Earthquakes Cause Severe Damage To Turkey’s Energy Infrastructure

Turkey’s energy infrastructure has suffered severe damage from the two earthquakes that shook Turkey and neighbor Syria yesterday, killing more than 3,000 people, according to the country’s government. The first 7.7-magnitude quake damaged a big port on the Mediterranean, Turkey’s Energy and Natural Resources Minister Fatih Donmez said, as quoted by news agencies, and later in the day, a fire broke out at the same port. Operations at the Ceyhan oil terminal were halted as a result of the

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Angola Showcases Mineral Potential to Drive Energy Transformation at Mining Indaba

Minister of Mineral Resources, Oil and Gas, Diamantino Azevedo, said on monday 6thr feb in Cape Town that Angola has a high mining potential that can help in the process of energy transition. Diamantino Azevedo was speaking during the opening of the Mining Indaba international conference, which is being held from 6 to 9 February, in South Africa, under the slogan “unlock the future of mining in Africa”. The minister also made known that the

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African Petroleum Producers Organisation (APPO) head supports the Organisation of Oil Producing Countries (OPEC) production cut

The decision by OPEC was made following the 33rd OPEC and non-OPEC ministerial meeting on 5 October. The secretary-general of APPO, the African Petroleum Producers Organisation, has come out in support of the recent decision by OPEC to cut production by around 2%, on the side-lines of Africa Oil Week (www.Africa-OilWeek.com) in Cape Town. “It is a decision well taken,” said APPO secretary-general Dr Omar Farouk Ibrahim, on the sidelines of Africa Oil Week, being

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Angolan National Oil Company (NOC), Sonangol, to Participate at Angola Oil and Gas 2022 as Diamond Sponsor

Sonangol has officially been confirmed as a Diamond Sponsor at this year’s upcoming Angola Oil & Gas 2022 Conference and Exhibition Energy Capital & Power (https://EnergyCapitalPower.com) is proud to announce that Angola’s National Oil Company (NOC), Sonangol (www.Sonangol.co.ao), has been confirmed to participate at the Angola Oil & Gas (AOG) 2022 Conference and Exhibition (https://bit.ly/3Cdj47i) taking place on 29-30 November and 1 December in Luanda – as a Diamond Sponsor. Angola’s impressive energy developments continue

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Global Oil Flows Are Changing As Russian Crude Moves East

Russian oil flows are increasingly moving in an eastern direction, while fuels produced in the East will move in a western direction, Vitol’s chief executive Russell Hardy said at an industry event. “It’s going to go further and longer distances and find different markets, and in doing that it’s going to have to trade at a discount,” Hardy said of Russian oil, as quoted by Reuters. “You’re beginning to see that with fuel coming east that would

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Angola among four countries of strong investor interest

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

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BlueRock board member steps down

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. 

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Libya’s Minister of Oil & Gas, Honorable Mohamed Mahemed Oun to Attend Africa Oil Week 2022

Africa’s leading oil and gas event sees the strongest presence of Ministers and Government officials Libya’s Minister of Oil and Gas, Hon. Mohamed Mahemed Oun is amongst over 30 ministers Africa’s leading oil and gas event sees the strongest presence of Ministers and Government officials attending Africa Oil Week 2022 (https://Africa-OilWeek.com). Africa Oil Week is thrilled to announce Hon. Mohamed Mahemed Oun’s attendance at the leading Oil and Gas event in South Africa’s Cape Town.

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Djibouti, South Sudan Sign Industry-Advancing Memorandum of Understanding (MoU) During South Sudan Conference

On the first day of South Sudan Oil & Power 2022, Djibouti’s Minister of Energy and Natural Resources signed a memorandum of understanding with South Sudan’s Minister of Petroleum to enhance cooperation across the energy sector for both countries The South Sudan Oil & Power (SSOP) 2022  conference and exhibition, taking place this week in Juba, is centered around the role the country plays as a gateway to East African energy development, and as such,

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African Energy Chamber (AEC) Supports Saudi Arabia in the Pursuit of Oil Market Stability

Representing the voice of the African energy sector, the African Energy Chamber supports HRH Prince Abdulaziz bin Salman, Minister of Energy of Saudi Arabia, in his call for oil and gas market stability The current global oil and gas market is in a state of flux, with price volatility, demand fluctuations and thin liquidity causing unprecedented impacts on the entire energy value chain. At the same time, a number of producing markets in Africa are

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