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Category: Oil

Economy Energy Gas International Oil

Nigerian National Petroleum Corporation (NNPC) CEO to Join Strong Nigerian Delegation and Deliver Keynote Address at African Energy Week (AEW) 2022 in Cape Town

Nigeria’s state oil corporation, the Nigerian National Petroleum Corporation’s, CEO, Mele Kyari, will deliver a keynote address and participate as part of an esteemed Nigerian Delegation at this year’s African Energy Week exhibition and networking event in Cape Town Committed to capacity and human development, ensuring energy sector growth as a catalyst for wider socio economic development, and emphasizing the value of local continent in Africa’s energy future, Mele Kyari, CEO of Nigeria’s state oil

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Economy Energy Gas Mining Oil

New Welligence Report Reveals the Future of Angola’s Oil and Gas Industry

An exclusive report produced for Africa Oil Week reveals the future of Angola’s oil and gas journey Africa Oil Week (www.Africa-OilWeek.com) has partnered with leading market intelligence firm, Welligence, to create an exclusive report looking into the future of Angola’s oil and gas industry. Produced in partnership with our Data and Analytics Partner, Welligence, it provides key insights into Angola’s long journey to being one of the largest oil producers in Sub-Sahara. Africa Oil Week

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Economy Energy Gas Oil Petroleum

Minister Gladima Announces MSGBC Oil, Gas & Power 2023 to take place in Mauritania

H.E. Sophie Gladima, Minister of Petroleum and Energies for the Republic of Senegal announced that MSGBC Oil, Gas & Power 2023 will take place in Mauritania next year and gave the final remarks for MSGBC 2022, thanking her fellow Ministers and the assembled delegates for their attendance, insight and inputs in developments over the course of the two-day event, West Africa’s foremost energy forum On the final day of the MSGBC Oil, Gas & Power

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Energy Gas Mining Oil

African Energy Chamber (AEC) Lifetime Achievement Award Renamed to Mohammad S. Barkindo Lifetime Achievement Award

The African Energy Chamber renames the African Energy Lifetime Achievement Award to Mohammed S. Barkindo Lifetime Achievement Award in celebration of the late OPEC Secretary General’s dedication in driving socioeconomic developments through energy industrial growth. In honor of the late H.E. Muhammad Sansui Barkindo – oil industry veteran and former Secretary General of the Organization of Petroleum Exporting Countries (OPEC) – the African Energy Chamber (AEC) – the voice of the African energy sector –

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Economy Energy Mining Oil

Oil: Brent opens session higher

Brent oil a benchmark for Angola’s exports, for delivery in November opened up 4.14 percent, to around US$3.69, to US$92.84, in the session. At the close (Friday) it accumulated a weekly loss of 0.19 percent. WTI oil for October advanced 3.89 percent to $3.25 in the session, at $86.79 a barrel, but had a slight drop of 0.09 percent for the week. Against this backdrop, crude oil futures closed up about 4 percent on Friday,

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Economy Energy Oil

Oil trades above $96

North Sea oil, a benchmark for Angolan sales, was traded yesterday on London’s International Exchange Futures at US$96.88 a barrel, a day after the group of 23 oil-producing countries OPEC+ decided to reduce production by 100,000 barrels a day from October. The decision was adopted after several days of market speculation about the possibility of taking measures to prevent oil prices from falling due to the slowdown in the global economy and canceling the increase

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Economy Energy Oil

Africa Oil Week to Continue as Scheduled

No disruptions to event in wake of Queen Elizabeth II’s death It is with great sorrow that we learn of the passing of Queen Elizabeth II. Our thoughts and condolences are with the Royal Family during this difficult time. Many of us will want to take some time to mourn this great loss and pay our condolences. Africa Oil Week, which is taking place at CCICC2, will continue to run its scheduled dates of 3-7

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Economy Energy Gas Oil

The Future of the Natural Gas Market in Africa

Speaking during the second day of the MSGBC Oil, Gas & Power 2022 Conference, the International Energy Agency’s Africa Program Officer offered her insight into the future of Africa’s gas market Day Two of the MSGBC Oil, Gas & Power 2022 Conference , held in Dakar on 2 September, featured a presentation by Rita Madeira, Africa Program Officer at the International Energy Agency (IEA), presenting her insight into the future of Africa’s natural gas market.

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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 Oil

One Week to Go Until South Sudan Oil & Power 2022

With one week to go until regional and global stakeholders convene in the capital city of Juba, South Sudan Oil & Power 2022 is getting ready to welcome investors and energy players to the gateway of East Africa Taking place from September 13-14 this year in Juba, South Sudan Oil & Power (SSOP) 2022 (https://bit.ly/3A1hgvV) – organized by Energy Capital & Power (www.EnergyCapitalPower.com) – proudly celebrates its fifth anniversary as the premier international forum driving business and

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