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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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Sudan plans to shut down oil facilities in Port Sudan due to RSF attacks
The country’s energy minister Mohieddien Saied said the RSF attacks have severely affected oil production and export capabilities. The attacks have undermined both Sudan and South Sudan economically.
Zimbabwe, Mozambique sign deal to enhance energy sector collaboration
Zimbabwe and Mozambique have signed an agreement to facilitate collaboration in electricity, petroleum and renewable energy sectors, NewsDay reported on May 8.
South Africa’s gas sector development hindered by legal challenges
Constant legal opposition to oil and gas exploration and production continues to hinder the development of South Africa’s gas economy.
Ghana to build second gas plant to boost regional energy exports
Ghana will construct a second gas-processing plant to strengthen domestic energy supply and boost regional exports, the country’s Minister for Energy and Green Transition, John Abdulai Jinapor, announced.
UAE reportedly to co-fund $25bn Nigeria–Morocco gas pipeline project
The UAE has joined countries and institutions that have shown interest in funding the $25bn Nigeria–Morocco gas pipeline project, days after the US showed a similar interest.
ExxonMobil pledges $1.5bn to revitalise Nigeria’s deepwater oil production
ExxonMobil has pledged $1.5bn to boost Nigeria’s deepwater oil exploration and production, signalling renewed confidence in the country’s upstream sector and dispelling speculation about the company’s potential exit from the market.
US oil services firm Weatherford resumes operations in Libya after ten-year suspension
Libya’s state-owned National Oil Corporation (NOC) announced the return of the US oil services company Weatherford to active operations in Libya after more than a decade of work suspension.
AEC encourages Namibia to add fiscal stability clause to petroleum contracts with investors
Namibia must prioritise fiscal stability for its oil and gas investors and fast-track its significant oil discoveries towards final investment decisions
Legal victory for Renergen brings regulatory clarity to South Africa’s gas sector
South African natural gas and helium producer Renergen has achieved a landmark legal victory that brings much-needed regulatory clarity to South Africa’s petroleum sector.
Escalated tensions in Port Sudan to affect South Sudan’s resumed oil exports
Drone attacks and escalated struggles in Port Sudan are expected to affect South Sudan’s main oil exports, a few days after the country announced the repair of its oil pipeline. Port Sudan is currently under attack by Sudan’s paramilitary RSF.
Nigerian Warri refinery staff shut down operations over ‘workplace slavery’
Support workers of the Warri Refining and Petrochemical Co. (WRPC) in Nigeria’s Delta State have staged a protest against alleged “workplace slavery,” halting all operations at the 125,000bpd plant on May 5.
Tanzania seeks to greenlight $42bn LNG project by October
The Tanzanian government is seeking to finalise terms on a long-delayed $42bn LNG export terminal with international oil and gas companies by October.
ASX-listed Kinetiko Energy launches study to improve gas flow at South African project
Australia’s Kinetiko Energy (Kinetiko) is undertaking optimisation activities at its gas project in northeastern South Africa after its first two production wells initially achieved low gas flows.
Shell reportedly eyes BP takeover in $300bn tie-up
While Shell is on an upward trajectory, BP’s disappointing share performance has fuelled speculation that it could be targeted for takeover.
Canadian oil and gas explorer Sintana Energy highlights strong upstream momentum offshore Namibia
Publicly traded Canadian oil and natural gas exploration company Sintana Energy has shared new details around exploration activities offshore Namibia.
Ghana’s oil woes deepen as investors shun sector for fifth year running
Ghana failed to attract a single new petroleum agreement in 2024, extending a worrying five-year trend that signals waning investor confidence in the country’s upstream oil and gas sector, according to the latest annual report by the Public In
South Africa’s energy minister says gas-to-power plants should run at higher load factor
South Africa’s Electricity and Energy Minister Kgosientsho Ramokgopa has said that the load factor for proposed gas-to-power plants will be increased from 25% to over 50%.
Kenya’s TotalEnergies posts 51% profit drop in 2024 on weaker sales, rising finance costs
TotalEnergies Marketing Kenya Plc, a subsidiary of French energy major TotalEnergies SE, reported a 50.8% drop in net profit to KES1.4bn ($10.79mn) for the year ended December 31, 2024, down from KES3bn ($23.12mn) in 2023.
TotalEnergies plans to restart Mozambique LNG project by mid-2025
French energy supermajor TotalEnergies has confirmed its plans to resume operations on the Mozambique liquefied natural gas (LNG) project by mid-2025.
Kenya backs $61.78mn Tanzanian Kilifi LPG terminal despite safety concerns
Kenya’s Energy and Petroleum Cabinet Secretary has endorsed a KES 8bn ($61.78mn) liquefied petroleum gas (LPG) storage facility in Vipingo, Kilifi County, dismissing safety and regulatory concerns raised by local authorities and environmentalists.
India and Angola deepen ties with energy, defence and tech partnerships
ndia and Angola have agreed to strengthen their strategic partnership across energy, digital infrastructure, space technology and defence
Okomu Oil Palm Company posts 39.8% rise in pre-tax profit for first Q1 2025
The Okomu Oil Palm Company reported a 39.8% increase in pre-tax profit for the first quarter of 2025, driven by a 33.6% rise in turnover from palm oil and rubber sales, according to the company’s latest financial statements.
OPEC+ members agree to add to production levels
A core group within the OPEC+ alliance has pressed ahead with plans to increase crude oil production for a third consecutive month
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