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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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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.
FRU arrives at Ghana LNG terminal
NNPC eyes $1bn prepay deal to fund refining revamp
Egypt offers $950mn in loans to convert cars to gas
Drilling resumes at Mozambique's Coral FLNG
Nigeria begins another year without a new oil and gas law
Industry observers are keen to see the Nigeria's PIB passed soon – and are also coming forward with criticism of the bill now under discussion.
Nigeria set to begin following EITI disclosure requirements
Nigeria is reportedly ready to uphold new disclosure requirements set by the Extractive Industries Transparency Initiative (EITI) that took effect on January 1, 2021.
Sudan's sole oil refinery begins maintenance
Waltersmith secures Seplat oil for Nigerian refinery
Kenya, Eni discuss biofuel production in Mombasa
Nigeria’s DPR shortlists 161 companies in marginal field auctions
Nigeria’s Department of Petroleum Resources (DPR) has shortlisted 161 companies in its Marginal Oilfield Bid Round.
Total asks some staff to vacate Mozambique LNG site on safety concerns
France’s Total is reported to have asked some of the staff working on the construction of Mozambique LNG to vacate the site on security concerns.
A long, strange year: 2020 in review
NewsBase’s editors are marking the start of 2021 with a review of how each of the regions covered by our organisation was affected by the events of the past 12 months.
ANPG to launch onshore bidding round on April 30
Angola’s National Oil, Gas and Biofuels Agency (ANPG) has set a new date of April 30 for the launch of its next onshore licensing round, which had originally been due to take place in May 2020.
NRG: Energy markets edge cautiously into a new year
Concerns about energy demand and OPEC+ production quotas continue to exert pressure on oil prices, despite the debut of the COVID-19 vaccine
Ethiopia preparing to scrap GTL contract following probe
Ethiopia’s Ministry of Mines and Petroleum has announced plans to exit the contract it signed with US-based GreenComm Technologies last April for the construction of a new gas-to-liquids (GTL) plant in the Somali region.
Supply disruptions in Algeria contribute to LNG market tightness
In Algeria, the port of Arzew, which is home to the GL3Z LNG complex, had been at a standstill for about 10 days as of December 11 owing to bad weather.
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