“That would be the road to hell for America,” JP Morgan’s CEO Jamie Dimon said last week, referring to a suggestion that all big banks divest from the oil and gas industry. In the same week, Aramco’s chief executive warned that years of underinvestment in new oil production are beginning to bear fruit, which is an undersupplied market. Despite these statements that suggested oil prices should move higher, oil fell for much of the week. Yet it
Eni’s Chief Operating Officer Guido Brusco told attendees of the Gastech conference in Milan on Tuesday evening that the Italian energy giant “plans to fully replace Russian gas by 2025 helped by east med fields”. At the same time, deputy COO Cristian Signoretto told the conference that Eni would also invest nearly $4.5 billion every year for the next three years in upstream activities in several venues, including Qatar, Congo, Egypt, and Algeria. “We are fully
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
The LPG market specialist is set to make a strong play for natural gas investment and development during African Energy Week 2022 Representing the cleanest fossil fuel as well as the most widely available in Africa – the continent boasts over 620 trillion cubic feet (tcf) of proven gas reserves, with new exploration campaigns set to increase this figure two-fold – monetizing and utilizing gas will enable Africa to make energy poverty history by 2030.
The African Energy Chamber is proud to announce that the Republic of Congo’s National Oil Company will participate at African Energy Week in October 2022 in Cape Town as a diamond sponsor The National Oil Company (NOC) of the Republic of the Congo, SNPC, will be coming to Cape Town to attend and participate as this year’s edition of the African Energy Week (AEW) (https://www.AECWeek.com/) conference and exhibition – Africa’s premier event for the oil and gas
Strongest presence of Ministers and Government officials – only at Africa Oil Week Africa Oil Week (www.Africa-OilWeek.com) is proud to announce Hon. Rufin Benam Beltoungou is set to attend Africa Oil Week. The Minister of Mines & Geology for the Central African Republic 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, and this
The African Energy Chamber is proud to announce that BW Energy will participate at African Energy Week 2022 as a cocktail sponsor for the Invest in Namibia side event Representing one of Africa’s emerging international independents fast-tracking project developments, Norway-based multinational oil and gas exploration company BW Energy, will attend and participate at this year’s edition of the African Energy Week (AEW) (www.AECWeek.com) conference and exhibition, which will take place from October 18 – 21
Representing the premier energy event for the oil and gas sector, there are a number of reasons why you should attend African Energy Week If someone asked you to tell the story of the oil and gas industry in Africa, how would you do it? Would you dwell on missteps of the past or paint a bright picture of the future? Or, would you like to join us in telling the real story, which is
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.
The MoU attests to the commitment of ECOWAS and all the countries crossed by the gas pipeline, to contribute to the feasibility and technical studies, the mobilisation of resources and execution of this key project A Memorandum of Understanding was signed on Thursday 15 September in Rabat, Morocco between ECOWAS, the Federal Republic of Nigeria and the Kingdom of Morocco. The three sides were respectively represented by Mr Sediko Douka, ECOWAS Commissioner for Infrastructure, Energy
