The International Energy Agency co-hosted a joint ministerial summit with the African Union Commission (AUC) that brought together high-level representatives from government and industry to discuss the development of Africa’s energy sector.
Read More »BP. Partners Confirm Investment in Deepwater Angola
P and partners today confirmed they have agreed further investment into deepwater Block 15. offshore Angola as part of an agreement with Angola'.s National Agency for Petroleum. Gas and Biofuels (NAPGB).
Read More »Iran`s Non-Oil Trade Surplus with African States Hits $40m
Imports stood at 2.119 tons worth $1.46 million. down 21.04% and 64% in tonnage and value respectively YOY.
Read More »Nigeria’s Unreliable Electricity Costs Its Economy $29 Billion A Year—Solar Power Would Save Billions
Solar can be connected to a country’s electricity grid or run off the grid making it the most practical option for improving access in Nigeria.
Read More »Escalated Clashes in Libya Pose Threat to Oil Production
For years. Libya has been split between two governments.
Read More »Libya will Lose Oil Production if Fighting Continues
The EU issued an official statement urging the sides in the conflict to stop the violence.
Read More »Libyan Civil War Threatens Oil Supply
The sudden risk to Libya’s oil supply comes at a time when the broader global oil market is tightening.
Read More »Oil Prices Hit Highest in 5 Months as Libya Fighting Tightens Supply
Libya is a significant supplier of oil to Europe. producing around 1.1 million barrels per day (bpd) of crude in March.
Read More »Egypt to Rejoin the LNG Exports Club
Egypt became a major consumer of the fuel in 2015.
Read More »Libya`s Sharara Field still Closed for Security Reasons
Libya has struggled to maintain oil production since 2011.
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