H.E Obiang Nguema Mbasogo, President of the Republic of Guinea has appointed Teresa Isabel Nnang Avomo as the new Director General for national oil company (NOC) GEPetrol, replacing H.E Antonio Oburu Ondó who was appointed Minister of Mines and Hydrocarbons in a cabinet reshuffle in early February. The selection of… +
By NJ Ayuk, Chairman, African Energy Chamber (www.EnergyChamber.org) It would be difficult to exaggerate the value that carbon capture, utilization, and storage (CCUS) technology offers Africa’s oil and gas industry. With oil and gas-producing countries facing tremendous pressure to transition to green energy sources and leave their petroleum assets in… +
With Namibia’s energy sector on the precipice of rapid transformation on the back of recent oil and gas discoveries, the African Energy Chamber (AEC) (https://EnergyChamber.org) will establish an office in the country dedicated to promoting local content development efforts. The AEC will engage with various stakeholders across the Namibian energy… +
Antonio Oburu Ondo, Equatorial Guinea’s recently appointed Minister of Mines and Hydrocarbons, has awarded independent exploration and production company, Panoro Energy, a 56% participating interest and operatorship in Block EG-01 offshore the hydrocarbon-rich West African country, as well as Canadian oil and gas company, the Africa Oil Corporation, two production… +
The Sustainable Energy Fund for Africa (SEFA) of the African Development Bank Group will provide a $1 million technical assistance grant to the Green Mobility Facility for Africa (GMFA). GMFA provides technical assistance and investment capital to accelerate and expand private sector investments in sustainable transport solutions in seven countries: Kenya,… +
JOHANNESBURG, South Africa, January 3, 2023/APO Group/ — The voice of the African energy sector, the African Energy Chamber (AEC), will host a special New Year reception event at the Waldorf Hilton luxury hotel in London on 26 January where participants will be encouraged to explore new avenues in financing… +
President William Ruto has said the government is working towards lowering electricity tariffs. The government, he observed, will prioritize low-income earners and manufacturers in the tariff review process. In three months, we will have public consultation to ensure that we have tariffs that are affordable to those at the bottom… +
JOHANNESBURG, South Africa, December 26, 2022/APO Group/ — By NJ Ayuk, Executive Chairman, African Energy Chamber In late 2019, Africa Oil Corp. President and CEO Keith Hill told Petroleum Economist that, given Africa’s unproven oil and gas basins, the continent was probably “the greatest frontier,” with outstanding opportunities for exploration,… +
In an effort to develop a consensus on Africa’s oil and gas resources at the conference, Al Ghais also led the OPEC-Africa Dialogue Session featuring both African OPEC and non-OPEC member countries By NJ Ayuk, Chairman, African Energy Chamber This past October, the African Energy Chamber presented African Energy Week… +
The African Energy Chamber (AEC) supports the acquisition by Africa-focused British independent energy company Savannah Energy of oil and gas supermajor ExxonMobil’s entire upstream and midstream asset portfolio in Chad and Cameroon. The sale was closed on 9 December to the tune of $407 million. The announcement comes after Savannah… +
