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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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Suez Canal temporarily blocked by tanker carrying Russian oil
The Suez Canal was blocked for several hours on October 28 by a sanctioned tanker that had run aground, with the Suez Canal Authority noting that the 150,600-deadweight tonnage (dwt) Komander had suffered engine issues while sailing South.
Eni completes drilling of Zohr-9 gas well off Egypt's Mediterranean coast
Egypt’s Minister of Petroleum and Mineral Resources announced the completion of drilling operations at the Zohr-9 natural gas well in the Zohr field, located in the Mediterranean and operated by Eni.
Nigeria’s NUPRC holds exploratory talks with Bank of America on upstream financing
Nigeria's upstream regulator, NUPRC, has held exploratory talks with Bank of America as the country looks to attract new capital and revive crude output, after falling short of its OPEC+ quota.
Nigerian court freezes NGX-listed Nestoil's assets over $1.3bn debt claims
Armed police have sealed Nestoil Limited’s Lagos headquarters after the Federal High Court ordered a freeze of the company’s assets over alleged debts amounting to $1.01bn and NGN430bn ($296mn)
US energy major Chevron in talks to expand operations in Libya
Libyan PM Abdulhamid Dbeibah held talks with a high-level delegation from US energy company Chevron to discuss the company’s plans to expand its activities in Libya.
Eni invests $200mn to drill new well at Egypt’s Zohr gas in Q2 2026
Italian energy major Eni is planning to drill a new well at the Zohr gas field in Egypt’s deepwater Mediterranean during Q2 2026, with an estimated investment of $200mn,
Egypt’s Suez Canal Authority successfully refloats stranded oil tanker
Egypt’s Suez Canal Authority (SCA) announced the successful completion of a rapid rescue operation after the oil tanker KOMANDER ran aground while transiting the canal as part of the northbound convoy,
QatarEnergy acquires 40% stake in Egypt’s North Rafah offshore exploration block
Qatari energy major QatarEnergy announced the signing of an agreement with Italian energy company Eni to acquire a 40% participating interest in the North Rafah offshore exploration concession
Dangote to raise $5bn for Lagos refinery expansion, Afreximbank president says
Africa’s richest man, Aliko Dangote, plans to raise $5bn to fund a major expansion of his Lagos refinery, which aims to double capacity to 1.4mn bpd and become the world’s largest by 2028.
Ghana’s Explorco targets 2026 Voltaian Basin drilling amid declining oil output
Explorco, the exploration arm of Ghana National Petroleum Corporation (GNPC), says it is on track to begin drilling its first well in the Voltaian Basin by September 2026, after completing key preparatory phases.
Aradel Holdings to acquire 40% stake in ND Western, boosting local control of Nigeria’s OML34 block
Aradel Holdings Plc (NGX:ARADEL), by acquiring a 40% equity interest in ND Western Limited from Petrolin Trading Ltd, will expand its footprint in Nigeria’s oil and gas value chain and role in onshore block OML34.
Nigerian billionaire Aliko Dangote set to invest up to $1bn in Zimbabwe
Africa's richest person, Aliko Dangote, plans to visit Zimbabwe for high-level talks that could lead to him investing up to $1bn in the southern African nation.
TotalEnergies lifts force majeure to restart Mozambique LNG project
French supermajor TotalEnergies has paved the way to restarting the Mozambique LNG project by lifting force majeure.
Energean signs 15-year deal to transport Israeli gas to Egypt
British gas producer Energean signed a 15-year agreement to transport natural gas through Israel’s planned Nitzana pipeline to Egypt, as part of wider $4bn contracts for the purchase and transport of Israeli gas
Egypt inaugurates $23.15mn gas recovery plant at Nasr Petroleum Refinery in Suez
Egyptian PM Mostafa Madbouly inaugurated on October 26 an EGP 1.1bn ($23.15bn) gas recovery project for liquefied petroleum gas (LPG) production at the Nasr Petroleum Refinery in Suez Governorate.
Algerian state energy firm Sonatrach resumes oil drilling in Libya
Algeria’s state energy company Sonatrach has resumed oil and gas exploration drilling in Libya after more than a decade of suspension, the country’s National Oil Corporation (NOC) said.
Namibia-focused explorer Sintana Energy provides update on Challenger acquisition
Canadian-listed oil and natural gas exploration company Sintana Energy Inc. (TSX-V: SEI) on October 21 provided an update on its intended acquisition of Challenger Energy Group.
Egypt reports multiple oil and gas discoveries in New Delta, Eastern and Western Deserts
Egypt’s Ministry of Petroleum has confirmed 18 new oil and gas discoveries since July 2025, adding roughly 14,000 bpd and 44mn cubic feet of gas per day to national output. The finds were led by Harbour Energy, Dana Gas, Eni, and Cairn Energy.
Egypt increases fuel imports by 60% y/y to free up natural gas for exports
The Egyptian General Petroleum Corporation (EGPC) has reportedly bought about 1mn tonnes of diesel, gasoline, and liquefied petroleum gas (LPG) for delivery in November 2025, up 60% year-on-year (y/y)
Cyprus signs agreements to transport gas from Cronos field to Egypt
Egypt and Cyprus have signed agreements for the transportation of gas from Cyprus’s Kronos field to Egypt
Galp Energia plans to expand frontier exploration in Africa amid strong demand for oil
Portuguese integrated energy company Galp Energia is planning to expand frontier exploration in Africa amid continuing strong demand for fossil fuels in Europe.
Nigeria's NNPCL posts $2.90bn revenue in September as output holds steady
NNPCL has reported NGN4.27 trillion ($2.90bn) in revenue and NGN216bn ($147mn) in profit for September, driven by steady crude and gas output despite planned maintenance and slightly lower volumes compared to August.
Egyptian firm Petrojet secures $1.08bn contract for Algeria's Hassi Bir Rekaiz oil project
Egypt’s state-owned oil services firm Petrojet secured a preliminary award worth $1.08bn for the role of general contractor in the second-phase development of the Hassi Bir Rekaiz oil field in Algeria.
Africa’s natural gas strategy should vary by country, not follow one-size-fits-all model, says analyst
Africa’s untapped gas reserves can complement renewables by providing stable, round-the-clock power needed to balance intermittent generation from renewable energy sources.
China’s CNPC maintains Niger oil exports via Benin pipeline amid fiscal and labour tensions
China’s CNPC — through its listed arm PetroChina (HKEX:0857) — has exported roughly 20mn barrels of crude from Niger’s Agadem field via the 1,950 km Agadem–Sèmè pipeline to Benin, generating about $2 bn since May 2024.
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