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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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Kosmos Energy says GTA block is set to begin gas production by year-end as expected
BP is on track to begin production at the GTA block, located offshore Mauritania and Senegal, by the end of this year as scheduled.
Afentra completes acquisitions of minority stakes in Angolan offshore blocks
AIM-listed Afentra revealed on May 10 that it had completed the acquisition of minority stakes in two blocks offshore Angola from INA-Industrija of Croatia.
UK Supreme Court rules Nigerian claimants may not continue suit against Shell over 2011 tanker spill
The UK Supreme Court has ruled against Nigerian claimants who sought to sue two subsidiaries of Shell over a 2011 offshore oil spill, citing the expiration of a six-year legal deadline.
Zimbabwean firm Shalom Mining seeks licence to explore for hydrocarbons in protected wildlife park
Ivory Coast asked to end broad-based subsidies for fuel, food to secure $3.5bn IMF support package
Invictus confirms presence of liquid hydrocarbons and helium at Cabora Bassa site in Zimbabwe
Australia’s Invictus Energy has confirmed the presence of light liquid hydrocarbons and helium in Mukuyu-1, an exploration well drilled at its 80%-owned Cabora Bassa project in Zimbabwe.
Chinese firm CPP to finance, supply pipe for $5bn East African Crude Oil Pipeline (EACOP) project
China Petroleum Pipeline Engineering Co. Ltd (CPP) has stepped in to offer financing and construction line pipe for the East African Crude Oil Pipeline (EACOP) stretching from Uganda to the Tanzania coastline.
HOSCON partners with private sector to create $5bn investment fund for Nigeria's oil-producing states.
The Host Communities of Nigeria Producing Oil and Gas (HOSCON) has partnered with the private sector to create a $5bn fund that will support investment in oil-producing states in Nigeria.
Libya’s crude production reaches 1.214mn bpd: NOC
Libya’s National Oil Corporation (NOC) announced that crude production had reached 1.214mn barrels per day, and condensate production 18,000 bpd in the past two days, the utility’s head Farhat Bengdara said on Thursday.
Upcoming report notes growing interest in midstream, downstream sectors of Gabon’s oil industry
Investment in the midstream and downstream sectors of Gabon’s oil industry has grown significantly in the last year, with both public and private sector projects attracting new interest.
Chariot, Vivo Energy to set up midstream gas venture in Morocco
Both firms will set up a jointly owned special purpose vehicle for the purchase, transportation and distribution of natural gas to end-users. The operations will include a long-term sales agreement to produce gas from the Anchois development project.
Libya’s NOC denies providing oil supplies to fighting rivals in Sudan
Libya’s National Oil Corporation denied reports that it has provided oil supplies to either of the two warring rivals in Sudan, the state-owned utility said in a statement on Monday, May 1.
Africa Oil Corp. increases exposure to Orange basin offshore Namibia
Canada’s Africa Oil Corp. (AOC) has increased its exposure to upstream operations in Namibia’s Orange basin by participating in a $95mn open offer by UK-based Impact Oil & Gas.
Repairs at Port Harcourt refinery in Nigeria reportedly running behind schedule
Nigeria’s Port Harcourt Refining Complex (PHRC) may not complete the first phase of its rehabilitation project until September at the earliest, four months later than originally anticipated.
South African energy giant Sasol in Mozambique gas find
The Mozambican unit of a South Africa-based energy multinational, Sasol Mozambique, has discovered natural gas in an onshore field south of the country, according to the National Petroleum Institute.
Nigeria puts plan for fuel subsidy elimination on hold until Buhari’s departure
Nigeria is suspending plans for eliminating the subsidy on domestic fuel prices and will not take further action before the end of President Muhammadu Buhari’s term in late May.
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