JOHANNESBURG, South Africa, December 4, 2024/ — In a strategic move for the industry, Namibia’s cabinet has approved the National Upstream Local Content Policy. The progressive policy is set to play a crucial role in reducing the nation’s dependency on…
JOHANNESBURG, South Africa, July 11, 2024/ — 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…
DAKAR, Senegal, July 10, 2024/ — In support of the development and deployment of liquefied petroleum gas (LPG) solutions throughout the continent, pan-African downstream organization the African Refiners and Distributors Association the UN-backed Global LPG Partnership have mobilized $1 billion…
LUANDA, Angola, July 8, 2024/ — Angola plans to increase oil production to 1.1 million barrels per day (bpd) until 2027, thereafter maintaining output at this level. To support production growth, the country is promoting investment in exploration, with several…
KIGALI, Rwanda, July 8, 2024/ — Informa Markets (www.InformaMarkets.com), organisers of the first edition of the Africa Energy Expo (AEE), have confirmed that government Ministers from three African countries will join the line-up of speakers at the landmark energy event,…
CAPE TOWN, South Africa, July 4, 2024/ — Russian multinational energy corporation Gazprom is spearheading a crucial refinery upgrade project at the Mossel Bay gas-to-fuel facility in South Africa – which advanced to feasibility stage last month – as part…
South Africa is in many ways one of the most modern countries in Africa, particularly with respect to electricity access. Yet while its numbers compare favorably with most other African nations (as of 2021, 89.3% of the population had reliable…
JOHANNESBURG, South Africa, July 2, 2024/ — In the oil and gas industry, local content refers to the development of local industries, workforce and resources to support the operations of international oil companies (IOC) within a country. For Namibia, fostering…
The transit of oil and petroleum products through the Strait of Malacca, which is located between the Malay Peninsula and the Indonesian island of Sumatra and connects the Indian and Pacific oceans, rose by 800,000 barrels per day (bpd) in…
KINSHASA, Democratic Republic of the Congo, June 26, 2024/ — Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, is pleased to announce the closing of a US$150 million senior loan with Kamoa Copper to support the expansion…
