In the News

Angola’s economy is experiencing a boost from increased oil revenue, raising hopes for sustained growth as the government focuses on infrastructure, healthcare, and education.

South Africa separates its energy portfolio, appointing Ramokgopa and Graham as new leaders to address the complex energy transition challenges.

China creates a new entity to explore ultra-deep oil and gas reserves, combining national oil producers and state firms to enhance energy security and tackle non-conventional resources.

EDF is shifting to proven technologies for its small modular reactors to address cost concerns and avoid delays, aiming for a successful market entry.

Rising oil prices influenced by China’s economic data and rising geopolitical tensions across key regions.

Aiteo Eastern Exploration terminates security contracts due to crude theft and fraud allegations, affecting Amotoi Global Services and other providers.

Experts at the Africa Gas Innovation Summit emphasize the need for innovation and collaboration to harness Africa’s vast gas resources for sustainable development.

Nigeria is focusing on eight idle oil fields to boost its struggling petrodollar economy, potentially adding over 300,000 barrels per day to national production and attracting significant investment.

Saudi Aramco has signed contracts worth over $25 billion to expand the Jafurah gas field and main gas network, marking significant advancements in Saudi Arabia’s energy sector

AU Commissioner Amani Abou-Zeid highlights financing challenges and strategies for renewable energy investment in Africa at COP29 dialogue.