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2017 Recap: LNG, Pipelines and New Frontiers
The stabilization of oil prices in 2017 was welcomed news for oil-producing countries in Africa, and signalled a progressive output for the continent.
July 17, 2018
Dangote signs $650m loan for Lekki refinery
Dangote Group has signed a $650 million loan from Afreximbank for its oil refinery in Lekki.
Ghana energy sector gets $20m boost
The World Bank has approved a $20 million credit facility to fund the Ghana Energy Sector.
July 16, 2018
UAE to invest $10bn in South Africa
UAE announces plans to make a $10bn investment into key sectors of the South African economy.
The Buzz: This Week in Africa
Total closes acquisition of Engie LNG portfolio, China plans make $3bn investment Nigerian oil operations
Africa Oil & Power Partners with Africa Energy Chamber
Africa Oil & Power has signed a strategic partnership with the Africa Energy Chamber.
July 13, 2018
AfDB launches first Electricity Regulation Index
The African Development Bank has launched its first Electricity Regulatory Index for Africa.
July 9, 2018
The Buzz: This Week in Africa
Top Stories: Protests in Kenya End Following Talks; Eni Starts Production at Sankofa Field; Tanzania Threatens To Pull Licenses Over Local Content
July 6, 2018
Market Report: NNPC Seeks Funding for New Projects
NNPC signed about $2.5 billion in alternative funding agreements for joint venture (JV) projects.
July 2, 2018
The Buzz: This Week in Africa
Oil prices reached a three and a half year high, Eni makes a new oil discovery offshore Angola.
June 29, 2018
Market Report: Oil prices rise to three-year high
Oil prices see a three-year high amid falling U.S. stockpiles and U.S./ Iranian tensions.
Nigeria’s Transmission Network gets $1.57 bn to Expand Grid
International development agencies will fund the growth of Nigeria’s transmission infrastructure.
June 28, 2018
South Sudan works to increase electricity supply
South Sudan to increase the country’s power supply and boost economic development.
June 27, 2018
Namibia: Eco Atlantic exploration license extended
Eco Atlantic and its partners get a one-year extension on its PEL50 license.
June 26, 2018
Exxon and Eni exploration contracts in Mozambique to be finalized
ExxonMobil and Eni are close to finalising their exploration contracts awarded to them in 2015.
Oranto Petroleum Acquires Zambian Oil Blocks
Blocks 17 and 27 represent Oranto’s first investment in the country.
June 25, 2018
Oil Ministers of Sudan, South Sudan Talk Cooperation
The two parties met in Khartoum to talk about resuming oil production in blocks 1, 2, 4 and 5A.
The Buzz: This Week in Africa
Top stories: The Republic of Congo joins OPEC, Total and CNOOC to start oil production in Uganda in 2021.
June 22, 2018
The Republic of the Congo Joins Global Producers as Newest OPEC Member
Congo's membership was concluded during the 174th Ordinary Meeting of OPEC.
Market Report: Nigeria issues licenses for 40 new modular refineries
Nigeria to refurbish its Kaduna, Warri, and Port Harcourt by October 2018, oil prices settle lower
June 21, 2018
Nigerian power supply to get 12,000 MW boost
The Nigerian power sector is set to get a boost from the Dangote Group’s subsea pipeline project
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