Africa Oil Corp. is focused on producing oil and gas assets in Africa
Letter from Africa: Investors should look beyond region’s challenges
Opportunities abound as hydrocarbons remain crucial to growing energy needs
Analysts are bullish on Africa Oil Corp., and it is easy to see why. During the first months of 2023, the Canada-headquartered company beat the S&P 500 by double digits, largely by virtue of its stake in TotalEnergies’ massive Venus prospect offshore southern Namibia. Venus, which is believed to hold billions of barrels of oil and associated gas, made headlines in 2022 as the year’s largest hydrocarbon discovery and TotalEnergies’ biggest find in decades. As for Africa Oil Corp., it is the only publicly listed independent E&P company with exposure to the Venus discovery, through a 30.9pc shareholding in privately owned Impact Oil & Gas. Africa Oil Corp. is focused on producing oi
Also in this section
28 April 2026
The key energy player faces balancing regional routes, political complexities, and creating a clear strategic vision for energy security
24 April 2026
The European Commission’s response to the Middle East crisis is to double down on its transition strategy, with plans for a new target on electrification
24 April 2026
A major new discovery by Eni and BP that can likely be fast-tracked to production is welcome news for Egypt as it scrambles to plug a widening supply gap and deal with rising import risks
24 April 2026
Countries in the region are turning to the cleaner-burning fuel for power generation, driving demand for imports
