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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.
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Algeria orders troops to Niger to protect energy interests after parliamentary approval
Algeria's Sonatrach has oil exploration interests in Niger's Kafra region, near the countries' shared border, and is involved in the proposed Trans-Saharan Gas Pipeline linking Nigeria, Niger and Algeria.
Borr Drilling rig sinks off Gabon, leaving one reportedly dead and four missing
Borr Drilling's (NYSE: BORR; OSE: BORR) Prospector 5 offshore drilling rig sank off the coast of Gabon on October 24.
Chevron reports positive gas appraisal results at Egypt's Nargis-2 well
Egypt's Ministry of Petroleum and Mineral Resources and US energy major Chevron (NYSE:CVX) have announced positive drilling results from the Nargis-2 natural gas well in the Mediterranean
Ghana finance ministry rebuts oil watchdog over spending disclosures as revenue rises 52%
Ghana’s petroleum revenue surged 52% in the first half of 2026, but the country’s oil-revenue watchdog says it cannot independently assess government spending because utilisation data is missing.
Mozambique parliament adds $56mn of gas revenue to 2026 budget
The revision more than doubles the gas revenue allocated to the 2026 budget, drawing on carried-over balances in the sovereign wealth fund’s transitional account,
Kenya seeks trading name for Turkana crude ahead of December production target
Kenya is seeking a trading name for Turkana crude as Gulf Energy targets December 1 first oil, but export dates diverge and compensation disputes persist.
Nigeria’s gas output rises as Tinubu adviser urges shift from firewood to LPG
Nigeria needs to turn its large natural gas reserves into cleaner household energy and broader economic gains, Special Adviser to the President on Oil and Gas Olu Verheijen said
Kenyan president targets December oil exports, ahead of regulator EPRA’s 2027 timetable
President Ruto says Kenya will start crude exports from South Lokichar in December. Regulator EPRA expects first shipments only in Q1 2027 as Gulf Energy prepares to drill.
Ghana’s petroleum revenue rises 52% y/y in H1 as watchdog PIAC questions spending oversight
Ghana's oil receipts jumped to $561.41mn in H1 on higher crude prices and an 11.7% output recovery. PIAC flagged missing spending data and GNPC's use of Jubilee funds.
Nigeria weighs listing state oil firm NNPCL and sole LNG exporter as Oyedele floats $160bn valuation
Finance Minister Taiwo Oyedele has called for NNPCL and NLNG to be listed locally as the government seeks to deepen Nigeria’s capital market and broaden public ownership.
Dubai’s Dragon Oil studies shallow-water gas exploration opportunities off Egypt
Dubai-based Dragon Oil is evaluating new natural gas exploration opportunities in Egypt's Mediterranean waters
Fitch assigns final BBB+ rating to $1.46bn bond refinancing Angola's Agogo FPSO
The assessment reflects the vessel's long-term charter with Azule Energy, an Eni-backed payment guarantee and protections against operator insolvency, while recognising the operational and collateral risks associated with the transaction.
Nigeria’s Sterling Bank joins $4.1bn Renaissance oil contractor financing scheme
Nigeria's Sterling Bank has outlined its role in Renaissance Africa Energy Company's renewed vendor financing scheme, which has a subscribed portfolio of $4.1bn and NGN435bn ($327mn).
Senegal seeks investors to advance Yakaar-Teranga gas development
Senegal’s state-owned oil company Petrosen is seeking investment partners for the Yakaar-Teranga offshore gas project, targeting a final investment decision (FID) by the end of 2027.
Nigeria’s Dangote outlines African fuel distribution network under $50bn investment plan
Dangote is taking his Lagos refinery’s fuel inland: a $660mn Djibouti-Ethiopia pipeline, a Walvis Bay terminal and a 2,650km Southern Africa network budgeted at more than $3.5bn.
Egypt and TotalEnergies advance Cyprus Cronos gas connection project
Egyptian Petroleum and Mineral Resources Minister Karim Badawi held talks with TotalEnergies (LSE:TTE) executives on October 21 to accelerate the connection of Cyprus’s offshore Cronos gas field to Egyptian infrastructure
Niger gives China's CNPC until late November to repatriate $5bn in oil export revenues
Niger’s military government on October 13 said it had given China National Petroleum Corporation (CNPC) and its partners 45 days to comply with contractual obligations.
Nigeria urges 22 oil licence holders to begin production within 18 months
Nigeria's upstream regulator is pressing 22 petroleum licence holders to accelerate development, targeting first oil within 18 months and combined production of at least 250,000 bpd within five years.
Namibia’s disputed petroleum bill passes second reading amid concerns over presidential powers
Namibia’s National Assembly has approved the second reading of a controversial petroleum amendment bill that would transfer key regulatory powers from the energy ministry to the presidency.
Ghana reviews petroleum regulations as declining oil output squeezes local contractors
Ghana plans to overhaul petroleum regulations and expand financing for domestic oilfield contractors as falling crude production threatens businesses built around the West African nation’s offshore industry.
ReconAfrica begins horizontal drilling at Namibia’s KW1X well ahead of year-end flow tests
Canadian oil and gas explorer Reconnaissance Energy Africa (TSXV: RECO, OTCQX: RECAF, Frankfurt: 0XD, NSX: REC) has begun horizontal sidetrack drilling at its Kavango West 1X (KW1X) discovery well in northeastern Namibia.
Analyst warns of pressure on Russian oil exports and predicts global oil surplus by 2028
Russia faces mounting energy risks from Ukrainian attacks, dependence on Chinese influence and the prospect of a global oil surplus, while Ukraine prepares for a difficult winter, says analyst.
Eni begins Meleiha Phase 2 start-up as Egypt seeks to reduce gas import dependence
Italian energy major Eni (BIT: ENI) has launched startup activities at the Meleiha Phase 2 gas project in Egypt's Western Desert
Eni completes offshore Bouri gas recovery project in Libya
Italian energy major Eni (BIT: ENI) finalised the operational commissioning of the Bouri Gas Utilisation Project in Libya’s offshore area,
TAG Oil reports no oil flow during initial testing of Egypt's Badr well
Canadian energy company TAG Oil reported that no formation oil reached the surface during initial production testing of its T-200 vertical well at the Badr Oil Field in Egypt's Western Desert
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