Equatorial Guinea: IOCs Warn Over Forex Regulations Imposed by the Bank of Central African States

In order to maintain the engagement with the oil sector of Equatorial Guinea in light of the ongoing crisis of Covid-19 and challenging market conditions, H.E. Gabriel Mbaga Obiang Lima, … Read More

Germany to Ramp Up Investment in African Energy

In an exclusive webinar held on Thursday, “Germany-Africa Economic Relations: Making Deals Post COVID-19,” panelists sought to mobilize German investment into the African energy sector, establishing clean energy and digitalization … Read More

Equatorial Guinea & Cameroon: Chevron’s Entry into Central Africa Could be a Turning Point for Gas Industry

The recently-announced acquisition of Noble Energy by Chevron for $13bn gives the American major an entry into Equatorial Guinea’s oil & gas sector, where Noble Energy has interests in the … Read More

German Capital, Technology to Increase in Africa’s Energy Sector

This week, the Germany-Africa Business Forum (GABF) is organizing an exclusive webinar to encourage new deals between German and African public and private energy stakeholders. This is an extremely timely … Read More

Tullow Oil Provides Uganda & Ghana Operational Updates

OPERATIONAL UPDATE The impact of COVID-19 has been managed safely across our business with no impact on our operated production. Group working interest production in the first half of 2020 … Read More

Energy Lobby Lauds the Bank of Central African States (BEAC)’s Authorization to Open Foreign Currency-labelled Escrow Accounts

In its Ordinary Meeting held on July 2nd, 2020, the Board of Directors of the Bank of Central African States (BEAC) has allowed the opening of foreign currency escrow accounts … Read More

Equatorial Guinea Adopts New Petroleum Regulation

The Ministry of Mines and Hydrocarbons (MMH) of the Republic of Equatorial Guinea has announced the adoption of the new Regulation of Petroleum Operations, Regulation No. 2/2020 of June 15th, … Read More

Gabon Prepares to Open Oil, Gas and Power Opportunities, Stimulate COVID-19 Recovery

Gabon Oil & Power, taking place on March 15-16, 2021, in Libreville, will be the leading investment platform for Gabon’s oil, gas and power industries; The conference will showcase the … Read More

The Way Forward: How Africa Can Make a Comeback from the Oil & Gas Downturn

Stunning drops in crude oil prices—the result of COVID-19-related declines in demand and an oil price war between Saudi Arabia and Russia—have been taking their toll around the globe this … Read More

Outlook for Africa’s oil & gas industry improves – PwC report

The outlook for Africa’s oil & gas industry is positive amid difficult operating and economic headwinds. Tough economic and external conditions have placed pressure on oil & gas companies to … Read More