In hosting its third Belt and Road Initiative Forum on Tuesday and Wednesday of this week, China is welcoming representatives from around 130 countries for a diplomatic event focused on Xi Jinping’s now ten-year-old signature policy.
Iran is calling for an oil embargo on Israel over the latest deadly air strikes on the Gaza Strip amid growing tensions in the Middle East just as U.S. President Joe Biden arrived in Israel.
Mergers in the U.S. shale patch have continued through the course of 2023 as companies jockey for assets that will fill in gaps in their acreage base. Two key basins have been the focus of much of this activity. I refer to the Permian Basin and the Eagle Ford, each of which has attributes that draw the interested eyes of companies with strong balance sheets and cash to spend.
Investors are returning to oil and gas, drawn in by strict capital discipline and improving bottom lines.
African Energy Week (AEW) 2023 Unites Key Players During Invest in Angola Energies Spotlight Session
The 2023 edition of the biggest gathering of energy stakeholders and policymakers on the continent, African Energy Week (AEW) – organized by the African Energy Chamber (http://www.EnergyChamber.org) – featured a country spotlight roundtable on Angola, showcasing the country’s abundant reserves and favorable business environment.
To chart Nigeria’s path towards net zero energy by 2060, the Nigeria Energy Transition Plan was launched in August 2022.
Maggy Shino, the Petroleum Commissioner of Namibia’s Ministry of Mines and Energy, provided a comprehensive update on the nation’s oil and gas sector during a workshop session at African Energy Week (AEW) 2023 organized by the African Energy Chamber
Malaysia-based Yinson Production Pte Ltd (YP) and Azule Energy are piloting an offshore carbon capture and storage (CCS) plant on floating, production, storage, and offloading (FPSO) Agogo in Angola.
Marathon Oil Corp. (MRO) said that through its wholly-owned subsidiaries it has reached a five-year firm LNG sales agreement with Glencore Energy UK Ltd, a subsidiary of Glencore Plc (GLEN), for a portion of its equity natural gas produced from the Alba Field (Alba Unit, MRO 64% working interest) in Equatorial Guinea, effective January 1, 2024.
Cape Town: Former President Olusegun Obasanjo, yesterday, urged the developed economies to work towards making energy transition process just and fair to Nigeria and other African countries.