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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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Rystad Energy reports on top five LNG projects in Africa
Rystad Energy report on top five LNG projects in Africa
Kenya's president authorises additional $141mn fuel subsidy to cushion impact of inflation
Mozambique gas: Government to announce results of hydrocarbon licensing round by December
Sound Energy loses $2.55mn tax case in Morocco
ACEP urges Ghana’s government to invest in associated gas utilisation
The African Centre for Energy Policy (ACEP), a Ghanaian think-tank, said on July 12 that Accra should consider investing in associated gas utilisation as well as LNG imports.
AfrOil: Namibian minister blasts foreign critics of Kavango exploration
Namibia’s energy minister has expressed frustration with critics of oil and gas exploration, asserting that much of this opposition comes from foreign countries that have already benefited from development.
Namibian energy minister lashes out at foreign critics of Kavango oil exploration
Namibia’s energy minister has expressed frustration with critics of oil and gas exploration, asserting that much of this opposition comes from foreign countries that have already benefited from development.
Spanish imports of Russian gas soar in June, while Algerian gas imports sink
Russian natural gas exports to Spain rose more than four-fold year on year in June, while Algerian deliveries dropped by more than half, according to data released by Spain's Enagas.
Nigerian court blocks ExxonMobil from selling MPNU
Nigerian National Petroleum Co. Ltd (NNPC Ltd) has won a court battle against ExxonMobil, blocking the US giant from selling assets to Seplat Energy.
Renergen’s ambition for South Africa’s Free State
Renergen is gearing up to launch Phase 1 of South Africa's first LNG plant against a backdrop of nationwide power shortages.
OEC installs Cabinda distillation tower
Momentum builds behind Kogi biofuel plant
Nigeria sees long queues as gasoline prices spike
Petrol stations in Lagos, Abuja, Niger and other regions were selling gasoline at a price of up to NGN250 ($0.60) per litre on July 10, a significant increase over the government-approved retail price of NGN165 ($0.39).
UK High Court bars Nigeria from appealing against ruling on OPL 245 corruption case
The UK High Court of Justice has ruled that Nigeria’s government will not be allowed to appeal against a ruling dismissing a GBP1.4bn ($1.66bn) claim against JPMorgan Chase over the acquisition of OPL 245 by Shell and Eni.
Mauritania’s oil minister highlights European opportunities for West African gas producers
Mauritania’s Minister of Petroleum, Mines and Energy Abdesselam Ould Mohamed Saleh says rising natural gas producers in West Africa are eager to help Europe resolve concerns about energy supplies and prices.
SPDC head calls oil theft in southern Nigeria an “existential threat”
Osagie Okunbor, managing director of the Shell Petroleum Development Co. (SPDC) joint venture, has described oil theft in southern Nigeria as an “existential threat” to the country’s hydrocarbon industry.
Decom Engineering to deploy saws for West African, UKCS offshore pipeline cutting projects
Decom Engineering, a pipeline decommissioning firm based in Northern Ireland, said on July 7 that it had won contracts worth for two new projects offshore West Africa and on the UK Continental Shelf (UKCS).
Nigeria: Afreximbank to provide partial financing for UTM Offshore’s FLNG project
The African Export-Import Bank (Afreximbank) revealed on July 7 that it had agreed to work with Nigeria’s UTM Offshore to cover part of the cost of a floating LNG project.
VAALCO announces completion of South Tchibala 1HB-ST well at Etame Marin
VAALCO Energy (US) reported on June 7 that it had successfully completed the South Tchibala 1HB-ST well, after wrapping up drilling operations from the Avouma platform at the Etame Marin block offshore Gabon.
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