AfrOil - Africa Oil & Gas
ExxonMobil says world will fail to meet Paris goal in 2050
Oil supermajor ExxonMobil says that the world will fail to meet the Paris Agreement goal to keep global warming below 2 degrees Celsius by 2050.
Algeria’s state-owned energy group Sonatrach discovered ten gas fields in H1
Algerian state-owned energy group Sonatrach announced it discovered ten new oil and gas discoveries during drilling operations in H1 of the current year, Algerian Radio reported on August 29 citing Sonatrach's exploration director, Rabie Badji.
RISK ADVISORY: Changing Sonangol – can Angola finish what it started?
After a promising start, President João Lourenço’s ambitious plan to reform Angola’s state oil company Sonangol appears to have ground to a halt.
$325bn EU infrastructure fund eyes African clean jet fuel projects, likely in South Africa, Kenya, Ethiopia
Pertamina signs raft of African deals during Indonesian president's tour
Indonesia’s state-owned oil and gas company Pertamina signed several agreements with African countries last week during a tour of the region by President Joko Widodo, who attended the BRICS summit in South Africa.
Egypt’s oil ministry plans to launch international tender for 8-10 concessions
Egypt’s oil ministry plans to launch a tender for companies to explore for oil and natural gas in 8-10 concessions by the end of this year or the beginning of 2024. These will likely be concentrated in the Gulf of Suez, Red Sea and the South Valley.
Eni starts oil and gas production at huge Ivory Coast offshore field Baleine
Eni has begun oil and gas production at the huge Baleine field in deep waters offshore Ivory Coast, just two years after its discovery, the Italian energy major announced on August 28, confirming a previous statement by the Ivorian energy ministry.
BP and partners to invest $3.5bn in Egypt’s hydrocarbon sector over next three years, CEO says
Kinetiko considers secondary listing to fund South African LNG plans
Australia’s Kinetiko Energy is debating listing on a secondary stock exchange in either London or Johannesburg in order to secure additional funds for its LNG development plans in South Africa, CEO Nick de Blocq said.
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