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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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Nigeria’s president ends six-month emergency rule in oil-rich Rivers State, reinstates governor
President Tinubu said the measure was necessary to halt a drift “towards anarchy” following disputes over the state budget. He also cited pipeline vandalism as a factor in the decision to suspend local institutions.
Oregen Energy ups WestOil stake to 48.5%, deepens Orange Basin block play
Canadian junior Oregen Energy lifts its WestOil stake to 48.5%, tying the move to new financing as majors drive Namibia’s Orange Basin toward appraisal and development.
South African court annuls Eskom’s authorisation to build gas-to-power plant in Richards Bay
South African Supreme Court of Appeal (SCA) on September 17 annulled a government permit issued to the state-owned power utility Eskom to build a gas-to-power plant in Richards Bay.
Libya discusses water treatment plant at main oilfields with US firm HWB
Libya’s Arabian Gulf Oil Company (AGOCO) has discussed with US-based HWB arrangements to launch a water treatment project at the Messla and Nafoura oilfields
Nigeria clears $18.2bn in oil and gas field development plans to lift output
The $18.2bn worth of approvals mark among the largest investment commitments in Nigeria's O&G sector since the 2021 Petroleum Industry Act (PIA) was adopted, underpinning the target to raise crude capacity above 3mn bpd.
Egypt secures deal with Eni to export Cyprus’ Cronos gas field output
Egypt has agreed with Italy’s energy major Eni to re-export the entire production of Cyprus’ deepwater Cronos gas field in the Eastern Mediterranean
Chevron signs $610mn deal to extend Israeli gas exports to Egypt
US energy major Chevron announced a deal with Israel’s state-owned pipeline operator to construct the Nitzana pipeline, which will transport natural gas from the Leviathan field to Egypt,
IEA warns that output at existing oil and gas fields is falling faster than expected
Analysis of thousands of reservoirs shows that many of the largest conventional fields have already peaked, while unconventional sources such as shale need constant drilling to maintain production.
South Africa grants long-term lease extensions to oil majors, energy traders at Durban’s strategic fuel hub
South Africa has granted long-term lease extensions to international oil majors and trading houses, including BP and Vitol, at the Island View Precinct, the country’s most important fuel import and storage hub in Durban.
Egypt sets for likely last fuel price hike, will not require new IMF programme
Egyptian Prime Minister Mostafa Madbouly announced a potential increase in gasoline prices in October, noting it could be the last if current trends continue
Iraq ranks second among OPEC oil producers in August
Iraq was the second-largest crude oil producer in OPEC in August 2025, according to the latest figures released by the Organisation of the Petroleum Exporting Countries (OPEC)
Ghana’s Kwame Ntow Amoah takes helm of African oil producers’ bloc
Ghana’s state oil chief Kwame Ntow Amoah has been appointed chairman of the African Petroleum Producers’ Organisation (APPO).
Ghana to drill two new oil wells by 2026 as president Mahama woos investors
President John Dramani Mahama said Ghana’s state energy firm will drill two new exploration wells by the third quarter of 2026, as his government pushes to attract investors and reduce reliance on costly fuel imports.
South Africa’s Constitutional Court to rule on Shell’s Wild Coast oil exploration rights
Lawyers representing South African coastal communities and environmental groups are challenging a Supreme Court of Appeal order allowing energy supermajor Shell to apply for a renewal of oil exploration rights.
Nigerian president advances oil bill placing NNPCL under control of Finance Ministry, upstream regulator
President Bola Tinubu has endorsed a bill that would undermine the "independence" of NNPCL, shifting ownership to the Finance Ministry and handing new powers to upstream regulator NUPRC.
Libya takes urgent steps to stabilise electricity supply amid fuel challenges
Libyan authorities are currently working to address the ongoing electricity crisis to secure supply for citizens and prevent power outages.
Iraq’s SOMO eyes Africa and Latin America as new destinations for oil exports
Iraq is working to diversify its crude export markets and increase investment in liquefied petroleum gas (LPG) infrastructure
Equatorial Guinea seeks upstream investors with launch of new licensing round at AEW2025
Equatorial Guinea will officially launch the new oil and gas licensing round at the African Energy Week: Invest in African Energy conference as part of its efforts to revitalise the upstream sector.
Brazil’s Petrobras takes stake in São Tomé offshore block
Brazil’s Petrobras said, in a press release, it has acquired a 27.5% stake in Block 4 offshore São Tomé and Príncipe, strengthening its exploration portfolio in Africa.
Nigeria LNG deploys AI to boost domestic gas supply and exports
NLNG is turning to artificial intelligence to cut costs, boost safety and strengthen gas supply in Nigeria and abroad as part of a push to stay competitive.
Africa’s LNG expansion in focus at African Energy Week 2025
Africa is gearing up to advance its various large-scale liquefied natural gas (LNG) developments. Mozambique is emerging as a key LNG exporter, with ExxonMobil leading the onshore 18mn tpy Rovuma LNG project in Area 4.
Algerian President reshuffles cabinet, splits energy ministry (Hydrocarbons & Mines, Energy & Renewables)
President Abdelmadjid Tebboune announced that the 'Energy, Mines and Renewable Energies' ministry is being replaced by two new ministries: 'Hydrocarbons and Mines' and 'Energy and Renewable Energies'.
Egypt signs oil and gas exploration deals with Dragon Oil, Perenco and Apache worth over $121mn
Egypt said the three deals cover Offshore North Sinai, East El-Hamd (Gulf of Suez), and an integrated Western Desert area, committing more than $121m to exploration work and signing bonuses.
Nigeria halves crude oil losses in Jan–Jul 2025, says upstream regulator
Nigeria cut crude oil losses by more than half in the first seven months of 2025, according to data from the upstream regulator, marking the lowest level of losses since 2009.
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