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October 22, 2018The Puzzle of Oil Prices
From predictions of $100/barrel to prices falling below $80/barrel this week, the oil price is predictably unpredictable.
South Sudan Resumes Oil Production, Seeks Investors
South Sudan Oil & Power 2018 will highlight opportunities in November in Juba.
Oranto Petroleum Granted Extension for Nigeria’s OPL 293 Oil and Gas Block
The company applied for renewal of OPL 293 in 2012 and the renewal was granted on October 9, 2018.
October 19, 2018The Buzz: This Week in Africa
Top stories: Eskom coal shortages continue, SDX Energy, BP acquisition deal terminated
MARKET REPORT: Oil prices continue to trade lower
Oil prices continue to trade lower after data showed an unexpectedly strong build in U.S. crude stockpiles.
New Age strikes gas, oil in Cameroon
Two wells have been drilled safely and under budget.
October 18, 2018SDX Energy terminates asset acquisition deal
SDX Energy’s talks to acquire some of BPs assets in Egypt have been terminated.
Egypt to reduce fossil fuel dependence
The country is on the path to speeding up the procurement of renewable energy projects.
Concerns raised on day two of South Africa’s draft IRP public hearings
The stability of South Africa’s GDP is worrying for many groups across the energy sector.
October 17, 2018Sound Energy to drill well in Morocco
The Morocco-focused company will drill the first of three wells.
Rwanda secures funding for power supply
The country was awarded $265 million from the African Development Bank.
Ghana launches first oil and gas licensing round
President Akufo-Addo works to transform the sector and promote production and local participation.
October 16, 2018Cape Town looking to incorporate PV solar into energy mix for residents
Solid public-private partnerships and clear regulatory frameworks are needed to build a low carbon city.
Nigeria pipeline fire fatalities reach 200
Speculations on the cause suggest vandalism or negligence.
Liberia establishes Offshore and Gas and technology department
Liberia establishes department to keep up with offshore sector growth.
October 15, 2018South Africa: Exxaro Resources looks to supply coal to Eskom
Eskom works towards securing coal supply contracts for constrained power stations.
Russia-Africa Cooperation a Top Priority
The historic ties between Russia and Africa were highlighted at Russian Energy Week in Moscow this month.
Market Report: Subsea 7 awarded contract on Jubilee field
New policy for locally operating firms to refine at least 20 percent of the crude oil they produce in Nigeria.
October 12, 2018Chariot Oil & Gas reports discouraging drill results
Prospect S exploration well in Namibia did not encounter a hydrocarbon accumulation.
The Buzz: This Week in Africa
Top stories: Nigeria sees milestone crude oil production.
October 11, 2018Egypt’s first nuclear power plant gets 4 nuclear turbines from GE Power
The Arabelle steam turbines will deliver enough CO2 free electricity to power over 4 million homes.