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
24 December 2025
As activity in the US Gulf has stagnated at a lower level, the government is taking steps to encourage fresh exploration and bolster field development work
23 December 2025
The new government has brought stability and security to the country, with the door now open to international investment
23 December 2025
A third wave of LNG supply is coming, and with it a likely oversupply of the fuel by 2028
22 December 2025
Weakening climate resolve in the developed world and rapidly growing demand in developing countries means peak oil is still a long way away
