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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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Nilepet-Rafinat JV launches new refinery in Unity State
Bentiu, a joint venture formed by Russia’s Rafinat and Nilepet, the national oil company (NOC) of South Sudan, has brought a new refinery on stream in Unity State.
Italy’s Eni takes over Union Fenosa Gas equity ownership in Egypt’s Damietta LNG producing facility
Tema LNG seen receiving its first cargo soon
Tema LNG Terminal Co. (TLTC), the owner of a new LNG terminal at the Ghanaian port of Tema, may be able to start commercial operations before the end of this month.
Sonangol exec comments on likely value of upcoming IPO
Baltazar Miguel, the executive administrator of Angola’s national oil company (NOC) Sonangol, said last week that plans for the partial privatisation of his company might generate at least $6.5bn in revenues.
NOC chief sees Libyan oil production topping 2mn bpd in four years
Mustafa Sanalla, the head of Libya’s National Oil Corp. (NOC), says his country is capable of pushing crude production levels above 2mn barrels per day (bpd) within the next four years.
Sonatrach touts new long-term gas marketing strategy
Algeria’s national oil company (NOC) Sonatrach is developing a new long-term marketing strategy for its natural gas in response to increased competition for market share.
SFF, PetroSA, iGas set to complete merger on April 1
South Africa’s Department of Mineral Resources and Energy (DMRE) has said that the country will launch the new entity formed via the merger of three state-run firms – iGas, PetroSA and the Strategic Fuel Fund (SFF) – on April 1.
DPR authorises installation of FLNG unit at Yoho oilfield
Nigeria’s Department of Petroleum Resources (DPR) has reportedly authorised a contractor working for ExxonMobil (US) and Nigerian National Petroleum Corp. (NNPC) to install a floating LNG (FLNG) unit at the Yoho oilfield.
Sudanese officials say security problems disrupted oil production in 2020
Hamid Suleiman, the undersecretary of Sudan’s Energy and Mining Ministry, said last week that the country’s oil industry had sustained more than $3mn in losses last year because of disruption and downtime related to security threats of all kinds.
Angola set to name winner of Soyo refinery contract on March 15
Angola’s Ministry of Mineral Resources and Petroleum (MIREMPET) is slated to name the winner of a tender for the construction of a new refinery in Soyo early next week, on March 15.
Kenya puts Lokichar-Lamu pipeline back on the table
Under pressure in Uganda
Total's CEO says his company is aware of the risks posed by its work at the Tilenga oilfield and its plans to build the East Africa Crude Oil Pipeline (EACOP).
OPEC+ largely maintains cuts with new deal
Attah urges NLNG to consider expansion on a larger scale
Nigeria LNG (NLNG) should consider more ambitious plans for expansion, according to Tony Attah, the consortium’s managing director.
Egypt’s GUPCO allocates $562mn to invest in new and existing oilfield facilities in 2021
Fossil fuels’ future role in the spotlight
The future role of fossil fuels in a decarbonising world was being examined at the CERAWeek by IHS Markit conference this week.
Gasmeth set to begin CNG production in Rwanda by end-2022
Gasmeth, a company founded to extract methane from Lake Kivu in Rwanda, has said it expects to begin turning out CNG by the end of next year.
NOC wins Ras Lanuf refinery arbitration case
UN seeks information on Chinese companies’ handling of South Sudan oil revenues
The UN reportedly has raised questions about Chinese companies’ handling of revenues from oil production in South Sudan.
AKK pipeline project under scrutiny
Mele Kyari, the group managing director of NNPC, has sounded an upbeat note on the Ajaokuta-Kaduna-Kano (AKK) pipeline, saying that work on this domestic natural gas artery is moving forward. However, the project has drawn some unwelcome attention.
Sasol announces FID on Pande-Temane gas project
South Africa’s Sasol is looking to push forward with the development of Pande and Temane, two onshore natural gas fields in neighbouring Mozambique.
NGOs seek to discourage banks from providing credits for EACOP
Hundreds of non-governmental organisations (NGOs) have signed an open letter asking commercial banks not to provide any funding for the construction of the East Africa Crude Oil Pipeline (EACOP).
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