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On completion of phase 1, the refinery will process 30,000 barrels of crude oil per day, delivering c. 10% of the country’s total demand for refined oil products Gemcorp Holdings Limited (GHL), Africa Finance Corporation (AFC) and African Export-Import Bank (Afreximbank) are pleased to announce the financial close of the Cabinda… +

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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… +

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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… +

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In: Cameroon, Chad, Cover, News, Oil

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… +

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UTM Offshore to fast-track Nigeria’s gas development and unlock massive reserves for exploitation in the form of LNG into Africa, Europe and Asia for energy security, industrialization and clean cooking UTM Offshore will sign an agreement for the Front-End Engineering Design (FEED) for Nigeria’s first Floating Liquefied Natural Gas (FLNG)… +

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African Energy Week (AEW) – Belarmino Chittargueleca, Executive Director for Angola’s national concessionaire and upstream regulator, the National Agency for Oil, Gas and Biofuels (ANPG), announced a number of changes and innovations – including drastic cuts in approval times – at the African Energy Week (AEW) (www.AECWeek.com) 2022 Conference and… +

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CAPE TOWN, South Africa, October 6, 2022/APO Group/ —  The secretary-general of APPO, the African Petroleum Producers Organisation, has come out in support of the recent decision by OPEC to cut production by around 2%, on the side-lines of Africa Oil Week (www.Africa-OilWeek.com) in Cape Town. “It is a decision… +

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JOHANNESBURG, South Africa, September 26, 2022/APO Group/ —  Building on years of increased engagement between Africa and the U.S., The African Energy Chamber (AEC) (www.EnergyChamber.org) and EnerGeo Alliance, the global trade alliance for the energy geoscience industry hosted the President of the Republic of Niger, H.E. Mohamed Bazoum, for an… +