Gas

Russia’s attack on Ukraine has given investments in Africa’s liquefied natural gas projects fresh impetus as Europe seeks to find new energy sources to starve Russia of funds to fuel the war. In  Mozambique, which has huge deposits of hydrocarbons, the government is receiving interest from companies in its latest …

The oil and gas industry faced a tough year in 2021. According to The State of African Energy this was a result of a drop in global demand, which resulted in a fall in oil prices. This led to companies cutting budgets and delaying future projects. The sharp slowdown in …

ASX-listed Woodside CEO, Meg O’Neill, has revealed that the company is looking forward to developing Pluto Train 2 in close collaboration with GIP as they bring vast global capabilities.  Woodside Energy has completed the sale of a 49% non-operating participating interest in the Pluto Train 2 joint venture (JV) to …

The past 18 months have torn through industry and sector globally, leaving behind complex layers of economic instability and financial growth uncertainty. For the oil and gas sector, these months have hit the bottom line like a hammer – as the African Energy Chamber (AEC) Africa Energy Outlook 2021 report …

Some officials believe that Uganda’s signing up to the Extractive Industries Transparency Initiative (EITI) will help the country combat the flow of illicit funds. Uganda became a member of EITI on August 12, thereby committing to making public some of the payments from its extractive industry. While addressing a multi-stakeholder …