Oil

Nigeria
Junior Petralon mobilises support to protect its Dawes Island concession

The head of the oil company, Ahonsi Unuigbe, is attempting to persuade the government and the regulatory authorities to appeal against the court ruling ordering the revocation of the junior company’s licence for its field in OPL 2006.

Gabon
State urges Gabon Oil Co to settle tax backlog of $51.2m

Gabon Oil Co has been ordered by the Treasury to pay back 29.1bn CFA francs ($51.2m), corresponding to an unpaid tax withholding on the acquisition of Tullow Oil's assets.

Madagascar
The junta requisitions TotalEnergies' fuel to fly Russian planes

Colonel Michael Randrianirina has reallocated part of the French major's kerosene to enable aircraft controlled by Moscow to land in and take off from Ivato International Airport.

South Africa
PetroSA ready to forgo $10.8m debt owed by Namibia's UAG Investments

For two years, the state-owned company has been waiting for the payment of several million dollars from a Namibian company to which it sold liquefied petroleum gas. Yet it does not intend to initiate debt collection proceedings, much to the dismay of its employees.

Cameroon
Boss of state-owned oil firm Sonara under pressure as criticism mounts

Although Ferdinand Ngoh Ngoh supported Harouna Bako’s appointment as head of the country’s sole state-owned refinery in 2024, he now harbours doubts about the current management of the public enterprise.

Angola
Sale of junior oil company Afentra attracts investors

In under five years, the London-based company, founded in 2021 by former Tullow Oil employees, has succeeded in building up an attractive portfolio thanks to a large number of cost-efficient production assets.

Cameroon
Yaoundé looks to secure fuel supplies as Middle East war continues

With the crisis engulfing Iran and highly volatile oil prices, Cameroon is bracing for a potential shortage of fuel and has launched a tender to secure the import of several million barrels in the next quarter of this year.

South Africa
Vitol representative eyes Shell service stations

Local company Vesquin Trading is taking a keen interest in Shell's network of some 600 service stations in South Africa. However, its ambitions will have to get past the Competition Commission of South Africa.

Palace Intrigues
Patrick Pouyanné, Daniel Chapo, Denis Sassou-Nguesso, Jean-Noël Barrot

Intrigues big and small: every Thursday, Africa Intelligence takes a peek into the corridors of power in Africa and beyond.

MozambiqueTotalEnergies boss meets Daniel Chapo in Brussels

CongoFleet of planes mobilised for Sassou-Nguesso's election campaign

CARFrench foreign minister's rocky visit to Bangui

The New Guard
Namibia, Algeria, Madagascar

Every Wednesday, Africa Intelligence spotlights a new generation of movers and shakers in business and politics.

NamibiaMtundeni Ndafyaalako, surprise appointment at helm of national oil firm

AlgeriaLynda Tezkratt, expert in African technical certification

MadagascarElliot Randriamandrato, speaking out for Gen Z