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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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Libya prepares to restart pipeline, but labour dispute may interfere with exports
Libya’s National Oil Corp. (NOC) is working to resume regular shipments of crude oil from fields in the Sirte basin to the coastal terminal of Es Sider, but an ongoing labour dispute may complicate its efforts.
Heavily indebted Zambia slashes fuel tax to ease shortages
A look back at Nigeria’s “Year of Gas”
Nigeria’s grand plans for the "Year of Gas" were disrupted but not derailed by the pandemic.
Algeria’s Sonatrach plans to invest $40bn over the next 5 years
East Med players to build gas pipeline for Egypt flows
Sudan to help South Sudan boost oil production
South Sudan has agreed to accept assistance from its northern neighbour Sudan as it works to increase production rates at oilfields in the northern part of the country.
NRG: LNG spikes, political swings and new technologies
Sonangol set to sell off stakes in two foreign assets this year
Angola’s national oil company (NOC) Sonangol is due to begin the process of divesting its stakes in two foreign assets before the end of this year.
Kenyan MPs to seek update on Uganda’s Entebbe terminal project
The Kenyan National Assembly’s Public Investments Committee (PIC) is gearing up to seek more information about Uganda’s plans for completing its part of a planned network of fuel terminals on the coast of Lake Victoria.
Nigerian company acquires 45% of OML 17 from Shell, Total, Eni
TNOG Oil & Gas, a company established by Heirs Holdings and Transnational Corp. of Nigeria (Transcorp), has completed the acquisition of a 45% equity stake in Oil Mining Lease 17 (OML 17).
Shell, NNPC subsidiaries sign domestic gas supply deal
Shell Nigeria Gas (SNG), an affiliate of Royal Dutch Shell (UK/Netherlands), has signed a 20-year domestic natural gas supply agreement with a subsidiary of Nigerian National Petroleum Corp. (NNPC).
Guinea-Bissau confirms negotiations with Senegal on sharing of joint fields
Umaro Sissoco Embaló, the president of Guinea-Bissau, said his administration was in negotiations with Senegal on the joint development of oil and gas discoveries straddling the maritime border between the two countries.
Pipeline leak causes Libyan oil output to dip
Libya’s National Oil Corp. (NOC) said on January 16 that the country’s crude oil production had dropped by around 200,000 bpd following the shutdown of a key pipeline.
Botswana downplays risk of fuel shortages
Mmetia Masire, the permanent secretary of Botswana’s Ministry of Mineral Resources, Green Technology and Energy Security, said last week that he did not expect South African refinery outages to lead to fuel shortages in his own country.
NNPC attracts 96 bids for pipeline rehabilitation
Egypt made a record number of hydrocarbon discoveries in 2020, boosting oil output to an all-time high
Libyan power plants still need gas
Despite the rapid recovery in its oil production, Libya is still working to ensure fuel deliveries to GECOL's power plants.
PwC: Low prices may reduce African oil export revenues by $1 trillion
Oil-producing states in Africa are likely to miss out on $1 trillion in crude export revenues over the next two decades, according to PricewaterhouseCoopers (PwC).
Refinery closures set to increase South Africa’s dependence on fuel imports
Refinery closures are likely to make South Africa more dependent on petroleum product imports in the near term, according to Citac, a UK-based consultancy that monitors Africa’s downstream sector.
Analyst: LNG construction sites key to fighting in Mozambique
Construction sites for onshore facilities related to a large-scale LNG project are a focal point of the campaign by Islamist insurgents to seize control of Mozambique’s northern Cabo Delgado Province, according to a Verisk Maplecroft analyst.
NRG: Pushing ahead with plans
Companies and countries alike are taking steps forward with various oil and gas plans, though some continue to tread carefully in uncertain market conditions.
FAR delays shareholder discussion of planned Sangomar stake sale
Australia’s FAR Ltd has pushed the date of a shareholders meeting to discuss the planned sale of a stake in RSSD, the joint venture that aims to develop the Sangomar oilfield offshore Senegal, back from January 21 to February 18.
Senegal pushes start date for GTA gas production back to 2023
Senegal’s Oil Minister Sophie Gladima revealed last week that investors in the Grand Tortue/Ahmeyim (GTA) project had pushed the start date for natural gas production back to 2023.
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