AfrOil - Africa Oil & Gas

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Oil & Gas

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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.

 AfrOil is fully digital publication and can be read via PDF, PageSuite or via our NewsBase App.

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Nigeria-focused San Leon Energy close to securing new funding following collapse of previous deal

13 March 2024

San Leon Energy, a key player in Nigeria's oil and gas sector, is close to a deal with two potential funding partners

Turkey-Somalia energy pact strengthens bilateral ties amid regional tensions

8 March 2024

Turkey and Somalia inked an energy exploration and drilling pact on March 7, bolstering their ties following a recent defence agreement. The deal aims to tap into Somalia's onshore and offshore hydrocarbon reserves estimated to reach 30bn barrels.

Nigeria launches airstrikes on illegal refineries

7 March 2024

Director, Public Relations and Information, Nigerian Air Force (NAF) Edward Gabkwet said in a statement on March 3 that the NAF had destroyed two illegal refineries as well as some boats in an airstrike conducted March 1.

OPEC+ members roll cuts up until mid-year

6 March 2024

The oil-producing group will maintain its current output quotas for another three months at least despite geopolitical uncertainty continuing to prop up oil prices

Nigeria’s Dangote set to establish oil trading firm amid refinery supply issues

6 March 2024

Nigerian billionaire Aliko Dangote is working to establish a trading firm to manage crude supply for his newly operational 650,000-bpd refinery in Lagos; BP, Trafigura, Vitol and others have offered loans.

Nigerian Navy intercepts Ghanaian-owned boat suspected of stealing crude oil

5 March 2024

The Nigerian Navy, operating under Operation Delta Sanity, has arrested 13 people under suspicion of stealing crude oil.

Canadian oil explorer Eco bullish about its South Africa, Namibia oil prospects

5 March 2024

Eco said in an update that last quarter was marked by "dynamic" activity in its work in the two African nations, as well as Guyana.

Iran, Iraq forge oil and gas partnership at GECF summit

4 March 2024

Iran and Iraq signed a deal to solidify collaboration in the oil and gas sector at the Gas Exporting Countries Forum (GECF) summit in Algeria this week.

Nigeria’s NNPCL to help international companies divest from energy projects

4 March 2024

NNPCL says that it is committed to facilitating efforts by international oil and gas companies (IOCs) to divest from domestic assets, contrary to some media reports.

Shell Egypt signs deal with EGAS for reducing greenhouse gas emissions

3 March 2024

The Egyptian unit of global energy group Shell signed a framework agreement with the Egyptian Natural Gas Holding Company (EGAS) to manage and reduce greenhouse gas emissions from EGAS facilities.

Nigeria pays $120mn owed to gas suppliers

1 March 2024

Nigeria’s Federal Government has made a payment exceeding $120mn to gas suppliers, in a significant step towards stimulating gas production in Nigeria.

Edited by

Jennifer deLay

Editor

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