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Africa Oil Corp, commonly referred to as Africa Oil, is a prominent player in the gas and diesel oil industry, headquartered in Calgary, Alberta (CA). Founded in 2007, the company has established a strong presence in key operational regions across Africa, focusing on exploration and production activities in countries such as Kenya and Ethiopia.
Specialising in oil and gas exploration, Africa Oil is recognised for its strategic partnerships and innovative approaches to resource development. The company’s core offerings include exploration services and the development of oil fields, which are distinguished by their commitment to sustainable practices and community engagement.
With a solid market position, Africa Oil has achieved significant milestones, including successful drilling campaigns and the discovery of substantial oil reserves, reinforcing its reputation as a leader in the African energy sector.
+13 vs industry average
Africa Oil’s score of 29 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Gas/Diesel Oil is among the most carbon-intensive industries
The Gas/Diesel Oil industry has reduced its overall emissions by 23% since 2018
Scope 3 accounts for ••• of total emissions.
Africa Oil, headquartered in Canada, operates in the Gas/Diesel Oil industry. In 2025, the company reported approximately 194 million kg CO2e in Scope 1 emissions and about 13.7 billion kg CO2e in Scope 3 emissions (use of sold products). For 2024, Africa Oil's Scope 1 emissions were approximately 99 million kg CO2e, with Scope 3 emissions from business travel at about 694,000 kg CO2e. In 2023, Scope 1 emissions stood at approximately 106.6 million kg CO2e, Scope 2 emissions at 4,100 kg CO2e, and Scope 3 emissions (business travel and use of sold products) totalled about 2.9 billion kg CO2e.
Africa Oil has set a near-term ambition to achieve a 25% reduction in absolute Scope 1 emissions and Scope 2 emissions by the end of 2025, compared to a 2020 baseline. The company reported a 36% reduction in combined Scope 1 and Scope 2 GHG emissions between 2020 and 2025, exceeding its 25% reduction commitment.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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