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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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Ghana’s Tema Oil Refinery denies alleged Chinese takeover push amid whistleblower claims
TOR, a 45,000-bpd facility, has been plagued by issues since an explosion at its crude distillation unit in early 2017 and was closed completely between July 2020 and January 2021. TOR denies having held talks with China's Senuto
Nigeria's NNPCL owes $3bn to fuel traders, soft re-boot to subsidies looms
The backlog in payments has proved a significant setback to the Nigerian government in its attempts to shore up finances by shutting down expensive subsidies for the energy sector.
Nigeria's NSCDC discovers large-scale illegal refining site in Imo State
Nigeria’s Special Intelligence Squad (SIS) of the Commandant General of the Nigeria Security and Civil Defence Corps (NSCDC) has announced that it discovered a large-scale illegal refining site in Ohaji/Egbema Local Government Area.
South African fossil fuel subsidies hit $6b in 2023
Zimbabwean president commits to facilitate greater local value addition of recent oil find
ASX-listed Invictus Energy (Invictus), which is exploring for gas in northern Zimbabwe, recently announced the discovery at its 80% owned and operated acreage.
Crude oil prices remain in motion amid Middle East uncertainty
Fresh talks between Israel and Hamas at the start of the week prompted Brent and WTI prices to slip from higher prices during the previous week, but a lack of progress in the talks by mid-week and a pending new attack by Israel prompted concern.
New Age set to secure Olive Energy as new partner on delayed Congo oil project
New Age (African Global Energy) Ltd has struck a deal with Olive Energy E&P to take a stake in a potential $400mn Republic of Congo project
EPC provider Oilserv eyes expansion to Namibia, wider Southern Africa region, chairman says
Oilserv, a provider of oilfield services for clients across the Middle East and Africa that has taken part in some of the largest gas pipeline projects on the continent, aims to establish its footprint in Namibia and the wider southern African region
Italy’s Piombino terminal receives first cargo from Eni’s Tango project
Italian gas grid operator Snam’s Piombino floating storage and regasification unit has received the first LNG cargo shipped from Eni’s Tango floating LNG terminal off the waters of the Republic of Congo.
Uganda confirms China’s commitment to EACOP completion
TotalEnergies, Sonatrach expand partnership in Algeria
Angola and Brazil forge deeper ties in oil and gas collaboration
Angola and Brazil are poised to strengthen their collaboration within the oil and gas sectors, driven by their sustained growth trajectories and a shared vision for mutual development.
Nigeria’s NNPCL reportedly owes $3bn to fuel traders
Senegal gets new petroleum minister to oversee key portfolio as president's promises sector "audit"
Egyptian Natural Gas Holding buys LNG for delivery next May
The Egyptian Natural Gas Holding Company (EGAS) bought at least one shipment of liquefied natural gas for delivery next May, as the country tries to avoid potential shortages in summer.
Dangote begins selling refined petroleum products
Nigeria’s 650,000 barrel per day Dangote Refinery has commenced the supply of petroleum products to the local market, with first products leaving the plant on April 2, according to the executive director of Dangote Group, Devakumar Edwin.
Tanzania to highlight $40bn LNG venture, potential gas projects at IAE 2024 summit
Tanzania is poised to take centre stage at the Invest in African Energy 2024 conference, slated for the middle of May in Paris. The East African country will highlight its ambitious $40bn LNG venture as well as other burgeoning gas prospects.
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