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Author: CKM Staff

Economy Gas Oil

Cabinda Shipping Services (CABSHIP) Confirms as a Bronze Sponsor for Angola Oil & Gas 2022

Cabinda Shipping Services will be shaping midstream, downstream and local content development discussions as a bronze sponsor at Angola Oil & Gas 2022 Energy Capital & Power (ECP) (https://EnergyCapitalPower.com) is proud to announce that Angola-based global logistics and supply chain management company, Cabinda Shipping Services (CABSHIP) (https://CABSHIP.co.ao), will be attending and participating as a bronze sponsor at this year’s edition of the Angola Oil & Gas (AOG) (https://bit.ly/3UyBCpP) conference and exhibition, set to take place from November 29 – December 01,

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Energy International Renewable Energy

Private power booms as green energy attracts finance

International investors are also being attracted by Africa’s renewable-energy opportunities Private power is booming. This was the message from Rand Merchant Bank (RMB) CEO Emrie Brown at the Green Energy Africa Summit (GEAS) (https://GreenEnergyAfricaSummit.com/), taking place at the Cape Town International Conference Centre from October 4-5. Brown was speaking during a successful first day of the Summit, which drew hundreds of local and international delegates. Brown identified a growing trend for metros and private companies to

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Diamonds Economy Mining

FB urged to invest in preserving the cultural identity of the regions

The General Director of Memorial Dr. António Agostinho Neto, António Fonseca urged the Brilhante Foundation to “guide for more actions aimed at culture and the arts, with a view to safeguarding the cultural identity of the communities surrounding the diamond mining areas”. António Fonseca was speaking on the occasion of the launch of the literary work “The cultural thought of Dr. Agostinho Neto” which took place on the 30th of September on the occasion of

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Economy Energy

Clarence Seedorf, and Ndaba Mandela to Host a Black Impact Foundation (BIF) – Thought-Provoking Roundtable at African Energy Week (AEW) 2022

The Black Impact Foundation – a sponsor of the AEW 2022 Just Energy Transition Concert – will be hosting a roundtable on October the 20th at AEW 2022 to discuss how Africa can drive energy sector growth and socioeconomic development by leveraging its vast human and local resources Africa’s vast yet largely unexploited human and natural resources – including an estimated 125.3 billion barrels of crude oil and 620 trillion cubic feet of gas reserves

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Economy Energy Gas Oil

Trading Giants Expect Robust Oil Demand Despite Recession Fears 

Global oil demand remains resilient despite slowing economies and is likely to hold up even if recessions materialize, executives at some of the largest commodity trading houses said on Tuesday. Oil consumption has surprised to the upside in recent months, and there hasn’t been significant demand destruction, as previously expected, economists and researchers at the top traders said at the Argus European Crude Conference in Geneva. “All the different factors suggest, yes, we may be

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Energy Oil

‘We will use our oil and gas to uplift our people’ – African energy leaders

While there is consensus on the need for low-carbon energy, the new energy mix must also support Africa’s social development and the upliftment of its people. This was the message from several delegates to the VIP and Ministerial Symposium of this year’s Africa Oil Week conference running from 3 to 7 October, at the CTICC. The event saw South African mineral resources and energy minister Gwede Mantashe, welcoming more than 30 energy ministers from across

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Economy Energy Gas

International Energy Agency’s (IEA) Deputy Executive Director Mary Burce Warlick to Drive Investment and Energy Transition Discussions at African Energy Week (AEW) 2022

The African Energy Chamber is proud to announce that Mary Burce Warlick, Deputy Executive Director of the International Energy Agency will attend and participate at African Energy Week 2022, shaping discussions around energy policies, investment trends, the energy transition and gender inclusivity across the sector Mary Burce Warlick, Deputy Executive Director, of the International Energy Agency (IEA), will be coming to Cape Town to attend and participate at the African Energy Week (AEW) (https://AECWeek.com/) conference

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Energy Economy Gas International

Only One EU Member Is Still Receiving Russian Natural Gas

With three of the four pipelines delivering Russian natural gas to Europe out of commission, Hungary is now the only EU member state still receiving Russian gas, Forbes Hungary writes. There are four pipelines that could supply Russian natural gas to Europe: Due to the huge income Russia has made from soaring gas prices, coupled with a massive reduction in other trade with Europe, Russia has no interest in completely shutting down these pipelines. Although Hungary still receives gas, its price

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Economy Energy Oil

Why OPEC+ Is Considering A Production Cut

Last week, rumors began circulating that OPEC+ was considering a production cut amid a substantial decline in oil prices over the last three months. Initially, reports said that the idea about a production cut had come from Russia, and it was for a cut of a million barrels daily in output. Later, the usual unnamed sources from the cartel came, who said OPEC+ was prepared to make an even deeper cut. Some have dismissed the talk about a deep

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Economy International Oil

Oil Traders Are Cashing In On Volatile Markets

The world’s commodity and oil traders are playing a crucial role in securing supplies amid a global energy crisis and disrupted trade flows following Russia’s invasion of Ukraine. Last week, the world’s biggest oil and gas traders met in Singapore for one of their industry’s top conferences. The war in Ukraine has been a double-edged sword for these traders who historically have been leading shippers of Russian oil. On one hand, they have benefited from being able to

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