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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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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.
Gabon’s Assala starts production at GNG oil project with targeted 10,000bpd output
Assala Energy has begun production at Gabon’s Grand N’Gongui field, targeting peak output above 10,000bpd from an estimated 350mn-barrel resource.
Egypt approves two oil and gas exploration agreements worth $85mn
The Egyptian cabinet has approved two new agreements for oil and gas exploration with a minimum combined investment of $85mn
Nigeria senate demands NNPCL executives answer $130bn audit queries
Nigeria’s Senate has summoned senior executives of the national oil company (NNPCL) to respond to unresolved audit queries totalling $130bn covering the period from 2017 to 2023
Kenya fuel prices surge as global oil shock offsets tax cut
Kenya has raised fuel prices sharply in its latest monthly review, with diesel increasing by a record KES 40 ($0.30) to KES 206 ($1.59) per litre and petrol rising by KES 28 ($0.21) to a similar level, despite a reduction in value added tax
Kenya targets December start for South Lokichar oil exports as Gulf Energy takes over Tullow assets
Kenya expects commercial crude oil exports from its South Lokichar fields in Turkana County to begin by December, marking a potential milestone in the country’s long-delayed oil development programme.
Algeria grants BP new exploration licence in Eastern Basin
The Algerian government decided to award British energy major BP a new licence to explore for oil and gas in the country’s eastern basin
Africa needs stronger legal voice as climate-related litigation reshapes energy policy, says AEC
With climate-related litigation cases increasing globally, the AEC maintains that African institutions must play a stronger role to ensure fair and practical outcomes that fully reflect the continent’s development and energy needs.
TotalEnergies eyes gas exploration in Egypt’s Herodotus basin
France’s energy major TotalEnergies has expressed interest in exploring natural gas resources in Egypt’s Herodotus Basin in the deep waters of the western Mediterranean
Mozambican ecologist calls for measures to protect marine life near planned gas exploration project
AKK pipeline puts Abuja on course for first gas by July
Nigeria is expected to begin delivering natural gas to Abuja by July through the long-delayed Ajaokuta-Kaduna-Kano (AKK) pipeline, in a development seen as a test of government efforts to translate gas reserves into industrial growth
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