Asia Egypt Features Headlines International

India’s leader N. Modi expected in Cairo Saturday for an official visit

India’s leader Narendra Modi will visit Egypt Saturday – his first- and looks forward to advancing partnership between the two countries. Modi’s visit follows that of Egyptian leader Abdelfattah Al-Sisi to the Asian giant last January, at the invitation of the Indian leader himself. “We had the pleasure of receiving President al-Sisi as the chief […]

Africa Energy International

Australian firm confirms gas, oil & helium discovery in Zimbabwe

Australia-listed oil and gas firm Invictus Energy has recently 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 hydrocarbons in […]

Energy Features Headlines

Chad’s ‘nationalization’ of all Exxon-owned assets disputed by UK’s Savannah Energy

Chad has announced the nationalization of assets of a former subsidiary of US oil and gas giant ExxonMobil in Chad, which comes after the company divested from them in December 2022 A decree signed by Chad’s president, Mahamat Idriss Deby Itno, on Thursday (23 March) declared that all the assets, prospection rights, operating permits and […]

Egypt Energy Europe

Egypt, Romania ink MoU to bolster cooperation in science, technology research

The “Funding Body of Science, Technology and Innovation” of the Egyptian Ministry of Higher Education and Scientific Research and Romanian Ministry of “Research, Innovation and Digital” have penned a Memorandum of understanding (MoU) to enhance cooperation in the field of science and technology. The agreement signed Sunday aims at enhancing cooperation between the two parties […]

Energy

Million livelihoods in DR Congo threatened by planned oil, gas projects — Report

Planned oil and gas exploration in the eastern Democratic Republic of Congo could expose more than one million people to pollution and disease, according to a report released by the environmental group Greenpeace Africa. The planned selling of 30 eastern land blocks that extend into a famous gorilla reserve would also threaten wildlife and food […]

Energy

Mozambique’s president urges Western energy companies to resume work in troubled region

Amid continuing clashes between Mozambique’s federal forces and other African allies against Islamist militants in the Cabo Delgado Province, the country’s president Filipe Nyusi has called on Western energy companies to resume work, assuring them security situation had improved in the conflict-torn region. Addressing the Mozambique Gas & Energy Summit in Maputo Wednesday (14 September), […]

Energy

TotalEnergies eyes production license for its offshore South Africa block

The French energy giant TotalEnergies has submitted an application to convert its exploration right offshore South Africa into a production right and the country’s authorities expect the company to submit a production plan within weeks to utilize a prolific offshore gas discovery that will form a key part of increasing investment in the sector. The […]

Energy

UN report: Africa, still too reliant on commodities exports, needs to diversify

Nearly 60% of African countries remain dependent on exports of commodities despite decades-long efforts to diversify. Therefore, a shift especially to technology and financial services, among other sectors, could help them withstand economic shocks, a study recently published by the United Nations Conference on Trade and Development (UNCTAD) argues. UNCTAD’s Economic Development in Africa Report […]

Energy

EU seeks to replace gas from Russia with Nigerian supplies

The European Union has intensified pressure on Nigeria to supply additional gas to Europe as it attempts to wean itself off Russian gas on the back of Vladimir Putin’s war with Ukraine. With the bloc preparing for potential Russian supply cuts, Nigeria’s Minister of State, Petroleum Resources, Chief Timipre Sylva, has called for collaboration with […]

Energy Headlines Morocco

Morocco’s Power Company Secures 10-Year Gas Supply, Watering-down Algeria’s Blackmail

Morocco’s state-owned power Company ONEE (Office National de l’Electricite et de l’Eau potable) has signed a ten-year gas supply agreement with UK-based Sound Energy Company, ensuring continuous supply for two of its power stations in the Northern region. The deal enables the North African Kingdom to secure its energy sovereignty and security, while countering the […]