iran confrontation
Nigeria’s NNPCL crude deliveries to Dangote refinery rise above 1.03mn tonnes in April
The Nigerian National Petroleum Company Limited (NNPCL) increased crude shipments to the Dangote refinery in April, delivering more than 1.03mn tonnes across eight cargoes, although volumes remain below the level required for full capacity operations
Nigeria’s Dangote expands upstream operations as global oil supply tightens
Dangote Group has accelerated crude oil production from its Niger Delta assets, as global supply disruptions push prices higher and strain refining operations
Egypt set to boost Israeli gas imports by 21% in May
The Egyptian Ministry of Petroleum and Mineral Resources is expecting a 21% increase in the country’s imports of Israeli natural gas, raising volumes to around 1.15bn cubic feet per day by May 2026
ZEN Petroleum lists on Ghana bourse, boosting investor access to energy sector
ZEN Petroleum Holdings PLC has begun trading on the Ghana Stock Exchange, listing 640mn ordinary shares after raising $57.6mn in a book-building exercise.
Nigeria loses 38% of gas output to field use and flaring
GasEntec wins Senegal LNG terminal deal
A new LNG import terminal in Dakar is set to supply Senegal’s largest power plant and a wider group of industrial users after GasEntec secured a contract to deliver core regasification infrastructure with local partner ELTON Logistics & Services
Nigeria’s Dangote refinery to expand downstream petchem portfolio with major LAB facility
Honeywell will provide process technologies and catalysts for both Dangote's Linear Alkylbenzene (LAB) unit and a 750,000tpy propylene production facility.
Nigeria petrol imports fall 85% as Dangote refinery boosts domestic supply
Nigeria’s petrol imports have fallen by 85.14% over six months as the Dangote Refinery increased domestic supply to more than half of national demand, marking a shift in the country’s fuel market
Ghana’s oil storage company warns of $3.6mn monthly revenue hit amid Middle East tensions
Ghana’s state-owned Bulk Oil Storage and Transportation Company (BOST) says it could lose up to GHS40mn ($3.6mn) in monthly revenue after the government reduced its diesel margin to ease fuel costs driven by Middle East tensions.
Oil price divergence in a time of crisis
Knowledge Katti’s pioneering vision helps shape Namibia’s rise as leading oil and gas frontier
As Namibia advances its hydrocarbon sector development towards first oil following recent large-scale offshore discoveries in the Orange Basin, it remains focused on foundations laid by local entrepreneurs over the past two decades.
BP faces Kenya lawsuit as legacy pollution claims resurface
BP (LSE:BP) is facing a lawsuit in Kenya over alleged toxic waste contamination linked to legacy oil exploration activities, as a court allows claims of environmental damage and deaths to proceed to full hearing.
Nigeria exported over 55mn barrels in January-February while domestics refiners faced crude shortage
Nigeria exported 55mn barrels of crude in early 2026 despite persistent supply shortages at the Dangote and other refineries, highlighting tensions between export flows and domestic refining needs under the country’s oil allocation framework.
Egypt targets output boost from Western Desert drilling projects
The Egyptian government is accelerating efforts to raise domestic oil and gas production, with the Ministry of Petroleum and Mineral Resources expecting to complete drilling of the North Lotus Deep 2 well in the Western Desert before the end of May
Algeria launches new hydrocarbon licensing round
The Algerian government has launched a new international tender for hydrocarbon exploration licences to boost foreign investment and expand its energy output
Egypt plans to repay $600mn in dues for international oil firms by May
The Egyptian Ministry of Petroleum and Mineral Resources plans to repay around $600mn owed to international oil and gas companies operating in the country before the end of May
Rwanda warns of troop withdrawal from Mozambique amid EU funding uncertainty
Rwanda has warned it could withdraw troops from Mozambique’s Cabo Delgado province if funding from the European Union is not sustained, raising concerns over the security of LNG projects.
ReconAfrica targets June testing at Namibia discovery as multi-basin strategy expands
Reconnaissance Energy Africa Ltd (TSX-V:RECO)is advancing production testing at its Kavango West 1X discovery in Namibia, with results due by June that could support a development decision, while expanding exploration activity.
Nigerian airlines warn of shutdown as jet fuel costs spike
Nigeria’s domestic airlines have warned they may suspend operations from April 20, citing surging Jet A1 fuel prices and what they describe as unfair practices by fuel suppliers that have made flights commercially unviable
Nigeria’s Seplat becomes first business to close above NGN10,000 a share
Seplat Energy (NGX: SEPLAT) has become the first stock in the Nigerian Exchange’s 65-year history to close above NGN10,000 ($7.79) a share, following a sharp re-rating tied to local billionaire Tony Elumelu’s entry through Heirs Energies.
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