Company News

Oil & gas activities trigger big investments in Namibia, Angola and South Africa

Last spring, the Maersk Voyager, an ultra-deepwater drillship under contract by French supermajor Total, sank a wildcat well to a depth of 3,628 metres (11,903 feet) in Block 48...

By NJ Ayuk 2 days ago

Covid-19 has accelerated the pace of energy transitions

Spurred on by the Covid-19 global pandemic, the world is finally galvanising its commitment to move towards a green and sustainable future by mid-century, and the global energy transition is the cornerstone of this new world...

12 Nov 2020

Energy resources can spark Africa's economic growth

Despite the Covid-19 pandemic, not all of the economic news in Africa has been negative. We continue to see promising developments...

By NJ Ayuk 4 Nov 2020

How fracking plans could affect shared water resources in Southern Africa

Recently, news reports revealed plans by a Canadian oil and gas company, ReconAfrica, to explore for oil and gas in some of Africa's most sensitive protected areas...

By Surina Esterhuyse 19 Oct 2020

Germany looks to Mozambique for gas needs

Gas is fast establishing itself as a key player in the global energy transition dynamics as nations seek to significantly reduce carbon dioxide emissions and other air pollutants...

16 Oct 2020

Government pledges support for Mozambique gas projects

South Africa has reiterated its commitment to support the Mozambique government in developing its emerging gas market...

30 Sep 2020

LNG projects could transform Mozambique - if Western environmentalists don't interfere

When Anadarko Petroleum Corp. confirmed last year it would be constructing a $20bn liquified natural gas (LNG) plant in Mozambique, this was major news...

By NJ Ayuk 21 Sep 2020

Africa needs to do a better job to attract exploration investment

Africa needs to do a better job of attracting exploration investment as the global competition increases...

1 Sep 2020

Review of nine African 'blue economy' projects shows what works and what doesn't

Africa has 38 coastal countries and six islands whose maritime industry is estimated to be worth $1trn per year. This figure will increase as they develop their offshore hydrocarbon, energy, tourism, maritime transport, shipping and fishing sectors...

By Ifesinachi Okafor-Yarwood 12 Aug 2020

Angola more exposed to financial crisis

The Angolan economy is essentially based on oil exploitation. João Lourenço is counting on the First Lady and two ministers to restore Angola's balance sheets after the fall of the oil price...

By Craig Lebrau, Issued by Lebrau Press 2 Jul 2020

Update on Mozambique LNG project

In recent weeks, Mozambique liquified natural gas project (LNG) has garnered much media coverage - for both positive and negative reasons. In April, it became the centre of the country's Covid-19 outbreak..

8 Jun 2020

Ghana has tried to be responsible with its oil wealth. This is how

After Ghana discovered oil and gas in 2007, the government and civil society aspired to avoid the "resource curse". This is when countries have an abundance of non-renewable natural resources but no economic growth...

By Emmanuel Graham, Ismael Ackah, Nathan Andrews & Ransford Edward 29 May 2020

Namibia's plans for greater energy security

To improve its energy security, Namibia is planning to grow its upstream industry by reviewing its policies in a bid to court private sector investors...

By Nicci Botha 18 May 2020

New Angolan budgetary restrictions underline government's determination to support Opec

Angola has suspended all contracts signed under the public investment programme where a source of funding has not yet been definitively secured.

13 May 2020

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