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Gas International News Oil

Enhancing Offshore Oil & Gas Industry’s Environmental Protection

Environmental issues are increasingly dominating discussions about the energy sector’s future. Climate change, illicit fishing, and pollution pose risks to the MSGBC coastline, which is rich in biodiversity. The PRCM works with governments, civil society actors, and the private sector, including oil companies, to influence decisions, organize training sessions, and promote environmental concerns in the oil and gas industry. Energy Capital & Power spoke with PRCM Executive Director Ahmed Senhoury about the advancements in environmental

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Economy Gas International News Oil

Chariot Green Hydrogen CEO to Speak at MSGBC Oil, Gas & Power 2023

Energy Capital & Power (ECP) is proud to announce that Laurent Coche, CEO of Chariot Green Hydrogen, will participate in the third edition of MSGBC Oil, Gas & Power 2023, taking place from November 21-22 in Nouakchott. He will speak about the company’s latest updates in the field of green hydrogen in Mauritania. Chariot Green Hydrogen is currently leading a large-scale green hydrogen project in Mauritania called Project Nour. The project is a collaboration with

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Economy Energy Gas International News

TotalEnergies raises capital in a subsidiary company

French company TotalEnergies, which holds a diversified portfolio of oil assets and is a partner of Sonangol in the Caraculo Photovoltaic Plant, inaugurated last March in Namibe, announced on 25th July Tuesday a global operation to buy out the capital of its renewable energy subsidiary, Total Eren, increasing its stake from approximately 30 to 100 percent. On the backdrop of this acquisition, all personnel from Total Eren will be fully integrated into TotalEnergies’ Renewable Business

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Energy Gas

The the National Oil, Gas, and Biofuels Agency (ANPG Adopts) Satellite Radar to Detect Oil Spills

The the National Oil, Gas, and Biofuels Agency (ANPG Adopts) Satellite Radar to Detect Oil Spills Angola’s national concessionaire, the National Oil, Gas, and Biofuels Agency (ANPG), has signed an agreement with the National Space Program Management Office (GGPEN) to utilize the organization’s TECH-ECOLOGIA – a national technological solution that employs satellite radar imagery for monitoring oil spills. The satellite radar imagery enables the ANPG to promptly detect and monitor any occurrences of oil spills

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Gas News Oil

Angola Oil & Gas 2023 Officially Launches in Luanda

The Angola Oil & Gas (AOG) conference and exhibition was officially launched in Luanda by event organizer Energy Capital & Power (ECP) alongside the Ministry of Mineral Resources, Oil and Gas and partners including the National Oil, Gas and Biofuels Agency (ANPG); the Oil Derivatives Regulatory Institute (IRDP); and national oil company Sonangol. The event was attended by key stakeholders from across the public and private sectors as well as media, and served to kickstart

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Energy Gas International News

Natural Gas Drives Algerian Economic Diversification

Algeria serves as a blueprint for how other gas-rich countries in Africa can leverage their resources to stimulate development across various sectors of the economy. The country has positioned its gas sector as a key driver of economic diversification, using revenue generated from Liquefied Natural Gas (LNG) exports to advance industrialization and electrification while correspondingly bolstering sustainability through renewable energy developments. Advancing Renewable Energy Developments With lack of investment representing a major barrier for most

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Energy Gas International News

TotalEnergies and Partners Expand the PSC for Algerian Onshore Blocks

Algerian National Oil Company Sonatrach has extended a production sharing contract (PSC) with majors TotalEnergies and Eni, and U.S. petroleum company Occidental Petroleum for blocks 404a and 208 with an additional 25 years in Algeria’s Berkine Basin. The extension of the PSC will enable the four parties to develop additional liquid hydrocarbon resources while reducing the carbon intensity of the blocks through the deployment of a carbon reduction-dedicated program. “This new contract on Berkine asset,

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Economy Gas International News Oil

Russian Oil and Gas Revenues Expected to Surge by 60% in July

Russian oil and gas revenues in July, projecting a 60% rise from May receipts to 844 billion roubles ($9.3 billion). The boost in income is attributed to cyclical patterns and is expected to help alleviate Moscow’s budget deficit, which reached 2.6 trillion roubles ($28.7 billion) in the first half of the year. Russia’s Finance Minister, Anton Siluanov, had previously acknowledged that the country’s budget deficit in the coming year might exceed the expected 2% of

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Economy Energy Gas Oil

National Agency for Oil, Gas and Biofuels (ANPG) Encourages Increased Investment in the Oil and Gas Sector

The President of the National Agency for Oil, Gas, and Biofuels (ANPG), Paulino Jerónimo, appealed on Thursday in Luanda for oil companies to continue investing in the Oil and Gas sector to increase production levels so that the country can surpass the current levels evaluated at one million and 100 barrels per day. The CEO of ANPG, who spoke at the closing of the Sustainability Forum in the Petroleum sector, part of the Oil and

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Economy Gas News Oil

Angola Oil and Gas Conference

From September 3 to September 14 of this year, the country will host the 4th edition of the International Angola Oil and Gas Conference, with the participation of more than 40 oil and gas industry producing and service-providing companies. The President of Energy Capital and Power, the event organizer, pointed out that the conference will serve as an opportunity for investors to explore the great potential of Angola’s Oil and Gas sector and the favorable

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