Energy Features Headlines

DRC, Uganda in talks over use of crude oil pipeline

Talks are ongoing between the Democratic Republic of Congo (DRC) and Uganda about possible use of the east African country’s planned controversial pipeline for transporting Uganda’s crude to foreign markets when it begins production in 2025. Uganda is developing the $3.5 billion 1,445-kilometer East African Crude Oil Pipeline (EACOP) that will start from oil fields […]

Africa Energy Features International

Nigerians lose UK Supreme Court’s case over Shell oil spill

The UK’s Supreme Court has ruled that it was too late for a group of Nigerian claimants to sue two Shell subsidiaries over a 2011 spill off the coast of Nigeria’s Niger Delta. The legal case, launched by residents of Nigeria’s oil-producing Niger Delta, is one of a series of legal battles Shell has been […]

Energy

Australian firm confirms gas, oil and helium discovery In Zimbabwe

Australia-listed oil and gas firm Invictus Energy on Monday (8 May) confirmed its discovery of light oil, gas condensate and helium in a remote northeastern region of Zimbabwe, which is hailed as a culmination of months of exploration. Analysis of samples from its remote sites near the border with Mozambique definitively proves the presence of […]

Africa Energy Headlines International

Africa Energy Bank set up to reduce dependence on foreign funding for oil & gas projects

The African Petroleum Producers’ Organization (APPO) is putting the finishing touches to establish the Africa Energy Bank (AEB) that will offer alternative funding source for oil and gas projects on the continent after international financing institutions have started scaling back their funding, citing stringent conditions and environmental concerns. Speaking at a recent Nigeria International Energy […]

Business Energy Europe Headlines International Morocco

Morocco set to become Europe’s key supplier of green hydrogen

Morocco is busy working to become one of Europe’s main suppliers of green hydrogen, which is generated by renewable energy or from low-carbon power. To reach this ambitious goal, leading energy developer CWP Global and German Hydrogenious LOHC Technologies, will conduct a feasibility study on green hydrogen shipping from Morocco to Europe. They signed on […]

Business Energy Europe Headlines International Morocco

Morocco’s gas imports from Spain up 167% in April

Morocco’s gas imports jumped 167% by the end of April through the Maghreb Europe pipeline, key to powering small electricity plants in northern and eastern Morocco. The information was revealed by energy minister Leila Benali who was speaking to MPs underscoring the efficiency of the reverse flow of the pipeline. She also highlighted the role […]

Africa Emerging Markets Energy Europe International

German Chancellor to visit East Africa, talks to focus on Sudan crisis, clean energy

German Chancellor Olaf Scholz heads Thursday May 4 to Ethiopia and Kenya, where talks will focus on reaffirming strategic alliances in the region, though the Sudan crisis is likely to dominate the talks. While Germany has been one of the biggest financial supporters of Ethiopia, the Tigray conflict significantly strained Addis Ababa’s relations with Berlin. […]

Africa Americas Asia Business Emerging Markets Energy Europe Headlines International

Africa pays price as global powers jostle for its gas and critical minerals

Europe is increasingly turning to Africa to find alternatives for Russian energy supplies it has shunned since the start of the war with Ukraine, while the United States, China and Russia are racing for economic influence on the continent. These four global powers are in a race to win over Africa, the continent’s market of […]

Business Energy Europe Headlines International Morocco

Chariot, Vivo Energy team up in Morocco gas-to-industry project

Chariot, a UK company that found gas offshore northern Morocco, and fuel distributor Vivo Energy agreed to work together to distribute natural gas to industrial customers in Morocco. “This agreement confirms the priority given by Chariot to the Moroccan energy market, expands upon our other existing sales negotiations around future offtakes for the gas from […]

Africa Emerging Markets Energy Europe Headlines International

Nigeria’s NNPC, Norway’s Golar ink MoU to build floating LNG plant

The Nigerian National Petroleum Company (NNPC) Ltd, Africa’s biggest oil producer, has signed a memorandum of understanding (MoU) with a Norwegian company to build a floating LNG plant in the West African country to boost its domestic supplies and exports. Nigeria’s state oil giant has inked the MoU with Golar Liquefied Natural Gas Energy (GLNG) […]