Most Recent World News

The place of Africa in global oil and gas production

Africa boasts vast oil and natural gas reserves, playing a crucial role in the global energy landscape.  According to reports from Statista.com, “Africa accounted for roughly eight percent of the.

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Powering Africa: Bold Moves to Eradicate Energy Poverty

In the 21st century, amidst the towering skyscrapers and bustling cities, a paradoxical reality exists in Africa – energy poverty. According to the United Nations, “Across Africa, a staggering 600.

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Are African Refineries Accelerating Global Oil Sector Decline?

The conversation surrounding the global oil sector has increasingly focused on the role of African refineries and their potential impact on the industry’s trajectory. Africa, home to significant oil reserves.

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Diversifying Angola’s Economic Opportunities Beyond Oil Dependency

Angola’s oil industry boasts a long history, dating back to the 1700s when Portuguese colonialists first stumbled upon oil seeps near Luanda. Fast forward to today, and Angola stands as.

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Russia’s Petrol Ban: Why Africa Needs to Wean off Imported Oil

Soaring global energy prices are impacting Africans, including major oil-exporting nations like Nigeria and Angola. While oil-producing countries see increased revenue post the Russian invasion of Ukraine, many African nations.

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The Call for Renewable Energy in Africa

In a statement by Chindaya Ahmadu, the Director of Press and Public Relations for the Ministry of Niger Delta Development, Nigeria highlighted Africa’s rich renewable energy assets. The press release,.

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India-Egypt Opportunities in Renewable Energy

Egypt aspires to become an exporting hub for clean energy from renewable sources, not just for Africa but for the world. The northern African country has something working in its.

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EU Forms ‘Key Energy Partnership’ With Egypt At COP27 With Focus On Renewable Hydrogen

The European Union (EU) and Egypt have taken a step further to bolster their cooperation on the clean energy transition by establishing a strategic partnership on renewable hydrogen. The EU.

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NNPC, Totalenergies, Others Commission School Project To Boost Learning In Nigeria

In a bid to perform their Corporate Social Responsibility (CSR) strategy to different communities in Nigeria, the Nigerian National Petroleum Company Limited, NNPCL, TotalEnergies, operator of OML 130 and partners;.

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ACTIS Set To Invest Up To $300 Mln Annually In Africa Energy

Actis, one of the biggest investors of private capital in Africa, has set its sights on potentially investing up to $300 million annually in renewable energy and gas-fired power projects.

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