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Category: Economy

Economy Energy Oil

Africa Finance Corporation to Discuss Access to Financing at African Energy Week 2022

A delegation from the Africa Finance Corporation will be shaping high-level discussions around accelerating investment in oil and gas exploration and production as the continent pursues making energy poverty history by 2030 The African Energy Chamber (AEC) is proud to be hosting a delegation from pan-African multilateral development financial institution, the Africa Finance Corporation (AFC), during the African Energy Week (AEW) (www.AECWeek.com) conference and exhibition, Africa’s premier event for the oil and gas sector which

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Economy Energy Gas International Oil

Nigerian National Petroleum Corporation (NNPC) CEO to Join Strong Nigerian Delegation and Deliver Keynote Address at African Energy Week (AEW) 2022 in Cape Town

Nigeria’s state oil corporation, the Nigerian National Petroleum Corporation’s, CEO, Mele Kyari, will deliver a keynote address and participate as part of an esteemed Nigerian Delegation at this year’s African Energy Week exhibition and networking event in Cape Town Committed to capacity and human development, ensuring energy sector growth as a catalyst for wider socio economic development, and emphasizing the value of local continent in Africa’s energy future, Mele Kyari, CEO of Nigeria’s state oil

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Economy Energy Gas Mining Oil

New Welligence Report Reveals the Future of Angola’s Oil and Gas Industry

An exclusive report produced for Africa Oil Week reveals the future of Angola’s oil and gas journey Africa Oil Week (www.Africa-OilWeek.com) has partnered with leading market intelligence firm, Welligence, to create an exclusive report looking into the future of Angola’s oil and gas industry. Produced in partnership with our Data and Analytics Partner, Welligence, it provides key insights into Angola’s long journey to being one of the largest oil producers in Sub-Sahara. Africa Oil Week

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Economy Energy

In the Energy Transition Era, Africa Should Prioritize its Own Development

Speaking during the closing Ministerial panel of the MSGBC Oil, Gas & Power 2022 conference, regional ministers made a strong case for the need to develop Africa before transitioning to renewables Ushering MSGBC Oil, Gas & Power 2022 (https://bit.ly/3a4fuRb) to a triumphant close, the final Ministerial panel of the conference convened under the theme, “The Future of Africa’s Energy: COP27 and the Road Ahead,” presenting a unified African position on energy autonomy and security ahead

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Economy Energy Gas Oil Petroleum

Minister Gladima Announces MSGBC Oil, Gas & Power 2023 to take place in Mauritania

H.E. Sophie Gladima, Minister of Petroleum and Energies for the Republic of Senegal announced that MSGBC Oil, Gas & Power 2023 will take place in Mauritania next year and gave the final remarks for MSGBC 2022, thanking her fellow Ministers and the assembled delegates for their attendance, insight and inputs in developments over the course of the two-day event, West Africa’s foremost energy forum On the final day of the MSGBC Oil, Gas & Power

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Economy Energy Gas

Golar LNG’s Karl Fredrik Staubo to Discuss Liquefied Natural Gas (LNG) and Gas Monetization at African Energy Week (AEW) 2022

Karl Fredrik Staubo, CEO at Golar LNG – a silver sponsor for AEW 2022 – will be attending and speaking at this year’s biggest energy event on how Africa can fast track the development, exploitation and monetization of gas resources using liquefied natural gas. With Africa having an estimated 620 trillion cubic feet of gas reserves which remains untapped, an opportunity has risen for the continent to address its looming energy poverty rates while driving

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Economy Energy International

Honorable Gwede Mantashe Provides Insight into South-East African Cooperation Ahead of South Sudan Energy Conference

Ahead of South Sudan Oil & Power 2022, Honorable Minister Gwede Mantashe sat down with the Energy Capital & Power team to discuss his Ministry’s 2022-2023 agenda and the role regional cooperation will play With the fifth edition of South Sudan Oil & Power 2022 (https://bit.ly/3A1hgvV) kicking off on Tuesday, Hon. Gwede Mantashe, South Africa’s Minister of Mineral Resources and Energy, provided insight into the role regional cooperation and intra-African trade plays in Africa, as

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Economy

32 Banco Caixa Angola branches subscribe to Sonangol Shares

Those interested in acquiring shares relating to the sale of Sonangol’s entire stake in Banco Caixa Angola may, until the 16th, subscribe for them at one of the 32 bank branches across the country. According to the bank, the subscription period runs from 9 am on September 5th to 3 pm on September 16th, with the 12th being the deadline for amending or revoking submitted purchase orders. In the document that Jornal de Angola had

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Economy Energy International

TAAG and Boeing reach agreement on aircraft supply

TAAG and the US builder Boeing, the main supplier of aircraft to the national flag company, reached an agreement on the resolution of “financial pending” creating the conditions for cooperation in the supply of aircraft for the future. According to a TAAG press release, after a long and complex negotiation carried out since the swearing in of TAAG’s new management with Boeing, “we communicate to the market that the two entities have reached an agreement

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Economy Energy Mining Oil

Oil: Brent opens session higher

Brent oil a benchmark for Angola’s exports, for delivery in November opened up 4.14 percent, to around US$3.69, to US$92.84, in the session. At the close (Friday) it accumulated a weekly loss of 0.19 percent. WTI oil for October advanced 3.89 percent to $3.25 in the session, at $86.79 a barrel, but had a slight drop of 0.09 percent for the week. Against this backdrop, crude oil futures closed up about 4 percent on Friday,

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