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US is more relaxed about oil spike than Europe - which helps explain differences over Iran

Oil prices shot up following the US assassination of Iranian general Qassem Soleimani, rising more than $5 per barrel to more than $71 (£54) on January 6, its highest level since the Saudi oil refinery attack last September...

By Mueid Al Raee 15 Jan 2020

#BestofBiz 2019: Energy & Mining

We've compiled our annual #BestofBiz 2019 lists across all our industries featuring our most popular articles, most-read contributors and brand press offices with the most views...

17 Dec 2019

Market access and cooperation will unlock opportunities in Africa's energy sector

Africa's energy sector is a catalyst for growth and development across the continent. Industry and investors need to stay abreast of the high-speed advances in the energy landscape...

6 Dec 2019

AfDB loans $400m for Mozambique LNG project

The African Development Bank Group has approved a long-term senior loan of $400m for an integrated liquefied natural gas (LNG) plant, including a liquification facility in Mozambique...

27 Nov 2019

It's time to negotiate a better future for African energy

For the better part of the last half century, oil and gas has been portrayed over and over again as the source of all evil across Africa, responsible for instability, power struggles, poverty, death, pollution and corruption...

By João Marques 26 Nov 2019

Demonising African oil & gas is not constructive for energy transition

In a 2014 article written for the Guardian newspaper this week,Nobel Peace Prize laureate, Archbishop Emeritus Desmond Tutu argued for an Apartheid-style boycott on coal, oil and gas companies as a solution to fight climate change and help ensure global environmental sustainability goals...

By NJ Ayuk 18 Nov 2019

LE South Africa introduces oil-spill-eating enzyme technology

"In nature, bacteria release enzymes and biosurfactants that attack the spill. The biosurfactants emulsify the spill, breaking it down to be used as a food source for the bacteria. The end result of this process is CO2 and water."

8 Nov 2019

#AOW2019: Facing the challenges

Adequate investment, infrastructure, security, local content, regulation and predictability and stability are some of the challenges the African oil & gas sector will face in the coming decades...

7 Nov 2019

#AOW2019: Mantashe calls for gas investment

Highlighting the investment opportunities at the country's first liquefied natural gas (LNG) hub in the Coega Industrial Development Zone (IDZ), Minerals and Energy Minister, Gwede Mantashe called on foreign investors to help develop South Africa's fledgling gas industry...

By Nicci Botha 6 Nov 2019

Western countries take sides in Kenya's maritime row with Somalia

A dispute over maritime territory in the Indian Ocean between Kenya and Somalia has resulted in major western countries lining up on either side, depending on which of the two African nations best serves their oil interests....

By Patrick Muthengi Maluki 5 Nov 2019

Africa's oil & gas industry poised for further growth

The global energy market is in an exciting phase of transition and disruption, which is likely to position gas ahead of coal by 2030 to become the world's number two fuel...

4 Nov 2019

Kosmos strikes oil in Equatorial Guinea

Kosmos Energy has made an oil discovery in offshore Equatorial Guinea. The S-5 well was drilled at a total depth of 4,400 metres and encountered 39 metres of net oil play in the Santonian reservoir, in the offshore Rio Muni Basin...

4 Nov 2019

Senegal on the cusp of LNG boom

On the back of some substantial deepwater finds, Senegal is predicted to become a hot spot during the next decade for relatively low-cost liquified natural gas (LNG) clusters...

29 Oct 2019

Somalia open for business, says petroleum minister

Rich in hydrocarbons and possessing a favorable geological structure, Somalia holds huge opportunities for investors looking to enter the East African market...

21 Oct 2019

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