Oil and Gas Archives - Now In Africa

Modern glass office tower housing the headquarters of Nigeria's national oil company in Abuja

Nigeria: NNPCL Insiders Defend Ojulari, Say He Lacks Authority to Award Oil Blocks

Insiders at the Nigerian National Petroleum Company Limited (NNPCL) have pushed back against allegations that the company’s Group Chief Executive Officer, Bayo Ojulari, awarded any oil block, insisting that the licensing of petroleum acreages falls outside his statutory remit, according to AllAfrica reporting that drew on Premium Times coverage. Under Nigeria’s Petroleum Industry Act of

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An aerial view of a coastal oil refinery with storage tanks, pipeline networks, and docked fuel vessels.

Dangote, Vitol, and Alpha MBM vie for East Africa’s downstream oil market

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The competition to shape East Africa’s downstream oil sector is no longer about who builds the biggest refinery, but about who controls the region’s crude, pipelines, and supply networks, according to The Africa Report. Three energy heavyweights — Nigeria’s Dangote Group, global commodities trader Vitol, and Alpha MBM — are locked in a cautious standoff

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An offshore oil and gas platform standing in the open sea, with associated steel infrastructure visible against a clear sky.

Nigeria Approves New Offshore Oil and Gas Incentives to Attract $50 Billion

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Nigeria has approved a new package of fiscal incentives for offshore oil and gas projects, signalling an effort to draw up to $50 billion in new investment into its upstream petroleum sector, according to Egypt Oil & Gas. A push to revive upstream investment Nigeria, Africa’s largest crude oil producer and a member of OPEC,

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An industrial pipeline corridor running through tropical wetland terrain in a river delta, with vegetation lining both sides and workers mon

Improved Pipeline Security Lifts Nigeria’s Energy Investment Prospects

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According to AllAfrica reporting carried by This Day, Pipeline Infrastructure Nigeria Limited (PINL) has said that improved security along the country’s pipeline network is strengthening investor confidence, supporting major gas infrastructure projects and contributing to stronger performance in Nigeria’s oil and gas sector. Pipeline protection has long been a sensitive issue for Africa’s most populous

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A photograph of Luanda's modern waterfront skyline, showing high-rise buildings along the Atlantic coast at dusk.

Angola Lawmakers Approve Tax Incentives for Six Oil Blocks

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Angola’s National Assembly has moved forward with legislation that would authorize the President to grant additional tax incentives for six oil blocks, according to AllAfrica, citing the state-run Angolan News Agency (ANGOP). Members of the assembly’s 5th and 1st Standing Committees approved the Joint Report and Opinion on the bill at committee stage on Thursday,

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A landscape view of mangrove swamps and brown waterways in the Niger Delta, with rusted industrial pipelines along muddy banks and dark patc

Civil Society Groups Oppose Ogoniland Oil Production Resumption

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Fifty-one civil society organisations in Nigeria have urged the federal government to prioritise environmental restoration over the planned resumption of oil production in Ogoniland, a long-polluted region of the Niger Delta, according to AllAfrica. As reported by AllAfrica, citing reporting by Premium Times, the groups argue that decades of contamination from oil operations must be

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Nigeria: NMDPRA Seeks New Rules to Ban Fuel Price-Fixing, Artificial Scarcity

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Nigeria’s Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has called for a stakeholders’ engagement to shape proposed regulations designed to curb anti-competitive practices in the country’s petroleum sector, according to AllAfrica, citing Daily Trust. The draft framework, formally titled the Midstream and Downstream Petroleum Prevention of Anti-Competitive Practices and Behaviour Regulations, is intended to prohibit

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The glass-and-concrete headquarters tower of the Nigerian National Petroleum Company in central Abuja under clear skies.

Nigeria’s NNPC Secures $4.5 Billion Loan for National Priorities

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Nigerian National Petroleum Company has secured a $4.5 billion loan aimed at supporting national priorities, according to a Bloomberg.com report. The facility — one of the largest single commercial borrowings arranged by the state oil company in recent memory — underscores the central role NNPC continues to play in financing the federal government’s energy and

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An exterior view of the OPEC headquarters building in Vienna with a courtyard and surrounding office blocks.

Nigeria Holds Output Steady as Seven OPEC+ Members Agree 188,000 Bpd September Hike

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Nigeria will maintain its current crude oil production strategy after seven members of the OPEC+ alliance agreed to raise their combined output by 188,000 barrels per day in September 2026, a decision aimed at preserving stability in global oil markets, according to AllAfrica, citing Vanguard. Nigeria is not among the seven producers taking additional barrels

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A wide photograph of an industrial offshore oil platform standing in calm sea at dusk, with steel decks, a flare stack and a supply vessel n

TotalEnergies launches legal challenge against Nigeria over $554m tax demand

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French oil major TotalEnergies has filed a legal challenge against Nigerian tax authorities and the state-owned Nigerian National Petroleum Company (NNPC) over a disputed petroleum profits tax assessment, according to The Africa Report. The company is contesting a N75.2 billion (approximately $554 million) demand, arguing that the levy breaches a long-standing offshore project financing agreement.

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An oil facility on a tropical coastline with storage tanks and pipelines visible near vegetation and the sea.

DR Congo Official Confirms Oil Pollution Findings, Full Audit Expected by Late September

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DR Congo’s hydrocarbons ministry has confirmed oil pollution findings linked to an oil company operating in the country, and expects a full audit of the firm by late September, according to AllAfrica, which cited reporting by Human Rights Watch. The confirmation places the issue formally on the official record. The Democratic Republic of Congo’s hydrocarbons

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