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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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NRG: Cautious steps forward
Welcome to the seventh edition of NewsBase’s Roundup Global (NRG), in which our team of international editors provide you with a snapshot of some of the key issues affecting their regional beats.
Chariot Oil & Gas may export Moroccan gas to Spain
Chariot Oil & Gas (UK) said last week that it was looking into the possibility of exporting natural gas from Morocco’s offshore zone to Spain.
Renergen, Total team up for LNG marketing and distribution programme
South Africa’s Renergen is working with a subsidiary of France’s Total on the marketing and distribution of LNG.
Sasol objects to reports of overstated recoverable costs in Mozambique
South Africa’s Sasol has denied claims that it significantly overstated its recoverable costs for projects in Mozambique.
Ethiopia reports fuel consumption levels down because of pandemic
The head of the Ethiopian Petroleum Supply Enterprise (EPSE) noted last week that domestic petroleum product consumption had declined significantly as a result of the coronavirus pandemic.
Nigeria’s cost considerations
NNPC is pushing to bring the cost of production down from highs of over $90 per barrel, and it sees local partners’ personnel expenses as a major part of the problem.
ReconAfrica secures exploration licence for Kavango Basin in Botswana
Canada’s ReconAfrica has secured a licence for a 9,921-square km area in north-western Botswana.
Libya’s NOC loses hold on El-Feel site
Libya’s National Oil Corp. (NOC) has once again lost control of El-Feel, one of the largest oilfields in the country. In a press statement dated June 10, the company confirmed reports to that effect.
NRG: Looking beyond the crisis
Liberia, Nigeria talk up local content initiatives
Nigeria and Liberia are talking up their efforts to encourage local companies to contribute to oil and gas projects.
Algerian energy minister says Sonatrach is revising gas export strategy
Algeria is retooling its gas export strategy in the hope of remaining "the preferred supplier" of gas to Europe.
Audit shows Sasol may owe back taxes in Mozambique
South Africa’s Sasol may owe back taxes in Mozambique, where it has allegedly overstated its recoverable costs.
South Africa to merge state oil, gas firms
Is Libya the new Syria?
In brazen move, Russia flies squads of fighter jets to desert airfields after Moscow-allied rebel commander is pushed back by Turkish-backed forces in civil war. US now worried Kremlin might shape the conflict.
Dangote to inaugurate new $2bn Nigerian urea unit
Nigeria issues licence to small-scale refinery
Nigeria comments on OPEC+ production quota compliance
Nigeria has conceded that it did not implement all the production cuts stipulated in a previous OPEC+ group agreement, but it has also pledged to comply with the limits imposed under a new accord.
Aker Energy says it remains committed to Ghana’s Pecan project
Aker Energy said last week that it was determined to find a way to proceed with the phased development of the Pecan oilfield offshore Ghana.
Mozambique says COVID-19 outbreak under control at Total work camp
Mozambican authorities have given Total a green light to resume the construction of a gas liquefaction plant in Cabo Delgado Province.
Shoots of recovery begin to show
Libya’s NOC says El-Feel is back online
Within the last week, Libya’s National Oil Corp. (NOC) has succeeded in resuming development operations at El-Feel, one of the country’s largest oilfields, and has also suffered setbacks at Sharara, another major site.
Total accepts Tanzania’s request to speed up work on EACOP
The government of Tanzania has informed France’s Total that it wants to fast-track the construction of the East African Crude Oil Pipeline (EACOP).
Tullow wraps up early oil programme in Kenya
Tullow Oil (UK/Ireland) and its partners have brought their early oil production scheme (EOPS) in Kenya to a halt without exporting all of the crude they have extracted from fields in the Lokichar Basin.
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