Africa Oil
Africa Oil Corp, commonly referred to as Africa Oil, is a prominent player in the oil and gas industry, headquartered in Calgary, Alberta, Canada. Founded in 2007, the company has established a significant presence in East Africa, particularly in countries like Kenya and Ethiopia, where it focuses on exploration and development of oil resources. Specialising in the acquisition and development of oil assets, Africa Oil is recognised for its strategic partnerships and innovative approaches to resource management. The company’s core offerings include exploration, production, and development of oil fields, which are distinguished by their commitment to sustainable practices and community engagement. With a strong market position, Africa Oil has achieved notable milestones, including successful drilling campaigns and significant resource discoveries, solidifying its reputation as a leader in the African oil sector.
DitchCarbon Score
How does Africa Oil's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Gas/Diesel Oil industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Africa Oil's score of 13 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Africa Oil's reported carbon emissions
In 2023, Africa Oil reported total emissions of approximately 106,582,000 kg CO2e for Scope 1 and 2 combined. This represents a decrease from 2022, where emissions were about 117,165,000 kg CO2e for Scope 1 (including 14,000 kg CO2e from fugitive emissions) and 28,900 kg CO2e for Scope 2. The emissions intensity for Scope 1 in 2023 was approximately 0.0143 kg CO2e per barrel of oil equivalent (boe), compared to 0.0132 kg CO2e/boe in 2022. In 2022, Africa Oil also disclosed significant Scope 3 emissions, totalling about 4,973,000,000 kg CO2e, primarily from the use of sold products (approximately 3,568,217,000 kg CO2e) and business travel (about 561,517,000 kg CO2e). Despite these figures, Africa Oil has not set specific reduction targets or climate pledges, indicating a potential area for improvement in their climate commitments. The company continues to operate within the mineral fuels and oils sector, where emissions management is critical for aligning with global climate goals.
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Get Started| 2020 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 129,200,000 | 000,000,000 | - |
| Scope 2 | 20,000 | 00,000 | - |
| Scope 3 | - | 0,000,000,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Africa Oil is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
