Latest Stories

Global green spending rises 1% in 2019

22 January 2020

Global investment in renewable generation rose 1% in 2019 to $282bn, with the Chinese market falling and US spending reaching record levels.

ADB supports Maldives solar hybrid with $55mn grant

22 January 2020

The Asian Development Bank (ADB) has provided $55mn of support to the Maldives to build solar-hybrid battery systems on 48 islands in a bid to reduce diesel consumption.

Global Infrastructure Partners eyes joint bid in Brazilian refinery sale

22 January 2020

US-based Global Infrastructure Partners (GIP) is reportedly planning to team up with Brazil’s Raízen to participate in a privatisation sale covering four large refineries owned by the national oil company (NOC), Petrobras.

Total and partners postpone spudding of next well offshore South Africa

22 January 2020

France’s Total has pushed back the start date for drilling work on a new well at Block 11B/12B offshore South Africa.

Uganda still in talks with Tullow, Total, CNOOC on Block 3A

22 January 2020

Uganda is still in talks with foreign investors on the planned development of Block 3A, which includes the Kingfisher and Tilepa oilfields, but has not yet resolved the tax disputes that put the project on hold last year.

Continued conflict in Libya hits oil sector

22 January 2020

Fighting between GNA and LNA forces in Libya has led to falling oil production, declaration of force majeure.

Angola wraps up 2019 bidding round by awarding three blocks

22 January 2020

Angola's National Agency for Oil, Gas and Biofuels (ANPG) has chosen a winner in auctions for three of the 10 blocks involved in the 2019 bidding round.