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 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 21 is higher than 81% 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 carbon emissions of approximately 106,578,000 kg CO2e, with emissions primarily from Scope 1, which accounted for the entirety of their direct emissions. The company also recorded Scope 2 emissions of about 4,100 kg CO2e and Scope 3 emissions of approximately 2,938,000,000 kg CO2e. Over the past few years, Africa Oil has demonstrated a trend of decreasing emissions. In 2022, total emissions were about 117,048,000 kg CO2e, down from approximately 126,920,000 kg CO2e in 2021 and 129,231,000 kg CO2e in 2020. This indicates a significant reduction in their carbon footprint, particularly in Scope 1 emissions, which fell from about 129,231,000 kg CO2e in 2020 to 106,578,000 kg CO2e in 2023. Despite these reductions, Africa Oil has not publicly committed to specific reduction targets or initiatives, nor have they aligned with the Science Based Targets initiative (SBTi) for formal climate pledges. The company continues to operate within the mineral fuels and oils sector, where emissions intensity is a critical metric, with reported emissions intensity for Scope 1 at approximately 0.0143 kg CO2e per barrel of oil equivalent (boe) in 2023. Overall, while Africa Oil has made strides in reducing its emissions, the absence of formal climate commitments suggests an opportunity for further engagement in sustainability practices within the industry.
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Add to project| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 129,231,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | 00 | 00,000 | 0,000 |
| Scope 3 | - | 000,000 | 0,000,000,000 | 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.
