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Ghana’s Petroleum Commission Chief Executive Officer (CEO) to Speak at Invest in African Energy Dubai Reception

27, March, 202327, March, 2023

The African Energy Chamber (AEC), the voice of Africa’s energy sector, has announced that Egbert Faibille, CEO of the Petroleum Commission of Ghana, will speak at the Invest in African Energy Reception in Dubai on March 30, an event hosted with the aim of providing investors from the United Arab Emirates (UAE) an opportunity to connect with African executives and explore new partnership possibilities. Faibille will accompany Hon. Matthew Opoku Prempeh, Ghana’s Minister of Energy,

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Energy International News

Technip Energies Consolidates Namibia’s Diverse Energy Mix with Multi-Project Developments

27, March, 202327, March, 2023

Following a series of successful project developments in Mozambique and Senegal, the French-based engineering and technology company is reaffirming its commitment to Africa’s energy future with a myriad of developments in Namibia French-based engineering and technology company Technip Energies has emerged as the partner of choice for African oil and gas producers, with the company deploying its state-of-the-art technology and developing a series of large-scale projects across the African continent. To date, the company has

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Energy Gas International News

Technip Energies Advances Mozambique’s Gas Agenda with Pioneering Floating Liquefied Natural Gas (FLNG) Solutions

27, March, 202327, March, 2023

As a pioneer in the development of FLNG solutions, Technip Energies is not only consolidating its position as a global LNG service company but is positioning Mozambique as a competitive gas economy With over 100 trillion cubic feet (tcf) of proven natural gas reserves, Mozambique has quickly emerged as one of the most attractive gas plays worldwide, with three large-scale project developments placing the country on a positive trajectory towards long-term economic growth. While offshore

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Economy Gas International News Oil

African Oil & Gas Remains an Excellent Opportunity for Investments

27, March, 202327, March, 2023

The African Energy Chamber is countering yet another argument in the onslaught of calls for Africa to give up oil and gas production. This time, it’s the idea that oil and gas projects in our continent are worse for the climate than those in other regions of the world. The argument was a major point in a June 2022 article by global management consulting firm McKinsey. In “The future of African oil and gas: Positioning

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Economy Oil

Oil supply will far exceed Demand in the 1st half

15, March, 202315, March, 2023

Global oil supply will far exceed demand for at least the first half of the year, says the International Energy Agency (IEA). In the monthly report on the oil market published this Today 15th March, the IEA recognizes that in the second half of the year the increase in consumption will be a challenge, especially due to the uncertainty about Russian oil, and points out that world demand will accelerate as the year progresses, with

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Economy Local Oil

Angola registers “stabilization” in Oil production

15, March, 202315, March, 2023

Angola has registered a “certain stabilization” in oil production since 2021, the result of actions and agreements that it has been establishing in this field, “it has all the instruments to exonerate the decline” and does not fear “negative” international projections, he said this yesterday 14th March, the chairman of the Board of Directors of the National Petroleum, Gas and Biofuels Agency (ANPG), Paulino Jerónimo. “There is indeed this international concern about the decline in

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Economy Energy Gas Oil

TotalEnergies Dedicated to Meeting Africa’s Energy Demand

15, March, 202315, March, 2023

As the world shifts towards a net-zero carbon future, International Oil Companies (IOCs) are faced with the challenge of aligning their operations with global sustainability goals. The pathway to achieving a net-zero economy requires IOCs to explore new technologies, invest in renewable energy sources and adopt more sustainable practices throughout their operations. By embracing this energy transition, IOCs can contribute to a cleaner and more sustainable future for all. Speaking at the 2023 edition of the African

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Economy Energy International News

Tanzania Kickstarts Contract Preparations for $30B LNG Project

15, March, 202315, March, 2023

Global energy majors Shell and Equinor have officially started the contract preparations for the development, operation, and maintenance of a $30 billion liquefied natural gas (LNG) terminal in Tanzania. The preparations follows the finalization of project negotiations with the Tanzanian government. According to H.E. January Makamba, Minister of Energy of Tanzania, “Negotiations on the construction of the LNG project were complete, and now experts are at work drafting contracts. Of these contracts, one is about

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Energy International News

Senegal’s 130 MW Malicounda Power Project Now Fully Operational

15, March, 202315, March, 2023

The 130 MW Malicounda-based Wärtsilä Flexicycle power plant, which was officially inaugurated by President Macky Sall on 11 February, is now fully operational. Matelec operates the plant and a 10-year maintenance agreement with Wärtsilä will guarantee its high availability and reliability. Located 85 km south of Senegal’s capital Dakar, the plant is anticipated to deliver 956 GWh of power per year, which represents a 17% increase in the country’s power generation capacity. Matelec, the plant’s Engineering, Procurement

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Economy Gas Local News Oil Petroleum Renewable Energy

Pumangol to launch new Fuel stations

14, March, 202314, March, 2023

The executive president of the distributor of fuels and other oil derivatives Pumangol, Ivanilson Machado, declared that, despite the current circumstances of difficult balancing of the economic balance due to the difficulties inherent in subsidizing fuel prices, due to the delay in liberalizing prices, the company remains committed to developing its sustained growth strategy. Evanilson Machado made these statements on the sidelines of the inauguration of the company’s 80th filling station, in Luanda, at the

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