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SOUTH AFRICA: Total Assessing the Feasibility of an Early Production System in Block 11B/12B

Africa Energy has reported that the joint venture partners with Total as operator on Block 11B/12B offshore South Africa are assessing the feasibility of an early production system for a possible phased … Read More

Africa Oil Announces 2020 Fourth Quarter Results

Highlights Africa Oil fourth quarter net income of $79.8 million and full-year net income of $198.0 million, excluding a $215.6 million non-cash impairment of Kenya exploration assets posted in the first quarter 2020. Strong quarterly profit contribution … Read More

Magnora ASA Accelerates Growth with a Project Portfolio Pipeline of net 1 GW Potential Solar PV & Onshore Wind

Renewable energy development company Magnora ASA has entered into agreements to acquire 100 percent of the shares in a South African company with a 775 MW greenfield renewable development portfolio. … Read More

ACTING Launches African Gas 2021 Report, Forecasts Rapid Growth of Gas-to-Power

ACTING’s inaugural report offers most comprehensive resource on Sub-Saharan Africa’s natural gas market trends; Africa to witness increase localization and regionalization of LNG trade on the back of AfCTFA and … Read More

ENGIE Streamlines its Activities & Incorporates Africa in its MESCAT Business Unit

ENGIE has merged its Africa portfolio with the MESCAT Business Unit under the leadership of Sébastien Arbola, Chief Executive Officer of ENGIE MESCATA (Middle East, South and Central Asia, Turkey … Read More

South Africa: Clarity on Petroleum Bill Needed to Drive Growth

By James Chester, Senior Director AOP A lot has changed in the past year. One thing that has remained constant is the state of stasis of South Africa’s new petroleum … Read More

AKSA Power Generation is growing rapidly in African Market

Aksa Power Generation  is a part of Kazancı Holding who is the leading group in energy industry. Aksa is operating in manufacturing, technology development, marketing, and distribution fields in power … Read More

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

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