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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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LPG consumption rising in Zimbabwe due to inadequate power supplies, energy regulator says
African gas pipeline projects revived due to European gas crisis
A mounting gas crisis in Europe caused by Russia’s decision to reduce flows has revived several African gas pipeline projects to take over from the Russian deliveries.
Ethiopia's government denies fuel shortage amid humanitarian aid delays
Ethiopia has denied a report by the European Union which stated that a lack of fuel is preventing the delivery of humanitarian aid to Tigray, the famine-struck region in the north of the country.
Ghana Oil net profit up 9% y/y to $12.5mn
AfrOil: First gas loaded into Coral Sul FLNG
The Coral South LNG consortium is on track to begin producing LNG on schedule in the second half of 2022, as it has begun loading natural gas into the Coral Sul floating LNG vessel.
Scirocco Energy chair urges shareholders to back Tanzania divestment deal at upcoming EGM
Global Petroleum talks up PEL 94 farm-out plans in Namibia
AIM-listed Global Petroleum said it had observed rising interest in Namibian opportunities among IOCs in the course of its effort to farm out a stake in PEL 94, an offshore licence area in the Walvis basin.
Eco Atlantic to spud Gazania-1 well offshore South Africa in September
UK-based Eco (Atlantic) Oil & Gas and its partners in Block 2B offshore South Africa are gearing up to spud the Gazania-1 exploration well before the end of the third quarter.
AIM-listed Savannah Energy subsidiary Accugas begins gas sales to FPIL’s power plant in Nigeria
Ghana faces possible fuel shortage as central bank rations US dollars
The country’s monthly fuel import bill rose from $250mn in January to $450mn in May, the report noted, citing two anonymous sources.
Egypt, Syria, Lebanon sign long-promised gas supply contract
Egypt, Syria and Lebanon have signed a long-promised natural gas supply contract under which Egypt will use the Arab Gas Pipeline, which crosses Jordan and Syria, to deliver 650mn cubic metres per year of gas to Lebanon.
United Oil & Gas spuds Al Jahraa-14 development well at Abu Sennan onshore Egypt
United Oil & Gas (UOG) announced on June 21 that it had spudded the Al Jahraa-14 (AJ-14) development well at Egypt's onshore Abu Sennan licence area.
Ghanaian energy think tank urges President Akufo-Addo to save Tema refinery
The Institute for Energy Security (IES), an Accra-based think tank, has urged Ghana’s President Nana Addo Dankwa Akufo-Addo to save the state-owned Tema Oil Refinery (TOR) from collapse.
Chevron signs MoU with EGAS on infrastructure for East Med gas transport, export
Chevron signed an MoU with state-owned EGAS on June 20 concerning co-operation in the transportation of natural gas from East Mediterranean fields to Egyptian LNG plants.
Burkina Faso: IFC, local energy firm Sodigaz deepen partnership to supply clean, reliable energy
South African energy minister’s call to buy cheap Russian crude criticised by opposition
South Africa: Energy Minister Mantashe’s call to buy cheap Russian crude critised by opposition
Islamic State takes credit for fatal attack on Mozambique mine, hits district as President Filipe Nyusi visits
Nigeria: NCDMB, NEXIM Bank establish $40mn Women in Energy Fund
Nigeria: NCDMB, NEXIM Bank establish $40mn Women in Energy Fund
Eni says first volumes of gas have been loaded into Coral Sul FLNG offshore Mozambique
The Coral South LNG consortium is set to begin producing LNG on schedule in the second half of 2022, as it has begun loading natural gas into the Coral Sul FLNG vessel at Area 4 offshore Mozambique.
Eyes on African refining as fuel pinch persists
Kenya to adjust refined oil product prices to phase out subsidies
Kenya intends to phase out the subsidy of petroleum products to create fiscal space for the government to support targeting spending on productive sectors.
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