07-13-2021 | 10:42:31
Over the past three decades, Angola has proven to be a tier one destination for major oil and gas producers. It is for that reason, that the country is host to all major International Oil Companies.
07-02-2021 | 09:01:42
The African natural gas value chain has become the preferred destination for foreign direct investment – not only because the continent holds over 500 trillion cubic feet of proven reserves, but also because natural gas is a critical step in the global energy transition.
07-01-2021 | 08:07:07
One of the industries that can benefit from AfCFTA is the energy sector, both the traditional oil and gas operators as well as the growing number of renewable enterprises.
06-25-2021 | 07:28:32
The Cancel Fossil Fuels movement is currently being led by the International Energy Agency, which recently declared that all oil and gas exploration must cease immediately in order to achieve compliance with the Paris climate accords – and save the world from the mythical fires of hell on Earth.
06-08-2021 | 09:05:00
The global government income from oil and gas taxation fell to a multi-year low in 2020 of around $560 billion, as production and prices shrunk. Before Covid-19, oil and gas taxes usually exceeded the trillion-dollar mark.
06-07-2021 | 09:56:48
Achieving net zero emissions means the amount of greenhouse gases being emitted into the atmosphere would equal the amount being removed. Achieving this balance, the IEA maintains, would require more than aggressive carbon-capture measures:
05-20-2021 | 08:25:00
As Southern Africa’s leading economy, South Africa should evaluate the development of gas-to-power projects to address climate change, increase its power generating capacity, and stop load shedding.
05-05-2021 | 15:14:01
Africa’s vast oil and gas resources are one of the things that make the continent unique. They are key to a better future. But what we need is for women to have greater control over them.
04-14-2021 | 11:49:05
It will enable Niger’s daily crude production to rise from currently 20,000 barrels to 110,000 barrels per day, making Niger a key gateway to the much-touted resource rich but largely unexplored Sahel region.
04-13-2021 | 16:32:00
In the past twelve months, the African energy sector has seen several encouraging developments, in the form of both Foreign Direct Investment (FDI) and strategic partnerships, that have advanced the sustainable development of its natural resources.
04-12-2021 | 16:36:16
In this sense, the country has placed a major focus on developing in-country financing capabilities necessary for training, up-skilling and engaging local companies and individuals.
03-25-2021 | 13:20:00
Focusing more on growing intracontinental oil and gas trade will give countries autonomy to govern their international trade agreements, which have often left African countries on the losing end.
03-19-2021 | 09:56:00
There has been much talk about natural gas as a transition fuel, primarily in helping to lower emissions and pollution by displacing coal in power generation, but also in complementing intermittent renewables, and targeting the (blue) hydrogen economy.
03-19-2021 | 06:56:00
Capital expenditure for renewable energy projects is set for a new record in 2021, a Rystad Energy analysis shows, forecast to reach $243 billion, and narrowing the gap with oil and gas spending, which is projected to be relatively flat this year at $311 billion.
03-05-2021 | 07:23:00
As one of leading resource-rich countries in sub-Saharan Africa, Mozambique has the potential to not only significantly advance its own socioeconomic status, but also dramatically boost economic growth throughout the region.