African Energy Chamber
Source: African Energy Chamber |

With Approved Integrated Resource Plan, South Africa gives Investors a Roadmap to Transform its Energy Mix

Under the revised IRP approved this week, several power capacity additions are planned until 2030

Following South Africa’s approval of its revised Integrated Resource Plan (IRP2019), the African Energy Chamber (EnergyChamber.org) is optimistic about investment prospects and energy sector growth in the country. “The approval of the revised IRP2019 is a breakthrough for South Africa, which has huge energy investment potential,” said NJ Ayuk, Executive Chairman…

African Energy Chamber
Source: African Energy Chamber |

Negotiating for a better future: Why the good or bad of Russia’s presence in Africa will rely on the continent’s ability to make better deals

Deal-making is what will shape the future of Russia-Africa relations and will tell whether Russia’s renewed influence in the continent is good or bad for its people

By African Energy Chamber Russia’s return to Africa has been the subject of wide media coverage, governmental concerns and civil society reactions in recent weeks, especially as Sochi gears up to host the first ever Russia-Africa Summit next week. Most commentators have come from Europe and North America to voice…

Africa Oil & Power Conference
Source: Africa Oil & Power Conference |

Sudanese Minister of Energy and Mining will attend South Sudan Oil and Power 2019

Sudan has been a key role player in facilitating peace in South Sudan

Minister Adel Ali Ibrahim will meet with his South Sudanese counterpart, Minister Awow Daniel Chuang, at South Sudan Oil & Power 2019; topics to be discussed include the resumption of Block 5A and logistics corridors between the two countries; Sudan has been a key role player in facilitating peace in…

CWC Group Limited
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Source: CWC Group Limited |

Mozambique’s Gas Projects Enter Implementation Phase

Mozambique Liquefied Natural Gas (LNG) is set to be a game-changer for this East African nation of 31 million people

With a second FID in just 2 years, Mozambique has officially positioned itself as a key player in the global gas and LNG market for years to come. The latest FID on the US$20 billion Mozambique LNG project, makes it the largest sanction ever in sub-Saharan Africa oil and gas.…

Africa Oil & Power Conference
Source: Africa Oil & Power Conference |

Senegal launches First Ever Senegal Oil & Power Conference & Exhibition

The Senegalese government has officially named Africa Oil & Power as the official organizer of this event

Oil and gas hotspot in Africa will host a flagship conference in Dakar, May 27-28 2020; the Senegalese government has officially named Africa Oil & Power (AfricaOilAndPower.com) as the official organizer of this event; the conference & exhibition will gather top officials and leading executives from the energy industry to…

Africa Oil & Power Conference
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Source: Africa Oil & Power Conference |

Eskom: South Africa’s Government Must Work with Private Sector – South African Chamber of Commerce and Industry (SACCI) President

Governments need to start understanding that collaboration is critical

Speaking on a panel discussion on financing projects on the African continent, the President of the South African Chamber of Commerce and Industry (SACCI), Mtho Xulu said in order to incentivize banks and financers to start funding small to medium size businesses and/or small to medium size oil and gas…

Africa Oil & Power Conference
Source: Africa Oil & Power Conference |

PetroSA: Owning Foreign Oil Assets Key to South Africa Energy Security

French major Total’s Brulpadda discovery has a big role to play in balancing the country’s energy model and consumption

During a national oil companies panel discussion on the final day of the Africa Oil & Power conference an exhibition, Nhlanhla Gumede, Chairman of PetroSA outlined the realities in the country’s energy sector. In particular, he highlighted that South Africa is an oil consuming country and would remain as such,…

Africa Oil & Power Conference
Source: Africa Oil & Power Conference |

Somalia Open for Business, says Petroleum Minister: 15 Licenses on Offer

Minister invites investors to enter the country’s exploration and development industry

Rich in hydrocarbons and possessing a favorable geological structure, Somalia holds huge opportunities for investors looking to enter the East African market, said the country’s Minister of Petroleum and Mineral Resources, Hon. Abdirashid Mohamed Ahmed at the Africa Oil & Power conference. “Nowhere is the contribution that the energy industry…

Africa Oil & Power Conference
Source: Africa Oil & Power Conference |

Is Africa Competitive? Africa Oil & Power (AOP) Panelists Question the Continent’s Attractiveness

The panelists agreed that it is important to look at African countries individually and study their geological terms in comparison to their fiscal terms

Casting a spotlight on exploration and production in Africa’s oil and gas sector, the first day of the Africa Oil & Power conference (https://AfricaOilandPower.com/)  and exhibition concluded with a panel discussion on Africa’s upstream sector. Moderated by NJ Ayuk, Executive Chairman of the African Energy Chamber, the panel invited Robin…

Source: Africa Oil Week |

Bold vision promises new dawn for Nigeria’s ailing petrochemical industry

Nigeria is the second biggest oil-rich country in Africa, after Libya

Estimated to hold 37 billion barrels of proven oil reserves, Nigeria is the second biggest oil-rich country in Africa, after Libya. The exploitation of these resources has been in the hands of the Nigerian National Petroleum Corporation (NNPC) that was established in 1977 as a merger of the Nigerian National…