AfrOil - Africa Oil & Gas

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Oil & Gas

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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.

 AfrOil is fully digital publication and can be read via PDF, PageSuite or via our NewsBase App.

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TotalEnergies to accelerate building of $20bn LNG project in Mozambique as Islamist insurgency ebbs

19 March 2026

TotalEnergies has said the security situation in northern Mozambique has improved, thus the company will continue constructing its liquefied natural gas (LNG) project there.

Libya discovers 1 trillion cubic feet of offshore gas in Bahr Essalam

19 March 2026

Libya has announced a new offshore gas discovery estimated at around 1 trillion cubic feet.

Morocco says fuel reserves cover 30 days amid rising global prices

18 March 2026

Morocco has sufficient fuel reserves to meet around one month of domestic demand. Global energy prices continue to rise due to geopolitical tensions and supply disruptions driven by the US-Israeli war on Iran

Sintana Energy secures extension of Namibia licence for PEL 87 to advance offshore exploration

18 March 2026

Namibia has extended Petroleum Exploration Licence 87 to January 2027, allowing Sintana Energy and Pancontinental Energy to advance seismic work, complete environmental approvals and prepare for drilling in the Orange Basin.

AEC calls on African oil and gas industry to boycott Africa Energies Summit in London

18 March 2026

The African Energy Chamber (AEC) has called on African oil and gas companies to boycott the upcoming Africa Energies Summit over local content representation concerns.

Egypt’s Petrojet secures $4.7bn pipeline contracts as it expands into new sectors

18 March 2026

Egyptian oil services company Petrojet, the engineering and construction arm of Egypt’s petroleum sector, has secured contracts for future projects worth EGP 246bn ($4.7bn) through 2029, both domestically and internationally,

Nigeria advances 50-block oil auction to bidding stage

18 March 2026

Nigeria has moved its 2025 oil licensing round into the bidding phase after regulators shortlisted qualified firms to compete for 50 oil and gas blocks, marking a key step in one of the country’s most closely watched upstream investment exercises

Hormuz tensions raise inflation and energy security risks for Africa, says senior investment analyst

18 March 2026

A senior investment analyst examines how the ongoing Middle East military conflict and rapidly climbing oil and gas prices are affecting African economies, supply chains and cost of living.

BP confirms Angola Quiluma start-up of gas production from Angola’s Quiluma field

18 March 2026

BP has started gas production at Angola’s Quiluma field, as the New Gas Consortium project supplies feedstock to the Angola LNG plant and strengthens the country’s position in global gas markets.

Algeria boosts LNG exports as global supply disruptions reshape energy flows

18 March 2026

Algeria’s liquefied natural gas (LNG) exports are surging amid escalating regional tensions and shipping constraints in the Strait of Hormuz

Rising oil prices threaten Tunisia’s economy amid Middle East tensions

18 March 2026

Tunisia is increasingly exposed to the economic fallout of the ongoing Middle East tensions, mainly owing to the country’s reliance on imported energy.

Nigeria to enforce "drill or drop" rule to speed oil block development

17 March 2026

Nigeria’s upstream regulator has said oil companies will no longer be allowed to hold prospecting licences for extended periods without carrying out explorations.

Nigeria’s Dangote and China’s GCL sign $4.2bn gas supply deal for Ethiopia fertiliser project

17 March 2026

Nigerian conglomerate Dangote Industries and China’s GCL Group have signed a $4.2bn natural gas supply agreement to support a $2.5bn fertiliser complex in Ethiopia aimed at strengthening East Africa’s agricultural supply chain.

Eni announces two gas discoveries in offshore Libya

17 March 2026

Italian energy major Eni announced two new gas discoveries south of its producing Bahr Essalam field in offshore western Libya, while also progressing with the country’s first deepwater exploration well alongside its partner BP.

Nigerian navy dismantles illegal refinery in Rivers and seizes 3,950 litres of stolen fuel

16 March 2026

The Nigerian Navy has dismantled a reactivated illegal refinery and seized about 3,950 litres of suspected stolen petroleum products in Calabar as part of intensified operations against crude oil theft under Operation DELTA SENTINEL

Nigeria’s NNPCL remits full PSC profit oil to Federation Account after Tinubu directive

16 March 2026

Nigeria’s state oil company remitted NGN121.343bn ($88.47mn) in Production Sharing Contract (PSC) profit oil proceeds to the Federation Account in February

Invictus Energy posts $2.8mn loss as Zimbabwe Cabora Bassa exploration spending rises

16 March 2026

Invictus Energy Ltd (ASX:IVZ) reported a half-year net loss of $2.8mn as it continued funding exploration at Zimbabwe’s Cabora Bassa Project, with capitalised exploration spending rising to $85mn and cash reserves declining to $3mn.

Nigeria launches petroleum reform taskforce to unlock up to $10bn investment, overhaul sector

16 March 2026

Nigeria has established a presidential petroleum reform taskforce tasked with unlocking up to $10bn in sector investment and developing a 10-year national energy transformation strategy aimed at boosting production, FX earnings and competitiveness.

Tanzania urges TPDC to accelerate oil and gas projects to boost economy

16 March 2026

Tanzania’s government has instructed the Tanzania Petroleum Development Corporation (TPDC) to ensure ongoing oil and gas projects are delivered on schedule, with a focus on maximising their contribution to national development

Oil price surge offers Algeria temporary fiscal relief

13 March 2026

Rising global oil prices triggered by escalating tensions and the US-Israeli strikes on Iran may provide the cash-strapped Algeria with short-term financial relief

Egypt’s EGAS plans new gas bid round and 17 exploration wells in FY 2026/27

13 March 2026

Egyptian Natural Gas Holding Company will launch a new international bid round for gas exploration in 2026 in several blocks in the western Mediterranean, while preparing to drill 17 exploratory wells during FY 2026/27

Egypt's South Valley Petroleum plans to drill five exploration wells worth $33mn

13 March 2026

Egypt’s South Valley Egyptian Petroleum Holding Company (Ganope) plans to drill five exploration wells at an estimated cost of $33mn

Dangote accuses Nigerian regulator of allowing petrol imports despite local supply

13 March 2026

Aliko Dangote has said Nigeria’s downstream regulator continues to issue petrol import licences despite rising domestic refining capacity, warning that sustained imports threaten local industry and energy security

Ghana moves to phase out LPG cylinder imports as state factory revival advances

13 March 2026

Ghana plans to eventually ban imports of liquefied petroleum gas cylinders as part of a strategy to boost domestic manufacturing and expand clean cooking access, Energy and Green Transition Minister John Abdulai Jinapor told parliament

Edited by

Jennifer deLay

Editor

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