Planned FIDs on new offshore gas projects in Southeast Asia could lead to $100 billion of investments, according to Rystad Energy.
Key global energy companies including Vitol, Africa Oil Corp and ERHC Energy Inc. are ready to present Africa’s premier energy sector opportunities at the Invest in African Energy reception in London organised by the African Energy Chamber (AEC).
African intergovernmental organization the African Petroleum Producers Organization (APPO) held an executive retreat to discuss the future of the African oil and gas sector amidst the ongoing energy transition on July 8-9. The retreat was in preparation for the opening ceremony of APPO’s 18th Executive Board Meeting which will be held on Thursday June 11, where the Republic of the Congo’s Minister of Hydrocarbons Bruno Jean Itoua and APPO’s Alternate President will give an opening address.
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The Invest in African Energy (IAE) forum in Paris has unveiled its 2025 theme: Pioneering Africa’s Energy Boom: Strategic Investment for Maximum Returns. This year’s event focuses on drawing in new technical and financial partners to harness the vast potential of Africa’s energy sector – driving growth and returns on investment.
Nigeria’s fuel shortage appears to have worsened, yesterday, as filling stations ran out of stocks, thus shutting their gates against motorists and other users of the product.
The long running legal dispute that Eni Ghana Exploration and Production and Vitol Upstream Ghana had initiated against the Ghana government was decided early this week, and everyone is telling their angle of the story.
The Minority in Parliament has cautioned the Akufo-Addo administration to exercise prudence and avoid making rash decisions in the future, in light of the court’s ruling on the $915 million lawsuit brought by Eni Ghana and Vitol Upstream against Ghana.
Eni Ghana Exploration and Production and Vitol Upstream Ghana have received a positive decision from an international arbitral tribunal regarding their unitisation dispute with the Republic of Ghana, ruling in favour of their long-standing opposition to the Ministry of Energy’s unitisation directives.
The signing of a memorandum of understanding (MoU) last week between Russian state gas giant Gazprom and the Iranian National Gas Company (NIGC) to begin direct transfers of gas from Russia to Iran “will act as a revolution in the energy and industry scene of the region”, according to Iran’s Petroleum Minister, Javad Owji. Indeed, this MoU and the others that preceded it can be seen as a major stepping stone to enabling the two countries to implement their long-held plan to be the core participants in a global cartel for gas suppliers in the same mold as the Organization of the Petroleum Exporting Countries (OPEC) for oil suppliers.