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 considers reviving huge OPL 245 block

20 November 2023

Nigeria’s federal government is considering reviving Oil Prospecting Licence 245, one of Africa's richest oil blocks, in a bid to ramp up domestic oil production.

Libya’s NOC invites bidders for crude investments in Sirte, Murzuq and Ghadames basins

17 November 2023

Libya’s National Oil Corporation is preparing a licensing round – the country’s first in almost two decades – to develop gas fields in the Sirte, Murzuq and Ghadames basins. Libya is currently investing $17bn in oil-and-gas infrastructure.

Nigeria’s Seplat reveals plan for $250mn gas plant in Delta State

17 November 2023

Seplat has unveiled plans to invest $250mn in the construction of a state-of-the-art gas plant in Sapele, Delta State.

Nigeria grants Dangote licence to refine 300,000bpd of crude

16 November 2023

Nigeria’s 650,000 barrels per day (bpd) Dangote refinery has secured a license allowing it to refine more than 300,000bpd of Nigerian crude oil and is moving to begin processing gasoline shortly.

Egypt to raise petchem, fertiliser exports to African states

16 November 2023

Egypt is set to increase exports of petrochemicals and fertilisers by 10% to African countries in 2024 according to an announcement made on November 12 by Khaled Abul-Makarem

Kenyan government introduces temporary fuel subsidy

16 November 2023

The Kenyan government has intervened to subsidise fuel prices in a bid to stop them rising to Ksh300 ($1.97) per litre.

What is pushing oil price down?

10 November 2023

The price of crude oil has fallen 6.6% in the week ending November 10, with Brent closing below $80 a barrel for the first time since July. Only a few months ago analysts were predicting triple-digit prices. Now that looks like a dream.

What is pushing oil price down?

10 November 2023

The price of crude oil has fallen 6.6% in the week ending November 10, with Brent closing below $80 a barrel for the first time since July. Only a few months ago analysts were predicting triple-digit prices. Now that looks like a dream.

Edited by

Jennifer deLay

Editor

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