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
Karl Fredrik Staubo, CEO at Golar LNG – a silver sponsor for AEW 2022 – will be attending and speaking at this year’s biggest energy event on how Africa can fast track the development, exploitation and monetization of gas resources using liquefied natural gas. With Africa having an estimated 620 trillion cubic feet of gas reserves which remains untapped, an opportunity has risen for the continent to address its looming energy poverty rates while driving
Ahead of South Sudan Oil & Power 2022, Honorable Minister Gwede Mantashe sat down with the Energy Capital & Power team to discuss his Ministry’s 2022-2023 agenda and the role regional cooperation will play With the fifth edition of South Sudan Oil & Power 2022 (https://bit.ly/3A1hgvV) kicking off on Tuesday, Hon. Gwede Mantashe, South Africa’s Minister of Mineral Resources and Energy, provided insight into the role regional cooperation and intra-African trade plays in Africa, as
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 –
TAAG and the US builder Boeing, the main supplier of aircraft to the national flag company, reached an agreement on the resolution of “financial pending” creating the conditions for cooperation in the supply of aircraft for the future. According to a TAAG press release, after a long and complex negotiation carried out since the swearing in of TAAG’s new management with Boeing, “we communicate to the market that the two entities have reached an agreement
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,
The president of the Angola-China Chamber of Commerce, Luís Cupenala, praised the enormous cooperation between Angola and China in the commercial field, stating that the level of bilateral cooperation is consistent and reliable. Luís Cupenala, who was speaking to the Chinese newspaper, Xinhua, also said that such cooperation has contributed to the improvement of infrastructure, industrialization, as well as efforts to combat poverty in the African country. The official mentioned the Benguela Railway (CFB) as
The energy ministers of the European Union hold an Extraordinary Council today in Brussels to discuss possible emergency measures to be applied at Community level to mitigate the effects of rising prices in the sector. The current Czech Presidency of the Council of the EU said yesterday that “”ministers will be invited to identify the preferred measures that could be implemented at EU level in a short period of time to alleviate the burden of
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
A delegation from the Angolan embassy in Argentina, led by counselor José Zombo Gongo, has been participating since yesterday in the Investment Forum “Invest in Paraguay 2022 – Prosperous and Sustainable Business”. At the event, which ends today, after being inaugurated by the President of Paraguay, Mário Abdo Benítez, the Angolan delegation holds courtesy meetings with local authorities and potential investors, according to information sent to our newsroom by the diplomatic representation in Argentina. The
