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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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India's IOCL mooting investment in Tullow project in Kenya
Indian Oil Corporation Ltd (IOCL) is weighing the viability of investing in the $3.4bn project of Tullow Oil Plc in Turkana, northwestern Kenya.
Sudan: Armed groups threaten workers at West Kordofan oilfields, workers say
Oilfield workers in the Balila area of Sudan’s West Kordofan state told Radio Dabanga earlier this week that that an armed group had targeted their work sites.
Tlou, Zismo partner on transmission line construction for Botswana’s Lesedi project
Tlou Energy, a Botswana-based clean energy company, has signed a contract for the construction of a transmission line for the Lesedi power project with Zismo Engineering, a local electrical engineering contractor.
AfrElec: Tlou, Zismo partner on transmission line construction for Botswana’s Lesedi project
Tlou Energy, a Botswana-based clean energy company, has signed a contract for the construction of a transmission line for the Lesedi power project with Zismo Engineering, a local electrical engineering contractor.
Ghana: huge fuel price hike looms, COPEC threatens demonstration
The Chamber for Petroleum Consumers, Ghana (COPEC) has threatened to embark on a demonstration, if nothing is done about the persistent spike in the prices of fuel by Friday.
AfrOil: Eni, BP finalise plan for Azule JV in Angola
Eni and BP have finalised an agreement first announced in May 2021 to form an independent joint venture in Angola.
FAR Ltd to withdraw from Guinea-Bissau project
Australia’s FAR Ltd has announced its intention of withdrawing from the Esperanca Blocks 4A and 5A and Sinapa Block 2, located offshore Guinea-Bissau.
Capricorn set to spud two exploration probes in South Abu Sennan concession onshore Egypt
Residents of Libya’s Oil Crescent threaten to blockade coastal terminals
Residents of the Libyan coastal region known as the Oil Crescent have reportedly threatened to halt crude exports in an attempt to break the impasse between rival political factions.
Nigerian court says Shell cannot sell SPDC stake until oil spill fine appeal is settled
A Nigerian federal court of appeals in Owerri has ordered Shell (UK) to suspend an asset sale, saying that the multi-national should not move ahead until it concludes the appeal of a fine imposed for a previous oil spill.
Slovenia plans to import gas from African countries to reduce dependence on Russian gas
Nigerian presidential administration praises NNPC’s efforts to ease fuel shortages
A representative of Nigerian President Muhammadu Buhari’s administration has said that efforts by NNPC to ease fuel shortages are having a positive effect.
NARTO head: Higher fuel prices are a burden on Nigerian road transport sector
Yusuf Lawan Othman, the head of Nigeria’s National Association of Road Transport Owners (NARTO), has noted that rising diesel prices are becoming increasingly burdensome for members of his group.
South African president eyes gas projects in Mozambique
South African President Cyril Ramaphosa said on Friday (March 11) that his country hoped to invest in the development of natural gas reserves in neighbouring Mozambique.
South Africa/Namibia: Eco Atlantic says acquisition of Azinam is nearly complete
UK-based Eco (Atlantic) Oil & Gas is close to wrapping up the acquisition of Azinam Group, an affiliate of Seacrest Capital Group that holds a number of assets offshore Namibia and South Africa.
Economist says oil finds allowed Ghana to borrow more money without helping economy
Ghana’s oil discovery, related to the borrowing trajectory of the country, only came to give us more space to borrow.
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