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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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UK lawsuit against EACOP threatens Uganda's energy future, AEC says
The African Energy Chamber has criticised a legal challenge against the East African Crude Oil Pipeline in the UK High Court, arguing that Uganda’s energy future should be decided by its own institutions rather than foreign courts.
Afreximbank approves $200mn facility for Algeria’s Hassi Bir Rekaiz oil project
African Export-Import Bank (Afreximbank) has approved a $200mn revolving facility for Shoreline Power Company and its co-borrowers to support work on the $980mn Hassi Bir Rekaiz oilfield expansion in Algeria.
Egyptian Gupco crude oil production reaches its highest level since 2019
Egypt’s Gulf of Suez Petroleum Company (GUPCO) has increased its crude oil production to 71,250 barrels per day (bpd) in July, up from approximately 65,000 bpd at the start of the year
Egypt holds talks with global energy majors to secure long-term LNG supplies
Egypt is currently in talks with leading international energy companies to purchase between 15 and 18 shipments of liquefied natural gas (LNG) per month under agreements spanning three to five years
Nigeria returns 13 oil blocks to licensing pool after failed bids
Nigeria will return 13 oil and gas blocks to its licensing pool after they failed to attract bids in the country’s 2025 upstream licensing round, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said.
Halliburton commits $15mn to train Ghana's future oil engineers
Halliburton Ghana Operations Limited has pledged an estimated $15mn in software, training and academic support to build up Ghana's petroleum engineering talent, under a new partnership with the Petroleum Commission and KNUST.
Nigeria stays on track for 3mn bpd oil output target by 2030
Nigeria remains on course to increase crude oil production to 3mn barrels per day by 2030 as regulatory reforms, faster approvals and renewed investment continue to support a recovery in upstream activity
Oregen Energy appoints Michael Simpson to board as it advances Namibia exploration strategy
Canadian oil and gas investor Oregen Energy has appointed energy policy and regulatory specialist Michael Simpson to its board of directors as the company advances its offshore exploration interests in Namibia's Orange Basin.
ECOWAS countries sign intergovernmental accord for $25bn Nigeria–Morocco gas pipeline
Member countries of the Economic Community of West African States (ECOWAS) have signed an intergovernmental agreement governing the development of the 6,900km Nigeria–Morocco African Atlantic Gas Pipeline (AAGP)
Canadian firm ReconAfrica reports first onshore hydrocarbon flow in Namibia
Reconnaissance Energy Africa has produced hydrocarbons to the surface during production testing at its Kavango West 1X discovery well, marking what the company described as the first successful onshore hydrocarbon flow in Namibia.
Nigeria warns new oil licence holders to develop blocks or risk forfeiture
Nigeria’s upstream regulator has told companies awarded oil licences in recent bidding rounds to begin exploration and development or risk forfeiting undeveloped blocks under the country’s “drill or drop” rules.
South Sudan seeks fresh investment as reforms target oil sector growth
The African Energy Chamber has conducted a working visit to Juba, South Sudan, to identify opportunities for attracting foreign investment as the country strives to revive its oil industry and pursue reform across the energy sector.
West African leaders back $25bn Nigeria-Morocco gas pipeline
West African leaders have endorsed the planned $25bn Nigeria-Morocco gas pipeline, advancing a 6,800-kilometre project designed to connect 13 African countries and potentially supply gas to Europe.
OPEC reflects on its superpower era
War‑time disruption, sanctions and the UAE’s exit have exposed the limits of OPEC’s market power, leaving the cartel more constrained, more reactive and less central to price formation
Libya approves development of 195mn-barrel Cyclone Oil Field in Sirte Basin
Libya’s National Oil Corporation (NOC) has declared the commercial viability of the Cyclone Oil discovery in Concession 103 within the Sirte Basin, clearing it for immediate development
Algeria’s energy major Sonatrach signs gas supply deal with Germany’s VNG
Algeria’s state-owned energy major Sonatrach and German energy firm VNG have signed a new natural gas supply agreement to expand gas volumes and secure energy infrastructure ties
OPEC takes aim at the IEA over oil and gas forecasts
OPEC warns that pessimistic demand forecasts and financing restrictions risk deterring oil and gas investment.
Shell awards $518mn contracts to 123 Nigerian firms in 2025
Shell (LSE: SHEL, NYSE: SHEL) awarded contracts worth $518mn to 123 indigenous companies in Nigeria in 2025, as the company expanded local participation across its oil and gas operations and supply chain
Italian oil giant Eni urges Mozambican firms to boost competitiveness for gas contracts
Italian energy company Eni has urged Mozambican businesses to strengthen their competitiveness rather than rely on local content regulations if they are to secure contracts linked to the country's liquefied natural gas (LNG) projects.
Africa's LNG ambitions gather pace amid record global trade, says IGU report
Africa is steadily carving out a more prominent role in the global LNG industry.
Kenya's planned Dangote refinery faces early opposition over environmental concerns
Plans by Dangote Industries to build what would be East Africa's largest oil refinery in Kenya's coastal Lamu County are facing early resistance from environmental organisations and sections of the local community, raising fresh questions
Angola’s oil reforms offer lessons for Algeria’s upstream investment drive
Algeria could strengthen its oil and gas sector by adopting some of the regulatory reforms that helped revive Angola's upstream industry.
Mozambican fuel group Petromoc triples 2025 profit despite lower sales
Mozambique's state-owned fuel company, Petromoc, almost tripled its net profit in 2025 despite a decline in fuel sales, supported by higher operating gains and reversals, according to financial statements published on July 14 and reported by Lusa.
Mozambique expects ExxonMobil LNG investment decision in September
Mozambique expects ExxonMobil to take a final investment decision (FID) on its Rovuma Liquefied Natural Gas (LNG) project in September, President Daniel Chapo said.
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