Rystad Energy analysis shows oilfield service purchases is set to lose $340b until 2028 as peak oil is closer than ever

12-04-2020 | 08:57:00
The oilfield service (OFS) market is projected to lose a cumulative $340 billion in purchases value over the next eight years, a Rystad Energy analysis shows.

Off-grid solar generation could affect how Africa uses coal, natural gas for electricity

11-25-2020 | 08:19:00
In the International Energy Outlook 2020 (IEO2020), the U.S. Energy Information Administration (EIA) projects electricity generation in Africa using two cases with different assumptions about how future electricity needs are fulfilled.

Adopting competitive fiscal frameworks key to boosting investment in Africa’s oil and gas sector

11-25-2020 | 06:16:32
Without bold fiscal reforms, Africa is doomed to further loose its global market share of oil & gas investment and production.

NJ Ayuk: African countries must develop strategic fiscal policies to survive oil & gas industry changes on horizon

11-18-2020 | 14:07:37
The future of the global oil and gas industry has been a subject of great fascination and debate for decades. Since COVID-19 surfaced, there has been even more conjecture on this topic.

[Column] NJ Ayuk: COVID-19 should be a wake up call for Africa’s oil and gas industry

11-13-2020 | 06:56:15
Today, the economic winds are at our backs. There is so much we can do this year and beyond to make Africa more prosperous and hopeful.

African Energy Chamber expects LNG to prevent massive jobs destruction in Africa

11-12-2020 | 14:07:00
Despite the profound crises of 2020 which have jeopardized hundreds of thousands of jobs across Africa, the African Energy Chamber expects employment to remain strong due to ongoing capital projects sanctioned since 2018.

African Energy Chamber forecasts increased gas monetisation in latest 2021 outlook

11-11-2020 | 14:26:45
In its latest Africa Energy Outlook 2021, the African Energy Chamber forecasts increased gas monetization across the continent on the back of decarbonisation and industrialisation drive.

[Column] NJ Ayuk: Nigeria’s changing legal regime: Is Africa’s biggest oil producer within reach of a new oil law?

11-11-2020 | 10:45:58
The African Energy Chamber has published a report outlining its short-term predictions for the continent. That report identifies Nigeria as the country with the most potential for increasing hydrocarbon production.

[Column] C. Derek Campbell : Stakeholders’ engagement key to the success of Mozambique’s LNG projects

11-11-2020 | 10:43:19
The scale and enormous economic potential of Mozambique’s LNG projects constitutes a seminal effort with national, regional and global implications and visibility.

[Column] Victoria Nalule, Xiaoyi Mu: Should countries fire sell their oil & gas assets?

11-11-2020 | 10:31:50
Does the energy transition imply a total ban on fossil fuels and should countries fire sell their oil & gas assets? No, energy transition does not mean a total ban on fossil fuels.

[Column] Rubesh Doomun: What lessons can be drawn from the MV Wakashio Incident?

10-20-2020 | 06:28:52
Much ink, and oil, has already been spilled about Mauritius having to deal with an ecological catastrophe. A few weeks before, everything was operating at leisurely speed on the south-east of Mauritius.

[Column] Florival Mucave: Mozambique can realize full benefits of natural gas production

10-20-2020 | 06:24:20
For far too long, descriptions of Mozambique have contained some variation of the following: Mozambique one of the poorest Least Developed Countries in the world faces endemic droughts, floods and widespread poverty.

Oil sector fall drives down growth in west and central Africa, World Bank

10-14-2020 | 06:00:00
Economic growth will fall this year across west and central Africa due to the effects of the coronavirus pandemic, with the fortunes of major oil producing nations set to decline, according to a report from the World Bank.

Gas industry opportunities can revive Mozambique’ s special relationship with Germany

10-14-2020 | 05:47:00
Mozambique and Germany have a special relationship, that was formalised when the German Democratic Republic established diplomatic relationships with the then newly independent Republic of Mozambique in 1975.

[Column] NJ Ayuk: Nigeria’s energy industry hasn’t realized its promise 60 years after independence

10-01-2020 | 06:08:30
On Oct. 1, 1960, everything seemed possible for Nigeria: After nearly 80 years of colonialism under Great Britain, it was finally an independent nation.