AfrOil - Africa Oil & Gas

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Oil & Gas

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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.

 AfrOil is fully digital publication and can be read via PDF, PageSuite or via our NewsBase App.

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Nigeria opens second phase of $2.5bn fertiliser plant, Africa's largest, as Ukraine war disrupts market

23 March 2022

Nigerian President Muhammadu Buhari has opened Africa’s largest fertiliser plant, a brand-new $2.5bn facility near Lagos, the country’s biggest city. Nigeria hopes to become a net exporter of urea.

AfrOil: Uganda’s energy minister hopes for refinery FID in 2023

23 March 2022

Uganda’s Energy Minister Ruth Nankabirwa says the Albertine Graben Refinery Consortium (AGRC) is set to make a final investment decision next year on the construction of refinery for oil from fields near Lake Albert.

Uganda’s energy minister hopes FID on refinery for Lake Albert crude oil will be made next year

22 March 2022

Uganda’s Energy Minister Ruth Nankabirwa says the Albertine Graben Refinery Consortium (AGRC) is on track to make a final investment decision (FID) next year on the construction of an oil-processing plant.

IPMAN submits fuel retailers’ reports on contaminated gasoline shipments to Nigerian government

22 March 2022

A Nigerian fuel marketers' group has submitted a collection of reports on the financial and operational setbacks resulting from the accidental import of contaminated gasoline to the government.

Eco Atlantic revises CPR to cover all assets offshore Guyana, Namibia, South Africa

21 March 2022

UK-based Eco (Atlantic) Oil & Gas said on March 21 that it has revised its competent person's report (CPR) to cover all of its assets offshore Guyana, Namibia and South Africa.

Eni, Sonatrach report new oil discovery at HDLE-1 well in Algeria

21 March 2022

Eni (Italy) and its partner Sonatrach (Algeria) have discovered sizeable new reserves of crude oil and associated gas in the HDLE-1 exploration well drilled at Zemlet el Arbi licence in the Berkine North basin.

AfDB: Africa attracts $33bn worth of investment interest at global forum

21 March 2022

A forum to promote investment into Africa has attracted $32.8bn in potential investment, according to the African Development Bank (AfDB).

Ghana: Tullow completes acquisition of additional shares in Jubilee, TEN oilfields from Occidental

21 March 2022

Tullow Oil (UK/Ireland) reported on Monday (March 21) that it had finalised its acquisition of additional stakes in the Jubilee and Tweneboa-Enyenroa-Ntomme (TEN) oilfields offshore Ghana.

Kenyan official says government is working to keep fuel prices under control

21 March 2022

Kenya’s National Treasury Secretary Ukur Yatani asserted on March 17 that the government was working actively to keep the domestic fuel market under control, despite widespread complaints about rising prices.

Tullow wins Supplier Development Award from Ghana’s Absa Bank

21 March 2022

Ghana’s Absa Bank has named Tullow Oil (UK/Ireland) as the recipient of its Supplier Development Award, hailing the company’s commitment to the use of local content.

PAET head calls for expanding use of CNG as automotive fuel in Tanzania

21 March 2022

The head of Pan African Energy Tanzania Ltd (PAET), a subsidiary of Tanzania’s Orca Energy, has suggested that Tanzanian authorities take steps to expand the use of CNG as an automotive fuel.

Ghana's BOST could buy Nigerian oil for TOR refinery to help reduce fuel prices - energy committee MP

18 March 2022

He urged the government to consider scrapping some taxes off fuel prices.

India's IOCL mooting investment in Tullow project in Kenya

18 March 2022

Indian Oil Corporation Ltd (IOCL) is weighing the viability of investing in the $3.4bn project of Tullow Oil Plc in Turkana, northwestern Kenya.

Sudan: Armed groups threaten workers at West Kordofan oilfields, workers say

16 March 2022

Oilfield workers in the Balila area of Sudan’s West Kordofan state told Radio Dabanga earlier this week that that an armed group had targeted their work sites.

Tlou, Zismo partner on transmission line construction for Botswana’s Lesedi project

16 March 2022

Tlou Energy, a Botswana-based clean energy company, has signed a contract for the construction of a transmission line for the Lesedi power project with Zismo Engineering, a local electrical engineering contractor.

AfrElec: Tlou, Zismo partner on transmission line construction for Botswana’s Lesedi project

16 March 2022

Tlou Energy, a Botswana-based clean energy company, has signed a contract for the construction of a transmission line for the Lesedi power project with Zismo Engineering, a local electrical engineering contractor.

Ghana: huge fuel price hike looms, COPEC threatens demonstration

16 March 2022

The Chamber for Petroleum Consumers, Ghana (COPEC) has threatened to embark on a demonstration, if nothing is done about the persistent spike in the prices of fuel by Friday.

AfrOil: Eni, BP finalise plan for Azule JV in Angola

15 March 2022

Eni and BP have finalised an agreement first announced in May 2021 to form an independent joint venture in Angola.

Edited by

Jennifer deLay

Editor

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