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Oil And Gas

Oil and gas is a major global industry encompassing the exploration, extraction, refining, transportation and marketing of crude oil and natural gas, two of the world's most important energy sources and industrial feedstocks. The sector is typically divided into upstream activities (exploration and production), midstream operations (transportation, storage and wholesale marketing) and downstream processes (refining, distribution and retail). Africa is home to significant hydrocarbon reserves, with major producing countries including Nigeria, Angola, Algeria, Libya, Egypt and emerging players such as Mozambique, Tanzania and Namibia. Oil and gas revenues are critical to the fiscal health of many African economies, funding government budgets, infrastructure development and social programmes, though dependence on hydrocarbon exports also exposes countries to commodity-price volatility and the resource curse. The industry attracts substantial foreign direct investment from international oil companies and national oil corporations, and is subject to complex regulatory frameworks, production-sharing agreements and transparency initiatives such as the Extractive Industries Transparency Initiative. Environmental and climate considerations are reshaping the sector, with growing pressure to reduce carbon emissions, manage methane leakage and transition towards cleaner energy sources. Governance challenges, including corruption, contract opacity and community displacement, remain significant concerns in many African oil and gas jurisdictions. The sector's capital intensity, technical complexity and geopolitical significance ensure it remains a focal point of business coverage, policy debate and investment analysis across the continent.

Oil And Gas News


Magazine Cover image
Roadmap outlined to turn gas supply crisis into transformative opportunity
23rd October 2026 By: Sabrina Jardim

As South Africa faces a gas cliff – precipitated by waning supply from Mozambique’s Pande and Temane fields – some in the local gas sector believe the challenge could be leveraged to help transform... 


EU still committed to keeping oil, coal and gas in ground in Arctic, new strategy says
20th October 2026 By: Reuters

The European Union remains committed to "ensuring that oil, coal and gas stay in the ground, including in Arctic regions," according to a new Arctic strategy presented by the European Commission... 


ExxonMobil oil and gas infrastructure
Upstream energy investor EnCap secures $3.5bn commitments for EnCap Minerals continuation vehicle
20th October 2026 By: Marleny Arnoldi

Houston-based private equity firm EnCap Investments has successfully closed a continuation vehicle for EnCap Minerals and Rock River Minerals - together EnCap Minerals - with aggregate capital... 


Cleveland-Cliffs steelmaking
Canadian steelmakers offset some US tariff pain with domestic demand
16th October 2026 By: Reuters

Canada's steel industry, among the sectors hit first and hardest by US President Donald Trump's tariffs, is starting to turn a corner thanks to an uptick in mining, energy and AI data center... 


The above image depicts OPASA spokesperson Niall Kramer
Unified approach to close sector gaps – association
16th October 2026 By: Lynne Davies

With renewed interest in upstream oil and gas investment in Africa, South Africa needs an unambiguous and fiscally and financially attractive policy and operating environment, says industry body... 


The above image depicts Onpasa Chairperson Nick Mitchell
Indigenous gas cannot meet ‘gas cliff’ demand – association
16th October 2026 By: Lynne Davies

Speaking at the Wits Business School Gas Symposium last month, industry body Onshore Petroleum Association of South Africa (Onpasa) chairperson Nick Mitchell argued that while we were in the midst... 


US Treasury Secretary Scott Bessent
Bessent calls for World Bank reforms, including upstream oil and gas financing
15th October 2026 By: Reuters

US Treasury Secretary Scott Bessent issued a long list of demands for the World Bank in line with Trump administration interests, including ending the bank's prohibition on financing upstream oil... 


An openpit gold mine in Cambodia
Encroaching energy, mine concessions threaten protected ecosystems, research shows
8th October 2026 By: Reuters

Millions of hectares of protected tropical ecosystems are at risk from overlapping mining concessions and oil and gas blocks, researchers said on Thursday, potentially weakening a global treaty... 


Legal gavel
US senators hit deal on energy project permitting bill, vote after midterm elections
1st October 2026 By: Reuters

US senators from both parties said on Wednesday they have reached a deal to reform laws on the permitting of large energy and infrastructure projects, though a vote will not occur before the... 


Image of an Atlas Copco X Air 1200-30 DrillAir portable air compressors on site
New portable air compressors aimed at simplifying drilling and reducing costs
25th September 2026

Developed for drilling applications in construction, mining and oil and gas, four new portable air compressors models are said to combine high air output with a compact footprint to help customers... 


Norwegian oil and gas infrastructure
EU to keep opposing new Arctic oil drilling, despite pressure from Norway
22nd September 2026 By: Reuters

The European Union will maintain its opposition to new oil and gas drilling in the Arctic, a European Commission spokesperson said on Monday, despite Norwegian pressure to drop the EU ban. The EU... 


VEGA brings measurement expertise beyond mining to Electra Mining Africa 2026
VEGA brings measurement expertise beyond mining to Electra Mining Africa 2026
16th September 2026

(Virtual Showroom) VEGA exhibited at Electra Mining Africa, held at the Johannesburg Expo Centre in Nasrec. Alongside its long-standing presence in mining, VEGA is used the event to show visitors... 


Solexy CEO Giovanni Soldo spoke to Engineering News & Mining Weekly during the Electra Mining Africa event, held in Johannesburg from 7 to 11 September 2026.
Solexy pioneering wireless communication solutions for hazardous locations
10th September 2026

Solexy is a pioneer in wireless communication solutions for hazardous locations. The company’s experience in this field dates back to 2004, when it developed the first intrinsically safe barriers... 


NEXT COOLING MD Roger Rusch spoke to Engineering News & Mining Weekly during the Electra Mining Africa event, held in Johannesburg from 7 to 11 September 2026.
Engineered cooling solutions for global markets
9th September 2026

NEXT COOLING is a global leader in cutting edge cooling technologies, with offices in Switzerland, South Africa, India, Australia and Italy, delivering cooling towers, air cooled condensers, and... 


Oil well in Alberta
Alberta landowners take regulator to court over oil well cleanup
9th September 2026 By: Reuters

A group of Alberta landowners are going to court to argue that the province's energy regulator has chronically and knowingly underfunded a program meant to protect the public from the cost of... 


Invincible Valves MD and CEO Pam du Plessis spoke to Engineering News & Mining Weekly during the Electra Mining Africa event, held in Johannesburg from September 7 to 11, 2026.
Invicible Valves targets reliability, performance in demanding applications
8th September 2026

Invincible Valves is positioning its valve and flow-control solutions as a reliability-focused offering for industries where equipment failure and unplanned downtime can have significant... 


TRACEABILITY
Standardisation of appropriate components, good material traceability, reliable supply and access to replacement items can significantly reduce maintenance risks
Accurate engineered piping selection improves reliability
4th September 2026 By: Keabetswe Shilakwe

Oil refineries and fuel storage facilities require piping systems capable of withstanding pressure and temperature swings, corrosive media and continuous operation, making component reliability and... 


Oil and gas infrastructure in India
India's ONGC to invest 1trn rupees for deepwater exploration, says chairman
1st September 2026 By: Reuters

India's Oil and Natural Gas Corporation aims to invest one-trillion rupees ($10.51-billion) over five years for exploring its local deepwater and ultradeep water fields, chairperson AK Singh said... 


An image of an offshore gas rig
Greater PAJ project, Angola
28th August 2026 By: Sheila Barradas

The Greater PAJ project is Angola’s first integrated cross-block development. It is an offshore oil development integrating hydrocarbon resources across two adjacent concessions and brings... 


Allied Pipe & Fittings South Africa
Building South Africa’s gas infrastructure with global expertise
28th August 2026 By: Creamer Media Reporter

South Africa is entering a pivotal phase in its energy transition. As natural gas becomes a larger part of the country’s long-term energy mix, investment in liquefied natural gas (LNG) import... 


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pqt: 0.089s - ct: 0.138s - 275pq - 2rq
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