AfrOil - Africa Oil & Gas

Sylva urges NLNG shareholders to let other producers supply gas to its plant

Nigeria’s Minister of State for Petroleum Resources Timipre Sylva has asked Nigeria LNG to let other producers access its pipeline networks so that more natural gas can be delivered to its LNG plant.

Kenya government fuel subsidy delay triggers shortages

Kenya is facing an acute shortage of petroleum products after the government delayed paying oil marketing companies (OMCs) a KES13bn ($112.9 mn) fuel subsidy.

Nigeria’s Dangote confident about greenfield refinery completion date

Shutdown of oilfields in Libya pushes down production by 330,000 bpd in March

ReconAfrica issues update on exploration and drilling work in Kavango basin

Canada’s Reconnaissance Energy Africa (ReconAfrica) has published a new outline of its plans for exploration and drilling work in the greater Kavango basin in north-eastern Namibia and north-western Botswana in 2022.

BW Offshore extends contract for Espoir Ivorien FPSO

BW Offshore (Norway) is briefly extending the term of its current contract for the Espoir Ivorien, an FPSO vessel anchored at the Espoir field offshore Côte d'Ivoire, in order to prepare for a much longer extension.

TotalEnergies Marketing Kenya's after-tax profit declines to $23.4mn

TotalEnergies Marketing Kenya Plc's after-tax profit declined to KES2.7bn ($23.4 mn) for the 12 months ended on December 31, 2021, down from KES3.2 bn in 2020.

Trading in AIM-listed Victoria Oil & Gas suspended as ICC tribunal orders Cameroon unit to pay $12.1mn

EDbyIV South African government to sell stored oil to cut fuel levies

The South African government says that it is to sell millions of barrels of strategic crude oil reserves as it tries to recoup the ZAR 6 billion tax revenue that has been sacrificed to mitigate against rising fuel prices, IOL reports.

Southern African ministers meet to discuss Islamist insurgency in Mozambique

Libya’s NOC, TotalEnergies sign $20mn deal for sustainable development projects

Head of Tanzania’s EWURA says government not concerned about fuel shortages

The head of Tanzania’s Energy and Water Utilities Regulatory Authority (EWURA) has sought to downplay concerns about the possibility of disruptions in fuel supplies.

Chariot’s shares rise 18% following positive developments at Morocco project

OPEC continues to exclude Libya from crude production cuts

Ghana: Central Bank injects $100mn into forex market to upend cedi depreciation and facilitate fuel price recovery

It is also required of BDCs to provide evidence of contract containing volume and costs of petroleum products which would be premiums or discounts applied, as well as payment due date.

Japan's Sojitz buys part of Nigerian gas distributor Axxela

Japan’s Sojitz Corp has bought a 25% stake in Axxela, Helios Investment Partners’ Nigerian gas distribution unit.

Algeria’s Sonatrach warns of possible gas price rise for Spain

Mozambique agrees to sell gas to ease South Africa's energy crisis

Investor calls for joint venture to revamp Ghana’s Tema Oil Refinery

EGPC acquires 25% stake in Alexandria National Refining and Petrochemical Company for $153mn

Mozambique's president turns first stone on Temane, country's gas-fired power plant

Invictus Energy extends Cluff Energy Africa’s deadline for Zimbabwe farm-in

Australia’s Invictus Energy has given London-based Cluff Energy Africa (CEA) more time to consider joining the effort to explore and develop Special Grant 4571 (SG 4571), its licence area in the Cabora Bassa basin.

13 international oil companies present bids for Mozambique hydrocarbon exploration

Algeria, Italy look to fill Russian-shaped hole in gas supplies

Uganda launches oil spill contingency plan

Uganda’s government has formally unveiled its oil spill contingency plan as part of the effort to prepare for launching oil production at the Kingfisher and Tilenga oilfields near Lake Albert in 2025.