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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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PIAC reports on Ghanaian oil revenues
Ghana’s Public Interest and Accountability Committee revealed last week that the country has collected more than $6.5bn in oil revenues since 2011, when its first crude oil deposit began commercial production.
DNG, Masana unveil plans for pilot LNG project targeting transport sector
DNG Energy of South Africa is expanding its effort to promote the use of LNG as a transport fuel through the launch of a pilot project with Masana Petroleum Solutions, one of its own subsidiaries.
South African companies Sasol and Imperial partner to develop hydrogen in Southern Africa
South African companies Sasol and Imperial Logistics will partner to develop southern Africa’s hydrogen mobility ecosystem.
AfrOil: Nigeria establishes NNPC Ltd as new NOC
Nigerian President Muhammadu Buhari has issued an order authorising the incorporation of Nigerian National Petroleum Corporation Ltd (NNPC Ltd), in line with the recently signed Petroleum Industry Act.
Algeria aims to invest $10bn in oil and gas sector next year
Algeria’s government intends to raise the amount of money invested in the oil and gas industry by more than 35% next year, according to Prime Minister Ayman Benabderrahmane.
DNG Energy, Imperial Logistics unveil plan for pilot LNG project
DNG Energy of South Africa has teamed up with Imperial Logistics, another local company, for a pilot project that will test the use of LNG as an alternative to diesel in the transport sector.
Namibian MP urges government to require ReconAfrica to build refinery
Themistokles Murorua, a member of Namibia’s lower house of Parliament, has urged Windhoek to demand that ReconAfrica (Canada) build a refinery as it proceeds with the development of crude oil reserves in the Kavango basin.
Kinetiko Energy gears up for three-well Amersfoort drilling programme
Australia’s Kinetiko Energy is set to begin work on a three-well drilling programme in the vicinity of the Amersfoort coal-bed methane collection terminal south-east of Johannesburg early in the fourth quarter of 2021.
Ugandan government draws up EACOP tax bill
Uganda’s government has drafted a law designed to establish a fixed legal framework for taxation of the East Africa Crude Oil Pipeline (EACOP), which will pump crude from fields near Lake Albert to the Tanzanian coast.
Montfort acquires assets in East Africa
Montfort, an international commodities trader, is working to establish a foothold in East Africa through the acquisition of local assets.
Sonangol reveals details of IPO plan
Sonangol, the national oil company of Angola, has revealed details of its plan to issue an initial public offering of stock.
Aramco in talks for South Sudan supply deal
Protesters reportedly block more Libyan crude loading
AfrOil: Sonangol looks ahead to IPO
Sonangol, the national oil company of Angola, has revealed details of its plan to issue an initial public offering of stock.
Cairn Energy expects to complete acquisition of Shell Egypt’s Western Desert assets in Q3 2021
Egypt’s Badr-1 field’s production hits 1.5mn boe during 2020/2021
ONGC reportedly eyes Sangomar oil project
India’s state-run Oil and Natural Gas Corp. (ONGC) is reportedly in talks with Australian developer Woodside Energy over the acquisition of a stake in the offshore Sangomar oil project in Senegal.
Petrobel total production reached 93mn barrels of oil equivalent per day in fiscal year 2020/21
Sasol, CEF sign MoU on development of domestic gas sector
South Africa’s Sasol has teamed up with Central Energy Fund (CEF), a government-run developer of energy solutions, to expand the domestic natural gas sector.
ONGC Videsh may join RSSD JV
India's ONGC Videsh may seek to acquire a minority stake in RSSD, the joint venture set up to explore and develop Sangomar, an oil-bearing block offshore Senegal.
Truckers’ strike leads to fuel shortages in South Sudan
South Sudan has begun experiencing fuel shortages following protests by truck drivers over inadequate security along the roads used to import petroleum products and other goods.
IPO at the heart of NNPC’s plans
Nigeria officially recognises Anambra as oil-producing state
Nigeria’s Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has recognised Anambra as the country’s 11th oil-producing state, putting to rest an ongoing bureaucratic dispute.
Another East African pipeline faces ESG challenges
Turkana County authorities have continued to fight Kenya’s government over land acquisition for the oil pipeline component of the LAPSSET project.
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