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What happens to the African Energy Industry if Western Lenders cut off Loans for Fossil Fuel Projects?

By NJ Ayuk A little more than a year ago, in November 2019, the European Investment Bank (EIB) declared its intention to phase out funding for fossil fuels. Specifically, it said … Read More

Canadian Overseas Petroleum Limited Announces £6,000,000 Placing

Canadian Overseas Petroleum Limited has announced that: • COPL has closed a non-brokered private placement of Units with institutional investors, family office, high net worth private investors, the Company’s Chief … Read More

The UK’s Decision to Halt Funding for New Oil & Gas Projects Ill-founded and Counter productive

The United Kingdom has recently declared that it will stop support and funding to any new oil, gas and coal projects on the 5th anniversary of the Paris Agreement. While this … Read More

Are African Development Bank (AfDB)’s financing policies climate-friendly?

(By Wangeci Migwi, Amy Giliam and Nicole Rodel) With the climate crisis threatening over half of the global GDP, there can be no business-as-usual when the world begins to plan … Read More

Gas Industry Opportunities can revive Mozambique’ s Special Relationship with Germany

Mozambique and Germany have a special relationship, that was formalised when the German Democratic Republic established diplomatic relationships with the then newly independent Republic of Mozambique in 1975. Since then, … Read More

EXCLUSIVE: Don’t ignore African lives being devastated by Mozambique LNG

By Ilham Rawoot, Justica Ambiental Mr NJ Ayuk’s misleading article suggests that ‘self serving’, Western environmentalists are blocking Mozambique from the transformation he claims Mozambique LNG will deliver. In doing … Read More

German Investors announce Mozambique Investment Mission targeting LNG, other gas projects and services

Germany’s economic commitment to Mozambique will further be strengthened as the Germany Africa Business Forum (“GABF”) embarks on a three-day trade mission to encourage, promote, and facilitate trade and investment … Read More

NIGERIA: Canadian Overseas Petroleum Operations Update

Canadian Overseas Petroleum Limited has announces that further to the announcement of its second quarter results on 15th September 2020, COPL is giving an update on its drilling licence extension for … Read More

Mozambique LNG Project Could Be Transformational for Mozambique – If Western Environmentalists Don’t Interfere

By NJ Ayuk, Executive Chairman, African Energy Chamber When Anadarko Petroleum Corp. confirmed last year it would be constructing a $20 billion liquified natural gas (LNG) plant in Mozambique, this … Read More

Mozambique’s Ministry of Energy backs Upcoming Gas & Power Conference

Africa Oil & Power has signed a strategic partnership with Mozambique’s Ministry of Mineral Resources and Energy for the upcoming Mozambique Gas & Power 2021 Conference & Exhibition (March 8-9); … Read More

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