December WTI crude oil futures are edging higher late Thursday, but struggling to turn higher for the week. The price action has been volatile throughout the week especially today when traders were asked to deal with an aggressive Federal Reserve rate hike from the previous day, a wicked trade in the U.S. Dollar due to a Bank of Japan intervention, and a smaller than expected rate hike by the Bank of England. When the dust
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
Serving as one of the largest contributors to Angolan oil production, Norway’s Equinor will participate at AOG 2022 as a silver sponsor Having served as one of the largest contributors to oil production in Angola since 1991, international energy company, Equinor (https://bit.ly/3dGyc3A), will participate at the Angola Oil & Gas (AOG) 2022 Conference and Exhibition (https://bit.ly/3RmlSn6) as a Silver Sponsor, demonstrating the company’s commitment towards the southern African country and its burgeoning hydrocarbons industry. A
The African Energy Chamber and EnerGeo Alliance played host to the President of the Republic of Niger, H.E. Mohamed Bazoum, at an oil and gas investment summit in Houston, featuring U.S.-based energy executives Building on years of increased engagement between Africa and the U.S., The African Energy Chamber (AEC) (www.EnergyChamber.org) and EnerGeo Alliance, the global trade alliance for the energy geoscience industry hosted the President of the Republic of Niger, H.E. Mohamed Bazoum, for an
Angola’s largest telecommunications company Unitel will participate at the country’s premier event for the energy sector, Angola Oil & Gas conference, as a gold sponsor Energy Capital & Power (ECP) (https://EnergyCapitalPower.com/), Africa’s leading investment platform for the energy sector, is proud to announce that private Angolan telecommunications company Unitel will attend and participate as a gold sponsor at this year’s edition of the Angola Oil & Gas (AOG) conference and exhibition (https://bit.ly/3dJMGQ8), which will be
Tope Shonubi, Executive Director, Sahara Group to shape high-level dialogue around challenges and opportunities across Africa’s oil and gas industry Tope Shonubi, Co-founder and Executive Director of Sahara Group – a Nigeria-based leading international energy and infrastructure conglomerate with operations in over 42 countries – will speak at the 2022 edition of the African Energy Week (AEW) (https://www.AECWeek.com/) conference and exhibition – Africa’s premier event for the oil and gas sector, which will take place from
Under the theme, Promoting an Inclusive, Attractive and Innovative Oil and Gas Industry in Angola, Angola Oil & Gas 2022 will take place on 29-30 November and 1 December in Luanda Returning to Luanda for its third edition under the auspices of the the Minister of Mineral Resources, Oil and Gas, H.E. Diamanto Pedro Azevedo, and in partnership with the National Oil, Gas and Biofuels Agency (ANPG) (https://bit.ly/3SvnWKn) , AIDAC and the African Energy Chamber
The French company TotalEnergies signed, this Thursday, with Sonagás and Greentech a contract for the installation and operation of a photovoltaic solar plant with an installed capacity of 35 megawatts (MW), in the city of Lubango, province of Huíla… The Quilemba plant should have an additional 45 MW in a second phase. The construction of the plant should start in 2023, its entry into operation is scheduled for 2024 and the unit’s concession lasts for
Africa Oil Week sees the strongest presence of Ministers and Government officials H.E. Abdifatah Abdulkadir Adow Hirshabelle, the Minister of Petroleum & Mineral Resources of the State of Somalia, is officially attending Africa Oil Week 2022 on 3-7 October. Mr. Hirshabelle will be joining over 30 ministers at the event held in the heart of South Africa’s Cape Town. Organised by Hyve Group Plc., Africa Oil Week (www.Africa-OilWeek.com) is the leading Oil and Gas event
Strongest presence of Ministers and Government officials – only at Africa Oil Week Africa Oil Week (www.Africa-OilWeek.com) is proud to announce Hon. Olivier Mwenze Mukaleng is set to attend Africa Oil Week. The Minister of Water Resources & Electricity for the Democratic Republic of Congo is attending the leading Oil and Gas event – held in heart of Cape Town. Organised by Hyve Group Plc., Africa Oil Week is the Home of the African Upstream,
