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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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Tanzania to integrate LPG into Bulk Procurement System amid major port and storage expansion
Tanzania’s Petroleum Bulk Procurement Agency (PBPA) has begun upgrading seaport infrastructure, pipelines and storage facilities in preparation for importing liquefied petroleum gas (LPG) under the national Bulk Procurement System (BPS).
Nigeria’s Dangote appoints David Bird as CEO of refining, petrochemicals
650,000 barrel per day (bpd) Dangote refinery has appointed David Bird, former Shell executive and ex-CEO of 0Q8 refinery in Oman, as CEO of its refinery and petrochemical division, according to Reuters.
Israeli Leviathan gas field signs historic $35bn deal with Egypt, says energy partner NewMed
Israel’s Leviathan natural gas field signed a historic $35bn contract on August 7 to provide Egypt with natural gas supplies, marking the largest export contract in Israel’s history.
Zimbabwean businessman in alleged $7.7mn LPG forex scam arrested
Zimbabwean authorities have arrested a local businessman for allegedly violating foreign currency regulations in relation to importation of 9.4mn kg of liquefied petroleum gas (LPG) worth $7.7mn.
Egypt launches global tender to explore gas in Eastern Mediterranean
Egypt’s Ministry of Petroleum issued a global tender inviting specialised companies to conduct a seismic survey covering 100,000 square kilometres in the Eastern Mediterranean.
Egypt postpones planned natural gas price hike for industries
The Egyptian government postponed the implementation of a planned increase in natural gas prices for industrial users, which was originally set to take effect on August 1
Ghana’s Engen rebrands as MISA Energy, aims to lead Africa’s petroleum future
Engen Ghana has rebranded as MISA Energy Ghana Limited, marking a major strategic shift in its ambition to become a leading African energy company,
Nigeria-Morocco Gas Pipeline project advances towards construction phase
The $25bn Nigeria-Morocco Gas Pipeline (NMGP) project is nearing the start of its construction phase. The 6,000-kilometre infrastructure initiative has gained momentum following high-level meetings in Rabat in July.
ExxonMobil returns to Libya after 10-year hiatus with new exploration deal
Libya’s National Oil Corporation (NOC) signed a memorandum of understanding (MoU) with US energy major ExxonMobil, signalling the company’s return to Libya after a decade-long suspension of operations due to security concerns.
Nigeria: EFCC refutes rumours regarding NNPCL CEO’s alleged resignation
Nigeria’s Economic and Financial Crimes Commission (EFCC) has denied claims that it had placed the CEO of the Nigerian National Petroleum Co. Ltd. (NNPCL) Bayo Ojulari under duress in a bid to see the official resign.
Nigeria's oil production tops 1.8mn bpd in July for first time since November 2024
Nigeria’s oil production exceeded 1.8mn barrels per day (bpd) in July for the first time since November 2024, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed.
Afreximbank leads $4bn Dangote Refinery refinancing with $1.35bn anchor contribution
African Export-Import Bank (Afreximbank) has led a $4bn refinancing deal for Dangote Industries Limited (DIL), providing $1.35bn as anchor lender in a syndicated facility aimed at refinancing the Dangote Petroleum Refinery and Petrochemicals Complex.
OPEC+ to raise oil production in September
Eight key OPEC+ countries have announced a production adjustment of 547,000 bpd for September
Nigeria’s Dangote Refinery appoints new CEO, outlines Africa-wide expansion plan
Dangote Refinery has appointed David Bird as chief executive officer of its fuels and petrochemicals division, assigning him responsibility for scaling operations, addressing design setbacks, and expanding the company’s presence across Africa.
Libya’s main Sharara oilfield hits highest output in seven years
Libya’s Sharara oilfield, the country’s largest, has reached its highest production level since 2018, pumping 310,970 barrels per day (bpd).
Kenyan MPs halt $23.26mn NOCK-Rubis deal over fears of secret asset handover
Kenyan lawmakers have suspended a KES3bn ($23.26mn) agreement between the National Oil Corporation of Kenya and French-owned Rubis Energy Kenya, warning it could lead to the quiet transfer of strategic state assets to a private company without public
Ghana eyes regional fuel hub role
Reconnaissance Energy Africa starts drilling Kavango West 1X exploration well in Namibia
Canadian oil and gas explorer Reconnaissance Energy Africa (ReconAfrica) has announced the spudding of the onshore Kavango West 1X exploration well located within Petroleum Exploration Licence (PEL) 73 in northeast Namibia.
Egypt raises natural gas prices for industries amid rising import costs
The Egyptian government has increased the natural gas prices supplied to industrial sectors, starting from August 1
Aquarius Energy acquires stake in giant oil storage site in South Africa
Aquarius Energy, a joint venture focused on fuel supply and logistics has completed its acquisition of Oiltanking’s 37% stake in Oiltanking MOGS Saldanha (OTMS), Africa's largest oil storage site, located on the West Coast of South Africa.
Dangote to list refinery on Nigerian Exchange "very soon" to boost local participation
Aliko Dangote has announced plans to list his multibillion-dollar oil refinery on the Nigerian Exchange "very soon", a move aimed at allowing Nigerians to purchase shares and participate in the country’s oil and gas sector.
Libya’s crude oil production increases to 1.4mn barrels per day, says NOC
Libya’s National Oil Corporation (NOC) announced a notable increase in daily production rates of crude oil, gas, and condensates over the past 24 hours. Crude oil output reached approximately 1.4mn barrels per day.
Nigeria's Seplat Energy reports $1.4bn H1 revenue as production rises
Seplat Energy reported revenue of NGN2.167 trillion ($1.4bn) for the first half of 2025, nearly four times higher year-on-year, as average oil production rose to 134,492 barrels of oil equivalent per day (boepd).
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