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Energy International News

Inaugural Africa Energy Expo set to take place in Kigali, Rwanda: Launching a new era of energy in Africa

Africa Energy Expo is primed to foster essential relationships and catalyze strategic investments within the energy sector Informa Markets a leading global exhibition and conference organizer, today announced the launch of the first-ever Africa Energy Expo, set to take place in the vibrant city of Kigali, Rwanda, from 20 to 22 February 2024. This flagship event is designed to facilitate critical discussions, foster collaboration, and drive progress in achieving the UN’s Sustainable Development Goal 7

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Economy Energy International News

South Africa’s Master Plan to Develop Its Gas Market Nears Completion

South Africa’s master plan to develop its gas market is finally ready after repeated delays as it aims to reduce its carbon emissions and avoid chronic power outages that have plagued Africa’s most developed economy for years. The master plan will go to the cabinet before public release, a senior official at the department of mineral resources and energy (DMRE) said on Tuesday 10th October, 2023. “It is done, it is going through the internal

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Energy International News

African Energy Week (AEW) 2024: Harnessing Africa’s Energy Potential, Cape Town Gears Up for Investment from November 4-8

At a time when the African energy industry is facing a variety of challenges, the African Energy Week (AEW) conference serves as a platform for engagement, collaboration, and investment. Since the event’s inception, AEW has facilitated deals, fostered dialogue, and laid the foundation for long-term and sustainable developments to kick off. As such, the African Energy Chamber (AEC) organizers of the AEW conference proudly announces the launch of AEW 2024: Invest in African Energy. Maintaining

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Energy

Persian Gulf Calls for Crude Oil Not to Be Excluded from the Transition

The Gulf Cooperation Council, which includes the major oil-rich economic powers of the Middle East, called yesterday to “avoid excluding” crude oil from the energy transition and to maintain investments in the sector in order to uphold a “balanced” policy. “We emphasize the importance of the international community avoiding the exclusion of the primary energy sources and not neglecting investments in these sectors,” said the Gulf Cooperation Council (GCC) in a statement during the Middle

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Economy Energy Gas International News Oil

GE Revolutionizes Energy Generation: Harnessing Flare Gas for Power Generation

Joseph Anis, President and CEO of GE Vernova’s Gas Power business for Europe, the Middle East, and Africa, sheds light on the emerging economic and environmental prospects associated with flare gas and related technologies in the MENA region. Globally, substantial volumes of natural gas are annually flared or released into the atmosphere at oil production sites, contributing to significant carbon dioxide (CO2) and methane emissions equivalent to the output of 83 million cars, as estimated

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Energy Gas International Oil

Defining Algeria’s Role in Global Energy Markets

Home to an established energy market that provides for a wide range of oil and gas, renewable energy and power distribution investment opportunities, Algeria is well-positioned to serve as a major energy supplier to regional and global markets. The north African country holds up to 159 trillion cubic feet (tcf) of natural gas resources and 12.2 billion barrels of oil reserves, producing approximately 970,000 barrels of oil and 9.9 billion cubic feet of gas per

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Energy International News

African Energy Week 2023: Namibia’s Energy Investment Showcase Set to Launch in October

The Energy Invest: Namibia 2023 publication the official investment report on Namibia’s oil, natural gas, power, mining, and renewable energy sectors will be launched at the “Invest in Namibia Energies” strategic session at African Energy Week 2023 in Cape Town on October 18. Endorsed by the Ministry of Mines and Energy and produced by Energy Capital & Power in partnership with the African Energy Chamber, National Petroleum Corporation of Namibia (NAMCOR), Namibia Investment Promotion and

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Energy International News Oil

TotalEnergies Unveils $9 Billion Oil Venture, Marking a Significant Investment

TotalEnergies has initiated the preparatory studies for the major exploration venture in Block 58, situated offshore of Suriname, marking a pivotal step forward in the large-scale oil project. The company holds a commanding stake in the operation, with a 50% interest, complemented by a matching 50% share held by APA Corporation. Appraisal of the two main oil discoveries, Sapakara South and Krabdagu, was successfully completed in August 2023, with the drilling and testing of three

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Energy Local News

Angola Oil and Gas(AOG)2023 Earns Carbon-Neutral Event Certification

The Angola Oil & Gas 2023 Conference & Exhibition (AOG 2023), organized by Energy Capital & Power, has achieved a significant milestone by receiving a prestigious carbon-free event certificate from AMBIPAR Environment Management. This accolade underscores AOG 2023’s commitment to environmental responsibility and sustainability. AMBIPAR’s carbon measurement system calculated emissions generated by the conference and bought carbon credits. With that credit money, they will plant trees in the Amazon. AOG 2023’s dedication to achieving carbon

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Economy Energy Gas Infrastructure Local Mining Oil Petroleum Renewable Energy

Five Sectors Poised for Growth in Angola

The oil and gas industry is the most important engine of industrial growth and economic activity in Angola. However, the National Development Plan 2023–2027 addresses how the country plans to reduce oil revenue dependency to no more than 20% by diversifying the economy and investing in other sectors with growth potential, such as agriculture, infrastructure, mining, green hydrogen, and renewable energy. Infrastructure Recent investments in Angola’s infrastructure have substantially improved, with large infrastructure repairs, expansions,

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