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Category: Gas

Economy Energy Gas Oil

Oil and Gas: The Right Solution for Uganda

The traditional wisdom that hydrocarbons constitute the worst “dirty energy” solution is inaccurate Hydrocarbons remain a necessary part of the global energy mix. Unlocking Uganda’s fossil-fuel resources will help meet its development needs – and even reduce emissions. With the world now practically unanimous about the need for more sustainable energy solutions, the idea of what exactly these solutions should be is coming into sharper focus. African energy players are making the point that their

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Economy Energy Gas Mining Oil

Golar LNG to Shape Gas Midstream Dialogue as a Bronze Sponsor at the African Energy Week (AEW) 2022

Golar LNG will be coming to Cape Town to shape high-level discussions around how Africa can improve infrastructure for gas production, processing and transportation as a bronze sponsor at AEW 2022 Liquefied natural gas (LNG) projects present a massive opportunity for Africa to exploit, trade and monetize its vast natural gas resources to address energy security and fuel economic growth. The African Energy Chamber (AEC), as the voice of the African energy sector, is committed

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Economy Energy Gas Mining Newsletter

Biggest Names in Oil, Gas and Energy Confirmed for Africa Oil Week 2022

Supermajors, International Companies among those Committed to the Home of the African Upstream Only at AOW 2022 Africa Oil Week (AOW) (https://Africa-OilWeek.com) is proud to announce the biggest names from across the oil, gas and energy value chain will be attending the Home of the African Upstream, AOW. With an incredible line-up of hundreds of companies registered so far, AOW promises to deliver game-changing, deal-making opportunities for its attendees. Many world-leading Upstream organisations have been

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Economy Energy Gas Oil

Former Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu Republic of Nigeria, Attending Africa Oil Week 2022

Africa’s leading oil and gas event sees the strongest presence of Ministers and Government officials Former Minister of State for Petroleum Resources, Dr Emmanuel Ibe Kachikwu of the Republic of Nigeria will be attending Africa Oil Week (www.Africa-OilWeek.com) 2022. The accomplished scholar, thought leader, and Exxon Mobil’s Nigerian general counsel is attending the leading Oil and Gas event, being held in Cape Town – the heart of South Africa. Organised by Hyve Group Plc., Africa

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Diamonds Energy Gas Mining Oil

Sasol Confirmed as Diamond Sponsor for African Energy Week 2022

Africa’s vast hydrocarbon resources present an opportunity for the continent to secure its energy supply, improve energy access and drive socioeconomic development. With the continent’s oil and gas industry rapidly expanding owing to increases in energy demand across the continent and at globe scale, the role local energy companies play in driving energy developments continues to expand. Global chemicals and energy company Sasol will be returning to this year’s edition of the African Energy Week

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Economy Energy Gas Mining Oil

African Energy Chamber Urges United States (US) to Lift South Sudan Oil Sanctions (By NJ Ayuk)

Investments in oil and gas projects have decreased, and the sanctions have dampened interest in the country’s first licensing round Four years have passed since the U.S. imposed sanctions on South Sudan’s oil industry. The goal had been to prevent oil money from funding the civil war that had been raging since 2013. By curtailing the ability of businesses and organizations to provide revenue for the South Sudanese government, U.S. officials reasoned, they could pressure

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Economy Energy Gas Mining Oil Petroleum

Brent oil for November delivery drops to $92.83

The price of a barrel of Brent oil, which serves as a reference for Angolan exports, for delivery in November ended this Tuesday on the London futures market down 3.04%, to US$92.83. Fears of a decrease in demand for oil, following a global economic slowdown, weighed on Brent trading. This scenario offset the upward momentum registered on Monday and motivated by the decision of the Organization of Petroleum Producing Countries (OPEC), led by Saudi Arabia

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Economy Energy Gas Mining

Gazprom cuts gas supplies to Europe

Gazprom, Russia’s state-owned energy company, announced on Friday the complete stoppage of supplies through the Nord Stream 1 pipeline, due to an oil leak in the Trent 60 gas compressor at Portovaya station. Nord Stream 1, which links Russia to Germany, had already had its supply suspended since Thursday, due to alleged maintenance, but now, Gazprom has cut it and does not advance any forecast for the restoration of gas supply by Nord Stream 1.

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Economy Energy Gas Mining Oil

OPEC produces at highest level since 2020

OPEC oil production rose in August to its highest level since the early days of the pandemic in 2020 as operations in Libya recover, according to Reuters. The Organization of the Petroleum Exporting Countries (OPEC) produced 29.58 million barrels per day (bpd) in August, up 690,000 bpd from July and the highest level since April 2020, according to Reuters polls. OPEC and allies, a group known as OPEC+, are backing out of production cuts adopted

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Energy Economy Gas Oil

Sonangol rehabilitates fuel stations

As of today, the 5th, the petrol stations at 1º de Maio and Rio Seco, in Luanda, will be temporarily closed for rehabilitation work. According to a note from Sonangol’s Distribution and Marketing Business Unit, as an alternative, customers will have at their disposal the filling stations at the Airport (Cassenda district), São Cristóvão (Maculusso), Atlético (Neves Bendinha), Rádio Nacional de Angola (Alvalade), Eucalyptus (Nelito Soares).

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