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
12 December 2025
The latest edition of our annual Outlook publication, titled 'The shape of energy to come: Creating unique pathways and managing shifting alliances', is available now
12 December 2025
The federal government is working with Alberta to improve the country’s access to Asian markets and reduce dependence on the US, but there are challenges to their plans
11 December 2025
The removal of the ban on oil and gas exploration and an overhaul of the system sends all the right messages for energy security, affordability and sustainability
10 December 2025
The economic and environmental cost of the seven-year exploration ban will be felt long after its removal
