The Angolan oil sector should soon see the entry of new projects, which will add added value to the market as a result of new investments. The consultancy Oxford Economics Africa predicted, at the start of this week, that oil production in Angola will rise 4.4 percent this year, to 1.18 million barrels a day, after having grown 3.8 percent from January to August. . “Oil production in Angola continues to improve this year, in
Angola is one of the few African countries that implements a mixed strategy of exploration of fossil fuels, without taking away the focus on renewable energies, making it a preferred destination for investors. “The energy transition in Africa needs to be orderly; as many countries have and will exploit fossil fuels, while developing a focus on renewable energies. Countries with high LNG potential, such as Angola, Mozambique, Tanzania and Nigeria, will see a sustained interest
Banco Caixa Geral Angola announces, today, in Luanda, the result of the Initial Public Offering (IPO), launched on 5 September for the sale on the stock exchange of 25 percent of the shares held by Sonangol. According to the prospectus, the final price of the Initial Public Offer for Sale to the Public was set at a maximum limit of 5,000 kwanzas. “The final price of shares destined for Público in the Initial Public Offer
During the continent’s premier event for the oil and gas sector, an Invest in Equatorial Guinea side event will showcase the numerous opportunities present across the country’s energy landscape Taking place under the theme Exploring and Investing in Africa’s Energy Future while Driving an Enabling Environment, the 2022 edition of African Energy Week (AEW) (https://AECWeek.com/) – taking place from October 18-21 in Cape Town – will not only drive Africa’s narrative on global energy matters
The decision made by the South African Heritage Resources Agency (SAHRA) on September 15 to permit the backfilling of the historic Jagersfontein diamond mining pit with waste from a second compartment of the tailings dam – to prevent a secondary breach after one compartment of the dam failed on September 11 – has been met with concern and opposition by Youssef Diamonds Liberia chief geologist and Florida International University earth and environmental sciences research professor Stephen Haggarty. In an open letter addressed to the SAHRA on
Diamond miner BlueRock Diamonds, which is listed on the Aim and operates the Kareevlei diamond mine, in South Africa, says David Facey has stepped down from his board position with immediate effect. “I would like to thank David for his valuable contribution and unstinting support to BlueRock over the years and wish him well with his future endeavours,” chairperson Rob Croll comments.
The Deputy Prime Minister, Minister of the Environment and Sustainable Development, Eve Bazaïba, presented to the Council on Friday, September 16, the file relating to the environmental aspect of the Call for tenders for the exploration of 27 oil blocks and 3 gas blocks launched by the Government on July 28, 2022. On this occasion, she recalled “that no provision of the international legal instruments ratified by the Democratic Republic of Congo prohibits its Government
The finalists were chosen from a field of entrepreneurs and start-ups and will have the chance to present to potential investors at a pitching event in October during the GEAS The Green Energy Africa Summit (GEAS) has announced the finalists of the Energy Investment Village, a selection of the most compelling local clean-tech projects, who will have the chance to pitch to energy leaders holding potential investments worth more than $100 billion. The Energy Investment
H.E. Haitham Al Ghais will discuss the role of market stability in his opening address and during an OPEC-Africa Dialogue Session featuring African OPEC and non-OPEC member countries The African Energy Chamber (AEC) is proud to announce that H.E. Haitham Al Ghais, Secretary General of the Organization of Petroleum Exporting Countries (OPEC), will deliver the opening keynote address at this year’s edition of African Energy Week (AEW) (www.AECWeek.com), taking place from October 18-21, 2022 in
Wale Tinubu, the Group Chief Executive of Oando Energy, will be shaping African Energy Week 2022 dialogue around best practices to fast-track Africa’s energy developments in the era of the energy transition Wale Tinubu, Group Chief Executive of Oando PLC – a Nigerian multinational energy company operating in the upstream, midstream and downstream sectors – will be coming to Cape Town to attend and participate at this year’s edition of the African Energy Week (AEW) (www.AECWeek.com) conference
