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December 14, 2018Market Report: Nigeria to grow local content in oil and gas industry
Nigeria to grow local content from 40 percent to 70 percent by 2027 in oil and gas industry.
Senegal, US Govt Agency sign $550m power deal
The power deal will benefit over 12 million people.
Eskom secures loan agreement with French development agency
The loan will see the strengthening and refurbishment of transmission lines.
December 13, 2018Senegal: Construction underway at utility-scale wind farm
The ground-breaking project will be completed in 2020.
Nigeria expects to pass Petroleum Industry Bill next year
The Petroleum Industry Bill has been contested and amended for the past 17 years.
December 12, 2018ExxonMobil to run its largest 3D seismic campaign in the MSGBC Basin
ExxonMobil has launched its largest 3D data acquisition program in the MSGBC water basin.
Qatar Petroleum, ExxonMobil, enter Mozambique offshore oil blocks
This is the first time Qatar Petroleum has ventured into Mozambique’s offshore fields.
Angola: Eni begins oil production at Vandumbu field
The ramp-up of Vandumbu field will be completed in Q1 2019.
December 11, 2018Mauritania: Total acquires two exploration blocks
The oil major is increasing its footprint in Mauritania.
Eni strikes oil offshore Angola
The discovery is estimated to contain between 170 million barrels and 200 million barrels of light oil.
Equatorial Guinea Primed for Huge Growth as Host of 2019 ‘Year of Energy’
Year of Energy initiative will provide impetus for intra-African cooperation.
South Sudan’s Unity Oilfields to Restart Production by End of 2018
Production resumption at South Sudan’s Unity oilfields is on schedule for December 31, 2018.
December 10, 2018GECF: Global gas demand will grow 46 percent by 2040
Gas report says generating electricity and the industrial sector will be major contributors.
Angola to roll out National Agency of Petroleum and Gas
The agency will regulate and design oil and petroleum policies under the ministry.
December 7, 2018OPEC Reaches Deal on Production Cuts
OPEC and non-OPEC producers have agreed to cut oil production by 1.2 million bpd
Market Report: NNPC to increase consumption of LPG
NNPC has expressed commitment to exponentially grow the local consumption of the LPG.
The Buzz: This Week in Africa
Top stories: Qatar leaves OPEC, OPEC delays decision on production cuts
Senegal: Ministry of Petroleum and Energy increases budget
The increased budget indicates the ministry’s optimism about the country’s petroleum sector.
Russia, Rwanda sign atomic energy agreement
The agreement establishes legal basis for interaction between Russia and Rwanda in a wide range of areas.
OPEC Delays Decision on Cuts
Oil prices fell Thursday after OPEC delayed a decision on production cuts.
December 6, 2018Nigeria electrification project gets $200m boost
The loan will improve access to reliable and clean energy in underserved areas.