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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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Nigeria: Elumelu says Heirs Holding sometimes loses over 50% of oil output to theft
Tony Elumelu, the chairman of Nigerian independent Heirs Holding, said on Tuesday (February 2) that his company sometimes lost more than half of its oil production in the Niger River Delta to theft.
NLNG hailed for directing all LPG production to domestic market
The Nigeria LP Gas Association (NLPGA) has hailed the Nigeria LNG (NLNG) consortium for its decision to direct all of its LPG production to the domestic market.
OPEC+ makes quick decision but adding production will be harder
Ghana's government restores Price Stabilisation and Recovery Levy
NPA suspends Price Stabilisation and Recovery Levy (PSRL).
Sonangol hopes new import terminal will improve domestic fuel supplies
Angola’s national oil company Sonangol is hoping that the launch of a new import terminal in Porto do Lobito will help improve supply conditions on the domestic fuel market.
Uganda’s next big step toward oil production
TotalEnergies and its partners are ready to proceed with the $10bn Lake Albert Development Project.
Ardova begins building LPG storage depot in Lagos
Ardova, a Nigerian petroleum product marketing company, has broken ground on a new LPG storage facility that will be the largest of its kind in West Africa.
TotalEnergies, CNOOC sign FID on $10bn Uganda oil project
AfrOil: TotalEnergies hopes to resume Mozambique LNG project in 2022
Patrick Pouyanné, the CEO of TotalEnergies (France), hopes to see work on the $20bn Mozambique LNG project resume before the end of this year.
TotalEnergies CEO hopes to resume work on $20bn Mozambique LNG project this year
Patrick Pouyanné, the CEO of TotalEnergies (France), has said he hopes to see work on the $20bn Mozambique LNG project resume before the end of this year.
West-Africa focused FAR Ltd attracts another takeover bid
FAR Ltd, an Australian company focused on upstream projects in West Africa, reported on January 31 that it had received a takeover bid from the boutique investment management firm Samuel Terry Asset Management.
Gabon: BW Energy reports production up at Tortue oilfield in Q4-2021
BW Energy (Norway) succeeded in raising production levels at Tortue, an oilfield within the Ruche Exclusive Exploitation Area (EEA) offshore Gabon, in the fourth quarter of 2021.
TotalEnergies signs MoU with Rwanda to develop energy sector
TotalEnergies of France has signed with Rwanda Development Board (RDB) memorandum of understanding (MoU) to develop collaboration on energy-related projects
IES says Ghana will see fuel prices rise in February
Oil Marketing Companies (OMCs) are likely to cross the Ghs7.00 per litre mark for gasoil and gasoline.
NNPC report says Port Harcourt rehabilitation project is behind schedule
Nigerian National Petroleum Corp. (NNPC) has said that its effort to rehabilitate Port Harcourt Refining Co. (PHRC) is running behind schedule.
NUPRC reports on proceeds from marginal field auctions
Nigeria’s government has taken in approximately NGN174bn ($420mn) from the second Marginal Fields Bidding Round (MFBR) as of January 28.
Sylva hails petroleum ministry’s performance
Nigeria’s Minister of State for Petroleum Resource Timipre Sylva delivered a favourable assessment of his agency’s performance.
UNOC sees EACOP FID on February 1
Zenith Energy doubles oil production in Tunisia by April 2022
KPA says Kipevu terminal receiving healthy interest
Dangote set for 2022 launch as Nigeria awaits
Afreximbank to assist NNPC to obtain $5bn in loans
The African Export-Import Bank (Afreximbank) pledged on January 27 to assist Nigeria’s national oil company with a $5bn fundraising effort.
Nigeria puts PIA on hold
Following tumult over the elimination of gasoline price subsidies, Nigeria's federal government delays full implementation of the new petroleum law.
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