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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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Ghana tightens fuel controls as upstream petroleum revenue misses target
Ghana plans tighter controls on refined petroleum movements, bunkering and customs procedures after upstream oil and gas revenue fell about 31% below target in the first half of 2026.
Mozambique aims to turn LNG investment into broader economic growth
Mozambique is seeking to convert more than $50bn of planned LNG investment in the Rovuma Basin into long-term economic growth by expanding local industry, creating jobs and strengthening the role of domestic businesses.
SERAP sues Nigeria's NNPCL to get records explaining $155bn in receivables, liabilities
SERAP has sued the Nigerian National Petroleum Company Limited (NNPCL) seeking detailed records explaining more than $155bn in receivables and liabilities reported in the state-owned oil company’s 2023 audited accounts.
Somali pirates hold hijacked Tanzanian-flagged tanker after Gulf of Aden seizure
A Tanzanian-flagged fuel and chemical tanker seized in the Gulf of Aden last week has been taken into Somali waters and is now being held by suspected Somali pirates, according to residents in Somalia's semi-autonomous Puntland region
Nigerian Navy detains vessel and 12 crew over suspected oil theft
The Nigerian Navy has detained a vessel and its 12 crew members after recovering about 682.82 metric tonnes of suspected stolen petroleum products during an intelligence-led operation in Akwa Ibom State
OPEC and the next surplus
A post-war return of constrained barrels could tip today’s uneasy balance into oversupply, forcing OPEC+ back into a market-share struggle it may no longer control.
Egyptian petroleum product exports top $2.3bn in H1 2026
Egypt’s petroleum product exports reached over 2.3mn tonnes during H1 2026, generating nearly $2.3bn and matching the total export volume achieved in all 2025
BP to add 80mn cubic feet of gas daily from offshore Mediterranean well
Egypt’s petroleum sector, in partnership with British energy major BP (LSE:BP), is preparing to bring the North Fayoum-4 offshore well in the Mediterranean Sea into production
Indian group Vulcan invests $160mn to electrify Mozambique coal mine
Miner Vulcan has invested about $160mn to electrify its Moatize coal mine in Mozambique, a move aimed at cutting diesel consumption, improving operational efficiency and reducing the environmental footprint of one of Africa's largest coal operations.
Nigeria’s 2025 oil licensing round triggers multi-million-dollar tie-breakers
Nigeria’s 2025 oil and gas licensing round produced several tie-breaker contests, with companies raising signature bonus offers by millions of dollars to secure preferred or reserve positions for upstream assets.
Germany launches programme to commercialise Nigeria’s flared gas
Germany has launched a programme to help Nigeria recover value from gas flaring, which costs the country an estimated $1.5bn annually while contributing to greenhouse gas emissions
Capstone Energy+ to deploy flare gas recovery turbine at Gabon oilfield
Capstone Energy+ has signed a 36-month lease with Maurel & Prom to supply a 600-kilowatt microturbine for flare gas recovery at an onshore oilfield in Gabon.
Eco Atlantic advances Namibia, Guyana and South Africa exploration partnerships
Eco (Atlantic) Oil & Gas said it made significant progress across its Atlantic Margin exploration portfolio during the financial year ended March 31, as agreements with BP and Navitas Petroleum advanced projects in Namibia, Guyana and South Africa.
US-based Quantum Capital eyes long-term energy portfolio in Egypt
US energy investment firm Quantum Capital Group is exploring investment opportunities across Egypt’s oil and gas sector with plans to build a long-term investment portfolio
Mozambique eyes over $50bn energy investment to drive industrialisation
Energy projects under development in Mozambique's Rovuma Basin represent investments exceeding $50bn, with the government seeking to use the developments to accelerate industrialisation, create jobs and strengthen local businesses, AIM reports.
Brent tops $100 as Houthi strikes on Saudi tankers threaten Red Sea route
Brent crude broke $100 a barrel on July 23 for the first time since May 26 after Houthi forces struck two Saudi tankers in the Red Sea, threatening the export route Riyadh has used to bypass the closed Strait of Hormuz.
D3 Energy starts two-well helium drilling programme in South Africa
Australian helium and natural gas explorer D3 Energy (ASX:D3E) has started a two-well drilling programme at the Nooitgedacht area of its wholly owned ER315 permit in South Africa’s Free State province.
TGS, Ghana launch seismic imaging project for underexplored Keta Basin
Norwegian energy data group TGS (OSE:TGS) has signed an agreement with Ghana’s Petroleum Commission to create a unified 3D seismic volume over the offshore Keta Basin, as the country seeks to revive exploration and reverse declining oil production.
Saipem wins $260m Eni drilling contract in Côte d’Ivoire
Saipem has secured a contract worth about $260m from Eni (BIT: ENI) to provide offshore drilling services in Ivory Coast, with operations expected to begin in early 2027
Madagascar fuel import reform raises Russian oil sanctions concerns
Fuel distributors warn that Madagascar’s proposed expansion of state control over petroleum imports could expose companies and customers to products supplied by sanctioned entities, particularly if the country deepens energy ties with Russia.
Aminex seeks resolution after operator proposes work programme changes to Tanzania gas project
Tanzania-focused upstream oil and gas company Aminex is in talks with its partners to resolve a dispute over the development of Tanzania’s Ntorya gas field after the project’s operator proposed cutting this year’s work programme.
Tanzania’s Taifa Gas nears completion of $124mn Mombasa LPG terminal to challenge Kenya import duopoly
Taifa Gas, Tanzania's largest LPG distributor, controlled by billionaire Rostam Aziz, is nearing completion of a $124mn import and storage terminal in Kenya's port city of Mombasa, a project that will introduce a third major
Egypt approves four oil and gas exploration agreements to increase energy output
Egypt’s House of Representatives has approved four oil and natural gas exploration and development agreements, including an onshore project in North Sinai involving French-British independent producer Perenco
Nigeria names preferred bidders for 37 oil and gas blocks
Nigeria has selected 31 companies as preferred bidders for 37 oil and gas blocks offered under its 2025 Licensing Round, concluding the commercial bidding stage of an eight-month process intended to attract investment and boost hydrocarbon production
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