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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 62% 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, a Canadian-headquartered Gas/Diesel Oil company, reported its most recent emissions data for 2025, which included Scope 1 emissions of approximately 194.1 million kg CO2e and Scope 3 emissions from the use of sold products totalling about 13.7 billion kg CO2e.
Looking at previous years, in 2024, the company recorded Scope 1 emissions of approximately 99.0 million kg CO2e and Scope 3 emissions from business travel of about 694,000 kg CO2e. For 2023, Africa Oil disclosed Scope 1 emissions of approximately 106.6 million kg CO2e, Scope 2 emissions of about 4,100 kg CO2e, and Scope 3 emissions from business travel of approximately 253,000 kg CO2e, alongside use of sold products emissions of about 2.9 billion kg CO2e. In 2022, reported Scope 1 emissions were around 117.0 million kg CO2e. The company's 2021 Scope 1 emissions were approximately 126.9 million kg CO2e. In 2020, Africa Oil reported Scope 1 emissions of about 129.2 million kg CO2e and Scope 2 emissions of approximately 20,000 kg CO2e.
Africa Oil has set a short-term ambition to achieve a 25% reduction in absolute Scope 1 emissions and Scope 2 emissions on its existing portfolio of non-operated producing assets by the end of 2025, compared to a 2020 baseline. The company states it is on track to meet this 2025 target. Furthermore, there has been a reported 36% reduction in combined Scope 1 and Scope 2 GHG emissions between 2020 and 2025, exceeding the company's commitment of a 25% reduction against the 2020 baseline.
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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