Tag: oil & gas projects
Africa Energy Headlines International

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

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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 […]
Africa Americas Energy Headlines International

US warns against long-term oil, gas projects in Africa, pledging support to Nigeria’s clean energy

North Africa PostComments Off on US warns against long-term oil, gas projects in Africa, pledging support to Nigeria’s clean energy

Investing in long-term gas projects in Africa as countries wrestle with powering their development with clean energy may not be a very good idea, United States’ special envoy on climate John Kerry has noted, as African countries denounce developed nations’ pledge to curb fossil fuel investment is unfair. “We are not saying no gas,” he […]