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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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Tullow suspends plan to sell Kenyan stakes after securing exploration extension
Tullow Oil (UK/Ireland) has suspended plans to unload its assets in Kenya after securing an extension of its exploration licence for Blocks 10BB and 13T in the South Lokichar Basin.
Libyan oil: Still on hold?
LNA chief Haftar has apparently not lifted the blockade preventing the country’s coastal terminals from exporting crude.
NRG: Ahead of the peak
A warning that oil demand will peak within a few years overshadows some of the positive news coming from oil producers in recent days.
BP warns of peak oil demand just around the corner
Equipment problems force Renergen to revise gas drilling programme
South Africa’s Renergen has revised its drilling programme for the Victoria gas project after encountering equipment problems during the drilling of an inclined well.
Kyari: NNPC still mulling plan to unload majority stakes in refineries
The head of Nigerian National Petroleum Corp. (NNPC) said last week that his company was still looking into proposals for selling off majority stakes in the country’s four largest oil refineries.
DFC clears $1.5bn in risk insurance for Area 4 gas project
Trafigura seeks position in Somaliland fuel supply
Kosmos sells stakes in African, South American projects to Shell
Kosmos Energy (US) has arranged to sell its stakes in four African and South American exploration projects to an affiliate of Royal Dutch Shell (UK/Netherlands).
Total, Egypt's OLA team up for fuel terminal
NNPC denies graft at AKK gas pipe
Sonatrach hires contractors for pipe work
Total Tanzania says it has no plans to exit the country
The Tanzanian division of France’s Total has denied reports that it is preparing to exit the East African country, where it has a chain of around 100 retail filling stations.
Chariot Oil & Gas raises reserve estimate for Lixus block after re-processing data
Chariot Oil & Gas (UK) has wrapped up efforts to re-process 3D seismic data from the Lixus block offshore Morocco.
East Med ambitions
Egypt has stepped up efforts to expand energy ties with nearby states, despite the hazardous geopolitical environment.
Renergen says its LNG auctions drew more interest than expected
Renergen said last week that its upcoming LNG auctions, the first of their kind in South Africa, had attracted more interest than anticipated.
DRC gives Perenco a green light for associated gas-to-power project
The government of the Democratic Republic of Congo (DRC) has authorised the Anglo-French company Perenco to move forward with a gas-to-power project.
NRG: A sense of uncertainty
World oil markets have regained some ground, but the industry continues to experience conflict on a number of fronts.
Iraq export expansion focuses on Jordan
USTDA grants Senegal $1.3mn for gas pipeline study
The US Trade and Development Agency (USTDA) has pledged to provide the government of Senegal with funding for the study of a natural gas pipeline project.
Woodside signs binding agreement on acquisition of Cairn’s Sangomar stake
Australia’s Woodside Energy has struck a deal for the acquisition of UK-based Cairn Energy’s entire equity stake in RSSD, the joint venture established to explore and develop the Sangomar block offshore Senegal.
Angola reports oil revenues up in July
Official data from Angola’s government show that the country’s revenues from oil sales rose by more than 3.5% in the month of July.
Angola emphasises exploration
Angola wants oil production to remain at or above 1mn bpd until 2040 – and it wants to expand exploration activity to achieve this aim.
EPRA head says price hikes, emergency imports helped Kenya avoid fuel shortages
Kenya’s Energy and Petroleum Regulatory Authority (EPRA) has said that recent price increases and emergency procurement campaigns are helping the country to avoid petroleum product shortages.
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