As a significant step in its global growth journey, Petrofossil expands its operations in the African continent with planned greenfield projects in Algeria and Angola. These upcoming developments mark the company’s official entry into the African market which reflects its long-term vision to expand refining and petroleum manufacturing capabilities across new regions. With this entry, PetroFossil aims to establish a strong operational presence while supporting the growing demand for lubricants, refined products, and industrial energy solutions across the continent.

Africa’s petroleum industry recently entered a phase of rapid transformation, driven by rising energy demand, population growth, and increasing industrialization. The continent already contributes over 7% of global oil production, with key regions in West and North Africa leading the output. The demand for refined petroleum products is still expected to grow significantly,

with consumption projected to reach over 5 million barrels per day by 2040, creating a strong need for new refining capacity and infrastructure. PetroFossil’s entry into markets like Algeria and Angola positions the company to support this demand, strengthen regional supply chains, and contribute to local industrial development through advanced refining and distribution networks.

Beyond expansion, Petrofossil remains committed to building a responsible and future-ready energy ecosystem in Africa. The company’s approach focuses on sustainable manufacturing, efficient resource utilization, and long-term value creation for local economies. These projects are not just about growth, but about contributing to energy access, job creation, and industrial progress. This marks the beginning of a larger vision, where Petrofossil continues to expand into new countries, supporting the development of sustainable petroleum manufacturing and helping drive economic growth across African nations.