Oil and gas

regional projects

AfDB rebuts claims that it plans to provide financial support to...

The African Development Bank has become aware of an inaccurate news article stating that the institution plans to provide financial support to the East African Crude Oil Pipeline Project.
Siemens Energy scores a deal in the Mozambique LNG project

Nigeria: $50m pledge to support oil and gas industry local content

The Nigerian Content Development and Monitoring Board will establish a $50 million intervention fund to support local content in the oil and gas industry.
Rockefeller Foundation pledges $1bn for green recovery

Op-Ed: Chemical and oil companies to slash capex to preserve cash

Due to COVID-19 and collapse in crude oil prices, chemical, oil and gas, and midstream companies will all slash capex for growth projects to preserve cash.
oil price

IRENA Director-General says oil price won’t impact renewable strategies

In the current market situation, oil market volatility is unlikely to have a significant impact on RE plans and investments says Francesco La Camera.
Siemens Energy scores a deal in the Mozambique LNG project

IEA Oil 2020 report highlights COVID-19 risk but lacks climate response

The IEA OIl 2020 report identifies a worst-case scenario for the market if COVID-19 continues to spread globally and China's need for oil remains subdued.
Senegal offshore licensing

Oil and Gas Council hosts the first Senegal offshore licencing round

President Macky Sall opened the Oil & Gas Council’s 4th MSGBC Basin Summit & Exhibition in Dakar, where he announced Senegal's first offshore licencing round.
oil industry

Op-Ed: DRC’s oil industry potential remains untapped

Standing in the 12th position amongst African oil producers, DRC’s oil industry is miniscule, producing about 25 thousand barrels of crude oil per day.
African market hot spots for Oil & Gas

IOCs have no choice but to support the energy transition

International Oil Companies (IOCs) have an opportunity to be key players in the renewable energy space, regardless of the already competitive landscape.
Virtual reality

African Energy Chamber to empower young energy professionals

The African Energy Chamber is launching its first Fellowship Programme to provide young energy professionals with the tools to become future leaders across the industry.
Angola oil and gas

Angola: Regulatory reform targets revival of oil and gas market

Angola's regulatory reform and changes to the tax framework has encouraged international oil and gas companies to take a fresh look at the country.

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