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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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IGU on LNG risks and opportunities
Nigeria’s CNG drive attracts $500mn investment, creates over 10,000 jobs
Nigeria’s compressed natural gas (CNG) sector has attracted over $500mn in investment and created over 10,000 direct jobs in under a year. The growth in jobs comes as the government intensifies efforts to promote alternative energy transportation.
Woodside Energy initiates arbitration proceedings against Senegal over tax assessment at Sangomar project
Woodside Energy, Australia’s largest independent oil and gas company, has filed an arbitration request with the World Bank’s International Centre for Settlement of Investment Disputes over a tax assessment dispute with the Senegalese government.
World Bank urges Kenya to impose carbon tax on imported fuels
The World Bank has urged the Kenyan government to introduce a carbon tax on imported fuels, estimating it could raise up to KES40.5bn ($312.98mn) annually.
Israeli Nitzana gas pipeline to Egypt delayed until H1 2028 amid cost-sharing disputes
The launch of the Nitzana pipeline, expected to export 600mn cubic feet per day (cfd) of natural gas from Israel to Egypt, has been delayed to H1 2028.
BLOG: Is South Africa’s energy crisis here to stay?
South Africa, often hailed as the continent’s most advanced economy, presents a paradox that continues to baffle observers: how can a country with such industrial muscle be plunged so deep into an energy crisis?
Dangote refinery increases US crude imports amid limited Nigerian supply
Nigeria’s Dangote oil refinery will import at least 5 million barrels of US West Texas Intermediate (WTI) crude in July, as domestic production shortfalls continue to limit local supply #bna #nigeria #afroil
SERAP sues Nigeria’s NNPCL over alleged $343mn in unremitted oil revenues
SERAP has filed a lawsuit against the Nigerian National Petroleum Company Limited (NNPCL) over the alleged failure to remit NGN500bn ($343mn) in oil revenues.
Libya’s eastern government warns it may declare force majeure on oil fields
A potential force majeure could disrupt the country's much-needed oil exports. The eastern government claims the move is in response to repeated assaults on the National Oil Corporation.
Ghana ramps up offshore oil output with major drilling push by Tullow and Eni
Ghana has launched a renewed phase of upstream oil exploration as subsidiaries of British explorer Tullow and Italian major Eni resume offshore drilling operations in a move hailed by industry analysts as a strong vote of confidence in the sector.
TotalEnergies divests its non-operated interest in Nigeria’s Bonga field
TotalEnergies' Nigerian subsidiary TEPNG has signed an agreement with Shell Nigeria Exploration and Production Company Ltd (SNEPCo) for the sale of its non-operated 12.5% interest in the OML 118 Production Sharing Contract (PSC) for $510mn.
Nigerian court dismisses $1.3bn Malabu claim against Agip over OPL 245
The Nigerian Agip Oil Company has secured a legal victory after the Court of Appeal in Abuja dismissed a $1.3bn claim by Malabu Oil and Gas concerning the ownership of the disputed Oil Prospecting Licence (OPL) 245.
South Africa faces crude oil supply crisis as Sasol’s refinery warns of possible closure
South Africa is facing a mounting crude oil supply crisis, with serious implications for its energy security. At the heart of the issue is the financial strain on the Natref refinery in Sasolburg.
Dangote, NPA plan to expand Nigerian port operations
The Nigerian Ports Authority (NPA) and Dangote Industries Ltd. (DIL) have joined forces to expand the operational capacity of Nigeria’s maritime economy with the goal of increasing export capacity.
Nigeria's Port Harcourt refinery closes for 30 days
Nigeria’s 210,000 barrels per day (bpd) Port Harcourt Refining Complex (PHRC) has been shut down for 30 days by the Nigerian National Petroleum Co. Ltd. (NNPCL) to carry out scheduled maintenance.
Egypt plans to sign 13-15 petroleum agreements in H2 2025
Egypt’s Ministry of Petroleum is preparing between 13 and 15 new petroleum concession agreements to be signed during H2 of 2025, Economy Plus reported on May 27.
South Africa proposes buying LNG from US as part of bilateral trade deal
South Africa has offered to buy liquefied natural gas (LNG) from the United States over a 10-year period as part of proposals to secure a trade deal, according to a ministerial statement posted on the government news agency SA News' website.
Canada’s clean energy tech Borna Membrane Solutions builds $40mn factory in Egypt
Canada’s clean energy tech Borna Membrane Solutions (BMS) plans to establish a $40mn factory in Egypt to will produce flare gas recovery systems, carbon separators, and technology for reinjecting recovered gases into Egypt’s natural gas grid.
South Africa’s Transnet signs $233mn settlement with Sasol over oil pipeline tariff dispute
South Africa’s chemicals and energy company Sasol and state-owned logistics utility Transnet have settled long-running disputes over crude oil pipeline tariffs.
Egypt receives 14 offers to supply liquefied natural gas to up to three years
The state-owned Egyptian Natural Gas Holding Company (EGAS) has received 14 offers to supply liquefied natural gas (LNG) for periods ranging from 18 months to 3 years, Economy Plus reported on May 25.
Nigeria's NNPCL targets 1.9mn barrels per day crude output by end of 2025
NNPCL targets 1.9mn barrels per day crude output by end of 2025 #bna #nigeria #afroil
Libya accumulates $1bn in debt to fuel suppliers after ending oil swap programme
Libya has accumulated around $1bn in debt to fuel suppliers after ending its oil swap programme roughly three months ago.
Egypt in talks to buy 40-60 shipments of LNG to meet high summer demand
The Egyptian government is in talks with international energy companies to purchase between 40 and 60 shipments of liquefied natural gas (LNG) and around 1mn tonnes of fuel oil to secure emergency fuel imports amid a worsening energy crisis.
Kenya earns $1.9mn in royalties from Turkana oil exports amid stalled commercialisation plans
Kenya earned $1.915mn in royalties from crude oil exports under the now-defunct Early Oil Pilot Scheme (EOPS), according to British oil and gas explorer Tullow Oil.
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