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Category: Energy

Economy Energy Gas Oil Renewable Energy

Hawilti to Moderate Highly-Anticipated Prospects Forum at Africa Oil Week (AOW) 2022

This year’s Prospects Forum will showcase a wide range of attractive farm-in and exploration opportunities in established and frontier markets Amidst a recent surge of exploratory drilling in Africa, Africa Oil Week (https://Africa-OilWeek.com) is organizing once again a Prospects Forum to offer a platform that will showcase some of the most attractive farm-in and exploration opportunities on the continent. The Prospects Forum will be moderated and animated by African investment and commodities research agency Hawilti

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Economy Energy Renewable Energy

Africa Oil Week and Green Energy Africa Summit Draws Top United States (U.S) Officials

The U.S. delegation’s participation in these prominent events will be a chance for the United States to meaningfully engage with its African partners CAPE TOWN, South Africa, September 29, 2022/APO Group/ —  Senior officials from the United States Departments of Energy and State will be heading to South Africa to attend Africa Oil Week (https://Africa-OilWeek.com) and its sister event the Green Energy Africa Summit, taking place here from 3-7 October and 4-5 October 2022, respectively.

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Economy Energy International Oil Petroleum

Equinor ASA Titanium Sponsor Of Africa Oil Week

This unmissable event will take place in the heart of Cape Town, bringing together leading energy stakeholders from 3-7 October Africa Oil Week (AOW) (https://Africa-OilWeek.com) is proud to announce that Equinor ASA is Titanium sponsor of Africa Oil Week. The company will be represented at AOW – held in heart of Cape Town. Organised by Hyve Group Plc., this unmissable event will take place in the heart of Cape Town, bringing together leading energy stakeholders

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Energy Oil Petroleum Renewable Energy

NOV Joins as Gold Sponsor of Africa Oil Week

NOV Maintains its Commitment to AOW Africa Oil Week (AOW) (https://Africa-OilWeek.com) is proud to announce NOV’s continued commitment to Africa Oil Week as a Gold Sponsor. The company will be well-represented at AOW – held in the heart of Cape Town. Organised by Hyve Group Plc., this unmissable event will bring leading energy stakeholders together on the 3-7 October in Cape Town under the theme: Sustainable Growth in a Low Carbon World. NOV delivers safe, high-quality,

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Economy Energy Gas Mining Renewable Energy

Green hydrogen, fuel cells important part of any future energy system, says global strategist

Green hydrogen and fuel cells will be a very important part of any future energy system, says Switzerland-based energy and sustainability consultancy strategist Dr David Hart. Among the electrolysers that convert renewable electricity into green hydrogen are proton exchange membrane (PEM) electrolysers, with PEM fuel cells then converting the green hydrogen back into green electricity for mobility and stationary power. Both technologies are reliant on platinum group metals (PGMs), which are sourced overwhelmingly from South Africa.Hart, who was speaking to Engineering News & Mining Weekly in a Zoom interview,

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Economy Energy Gas International Oil Petroleum Renewable Energy

Invictus Energy starts drilling first exploration well in Zimbabwe

HARARE- Australian-listed Invictus Energy has started drilling one of two exploration wells for oil and gas in the northern part of Zimbabwe, the company said on Monday. The 3.5-km deep well, situated in the Muzarabani-Mbire area, is part of the Cabora Bassa project in Zimbabwe, which is 80% owned and operated by Invictus through its interest in Geo Associates. Invictus said in a statement that the drilling of the first well, Mukuyu-1, began on Friday and will last between 50 and 60 days. Mukuyu, which will cost

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Energy

New domestic gas supply agreement signed

The federal government and East Coast liquefied natural gas (LNG) exporters have inked a new heads of agreement (HoA) to prevent a gas supply shortfall and secure competitively priced gas for the domestic market, negating the need to activate the Australian Domestic Gas Security Mechanism (ADGSM). Minister for Resources and Northern Australia Madeleine King said on Thursday that the negotiations ensure additional gas supply, improving security and affordability of domestic gas supplies in future years, while also

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Economy Energy Mining

Mining Union calls for Energy Transition Authority

The Miners Union has called for the establishment of a national Energy Transition Authority amid announcements that coal-fired power stations in both Victoria and Queensland would be fast-tracked to closure. The Queensland government this week announced plans to exit coal-fired power stations to progressively become clean energy hubs from 2027, with the infrastructure to include gas and later hydrogen-powered stationMeanwhile, energy provider AGL on Thursday announced its own plans to exit from all coal-fired power generation, and is targeting the early closure of its Loy Yang A power station up to ten years earlier than previously

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Economy Energy Gas International Oil

Oil Price Cap On Russian Crude Could Cause Tanker Shortage

With the EU embargo on imports of Russian oil starting in December, Russia will have to find new homes for around 2.4 million barrels per day (bpd) of its crude and refined product exports, which will be banned from entering EU and G7 countries unless the oil is sold at or below a certain price the buyers expect to set.   Even if the price cap mechanism fails to work for the West, as many analysts expect, and

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Economy Energy Gas Oil Petroleum

Oil Prices Could Be Set For Another Sharp Rise

It’s been a rough couple of weeks in the energy market. As potential energy company investors, we are not sorry to see the back of last week in particular. That’s the understatement of the year. Pretty near every negative sentiment-Recession, Fed tightening, Dollar strength, China demand, Inventory builds, or what amounts to the entire oil price Closet of Anxieties, came to pass this week. Oil-WTI took a tumble below $80 for the first time since Jan 11th

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