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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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South Africa: G20 African Energy Investment Forum to drive energy sector innovation
The G20 African Energy Investment Forum, organised by the African Energy Chamber (AEC), is taking place on November 21 in Johannesburg, South Africa.
Eni plans to build $180mn gas processing plant in Egypt’s Meleiha concession
Italian energy major Eni plans to build a new $180mn gas processing plant at its onshore Meleiha concession in Egypt’s Western Desert, with a production capacity of 100mn cubic feet per day,
Turkey’s LPG imports rise 16% y/y in Sept
Turkey’s liquefied petroleum gas (LPG) imports moved up by 16.4% y/y to 286,885 tonnes in September, according to the LPG Market Sector Report published by the Energy Market Regulatory Authority (EPDK).
EXPLAINER: Lukoil scrambles to sell its international operations
Time is running short for Russia’s second-biggest oil producer to divest its vast international business, after it was hit with US sanctions that will soon render its assets outside Russia effectively inoperable.
Egypt moves to attract energy investors as El-Sisi expands sector incentives
President Abdel Fattah El-Sisi directed the government to provide additional incentives and facilitations for investors in the petroleum, gas and mining sectors in a bid to support the energy sector
VAALCO Energy reports progress across African portfolio in Q3 2025 update
In a press release on November 10, VAALCO Energy reported steady operational gains across its varied upstream assets in the third quarter of 2025.
Meren Energy posts stronger Q3 results, maintains dividend as Nigeria and Namibia projects advance
Meren Energy Inc (TSX:MER) reported stronger Q3 2025 earnings, expanded RBL debt reduction and a fourth quarterly dividend as it advanced drilling plans in Nigeria and progressed its indirect 3.8% interest in Namibia.
Egypt extends Gulf of Suez and Nile Delta gas concession for Eni until 2040
Egypt’s General Petroleum Authority signed an agreement with Italian energy major Eni, represented by its subsidiary Eni North Africa Oil Company (AIOC), extending the Gulf of Suez and Nile Delta concession until 2040,
Nigeria launching equity fund to boost local oil & gas firms in shift to long-term energy sector investment
The Nigerian Content Equity Fund (NCEF), a new investment vehicle to provide long-term capital for indigenous oil and gas firms, will be managed by the Bank of Industry.
New oil palm roadmap targets $1.6bn boost for Nigeria
Nigeria has introduced a policy roadmap for its oil palm sector that aims to unlock about NGN2.3 trillion ($1.6bn) in value through climate-smart and smallholder-centred growth while preventing deforestation.
Nigeria sets 2.5mn bpd oil target for 2026 as reforms advance
Nigeria aims to raise crude production to 2.5mn barrels per day by 2026 through a new upstream roadmap that links output growth with regulatory adjustments, security measures and a gas-centred transition,
Namibia to consolidate control of oil and gas sector under president’s office
Namibia is planning to centralise its oil and gas sector oversight under the office of the presidency as the country moves towards first oil production.
Kenya’s Gulf Energy targets first oil from South Lokichar Basin by end of 2026
Gulf Energy Ltd., a Nairobi-based energy trading and infrastructure company, is in talks to advance development of the long-delayed South Lokichar Basin oil project, targeting initial production by late 2026.
Egypt to repay $750mn of foreign oil companies' arrears by early 2026
Egypt’s Ministry of Petroleum plans to repay about $750mn of arrears owed to foreign oil companies operating in the country by the end of Q1 2026
Canadian explorer ReconAfrica provides drilling update at Kavango West 1X well in Namibia
ReconAfrica has provided a drilling update on the onshore Kavango West 1X exploration well located within PEL73 in Namibia.
AEC to host G20 African Energy Investment Forum ahead of G20 Summit in Johannesburg
The African Energy Chamber (AEC) will host the G20 African Energy Investment Forum ahead of the G20 Summit in South Africa.
Nigerian Court orders Danium Energy and executive to pay Union Bank $13.8mn and surrender properties
A Federal High Court in Lagos has ordered petroleum marketer Kehinde Ogbor and Danium Energy Services Limited to pay Union Bank of Nigeria NGN20.7bn ($13.8mn) and granted the lender immediate possession of several prime properties
Nigeria to launch 2025 oil licensing round on December 1, says regulator
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that the 2025 oil licensing round will be officially launched on December 1.
Nigerian crude earnings fell 43% in 2024 despite higher output
Data from Nigeria’s Budget Implementation Report for Q4 2024, published this week, has shown that profits from the country’s oil and gas sales plummeted by 43% in 2024, despite production increasing on average.
South Africa: Industry condemns government silence over looming gas crisis as Sasol offers interim fix
The Industrial Gas Users Association of South Africa (IGUA-SA) has once again voiced its concerns about the impending “gas cliff” and the government’s inaction in addressing the supply shortage.
Nigeria approves 43 oil and gas field plans worth over $20bn for 2025
Nigeria’s upstream regulator has approved 43 field development plans for implementation in 2025, representing projects with an estimated 1.7bn barrels of oil and 7.7tcf of gas, backed by more than $20bn in committed capital
Nigeria's EFCC declares ex-petroleum minister Timipre Sylva wanted over $14.9mn refinery funds case
Nigeria’s Economic and Financial Crimes Commission (EFCC) has declared former Minister of State for Petroleum Resources Timipre Sylva wanted for allegedly conspiring to divert $14.9mn allocated for a private refinery project.
South Sudan’s president reverses petroleum ministry reshuffle amid heightened export security risks
South Sudan's petroleum ministry undersecretary has been reinstated a week after his removal. The move comes amid Sudan's warning that continued RSF drone attacks near key infrastructure could force a shutdown of the pipeline to Port Sudan.
Corcel secures environmental permit for KON-16 block in Angola to begin seismic surveys
Corcel Plc (AIM:CRCL) has secured an environmental permit to begin seismic work at the KON-16 onshore block in Angola’s Kwanza Basin, part of Luanda's wider push to revive onshore exploration and diversify production beyond mature offshore fields.
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