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Category: Africa

Africa energy

Borr Drilling’s Fleet Status Report [PDF Download]
Asia Europe Gabon Latin America and Caribbean Mexico Nigeria

Borr Drilling’s Fleet Status Report [PDF Download]

ENERGY ANALYTICS INSTITUTE (EAI)26/02/202126/02/2021
(Energy Analytics Institute, 26.Feb.2021) — Borr Drilling Limited provided a fleet status report through 26 February 2021. The update can be found here. Borr-Drilling-Fleet-Report-26Feb2021Borr Drilling Fleet Status Report ____________________ By...
Gold Fields Welcomes NERSA Approval Of Solar Plant
Africa South Africa

Gold Fields Welcomes NERSA Approval Of Solar Plant

ENERGY ANALYTICS INSTITUTE (EAI)25/02/202104/03/2021
(Gold Fields, 25.Feb.2021) — Gold Fields Limited welcomes the electricity generation licence approved today by the National Energy Regulator of South Africa (NERSA) for the construction of a 40MW solar...
Positive Impact In West Africa Cocoa Communities
Africa Ghana

Positive Impact In West Africa Cocoa Communities

ENERGY ANALYTICS INSTITUTE (EAI)17/02/202125/02/2021
(CARE, 17.Feb.2021) — Today, CARE and Cargill released a report titled "A Decade of Impact in Cocoa Communities: More than Ten Years of the CARE-Cargill Partnership". The report details the...
NOCs Risk Wasting $400bn Amid Energy Transition
Africa Latin America and Caribbean Mexico Nigeria

NOCs Risk Wasting $400bn Amid Energy Transition

ENERGY ANALYTICS INSTITUTE (EAI)09/02/202112/02/2021
(Reuters, 9.Feb.2021) — National oil companies (NOCs) risk squandering $400 billion on expensive oil and gas projects over the next decade that may only break even if the world fails...
Tullow To Sale Assets In West Africa To Panoro
Africa Equatorial Guinea Gabon

Tullow To Sale Assets In West Africa To Panoro

ENERGY ANALYTICS INSTITUTE (EAI)09/02/202109/02/2021
(Tullow, 9.Feb.2021) — Tullow Oil plc signed two separate sale and purchase agreements with Panoro Energy ASA (Panoro) for all of Tullow’s assets in Equatorial Guinea (the EG Transaction) and...
Nigerian Court Issues Arrest Warrant ExxonMobil Head
Africa Nigeria

Nigerian Court Issues Arrest Warrant ExxonMobil Head

ENERGY ANALYTICS INSTITUTE (EAI)03/02/202110/02/2021
(Reuters, 3.Feb.2021) — A federal court in Abuja has signed off on a warrant to arrest the head of oil major ExxonMobil in Nigeria to compel him to appear before...
OPEC Fund Marks 45 Years Of Driving Development
Africa Ecuador Europe Iran Latin America and Caribbean Middle East Nigeria United Arab Emirates Venezuela

OPEC Fund Marks 45 Years Of Driving Development

ENERGY ANALYTICS INSTITUTE (EAI)28/01/202126/02/2021
(The OPEC Fund, 28.Jan.2021) — The OPEC Fund for International Development (the OPEC Fund) marks its 45th anniversary today. Since inception, the multilateral development finance institution has approved more than...
Italy Seeking Documents For Eni, Shell Nigeria Case
Africa Europe Nigeria

Italy Seeking Documents For Eni, Shell Nigeria Case

ENERGY ANALYTICS INSTITUTE (EAI)20/01/202123/01/2021
(Reuters, 20.Jan.2021) — Italian prosecutors asked a Milan Court on Wednesday for documents sourced from U.S. bank JPMorgan to be filed as part of a corruption trial over the acquisition...
SPDC Closes Sale Of Interest In Oil Mining Lease 17
Africa Nigeria

SPDC Closes Sale Of Interest In Oil Mining Lease 17

ENERGY ANALYTICS INSTITUTE (EAI)15/01/202124/01/2021
(Shell, 15.Jan.2021) — The Shell Petroleum Development Company of Nigeria Limited (SPDC), has completed the sale of its 30% interest in Oil Mining Lease (OML) 17 in the Eastern Niger...
SPDC Declares Force Majeure In Nigeria
Africa Nigeria

SPDC Declares Force Majeure In Nigeria

ENERGY ANALYTICS INSTITUTE (EAI)14/01/202124/01/2021
(Energy Analytics Institute, 14.Jan.2021) — The Shell Petroleum Development Company of Nigeria Limited (SPDC), operator of the SPDC joint venture and the Forcados Oil Terminal in Nigeria, declared a force...
Nigeria Solar Firm Gets $38mn To Expand
Africa Ghana Nigeria Senegal

Nigeria Solar Firm Gets $38mn To Expand

ENERGY ANALYTICS INSTITUTE (EAI)12/01/202115/01/2021
(Bloomberg, 12.Jan.2021) — Daystar Power, a Nigerian solar energy provider, has raised $38 million with the support of Investment Fund for Developing Countries and Morgan Stanley Investment Management to expand...
Reganosa To Operate LNG Terminal In Ghana
Africa Ghana

Reganosa To Operate LNG Terminal In Ghana

ENERGY ANALYTICS INSTITUTE (EAI)12/01/202115/01/2021
(Reganosa, 12.Jan.2021) — Reganosa has been awarded the contract to operate and maintain a liquefied natural gas (LNG) regasification terminal in Tema, Ghana. Currently under construction, the Tema LNG terminal...
OPEC Voluntary Production Levels (PDF DOWNLOAD)
Africa Latin America and Caribbean Middle East Nigeria Saudi Arabia Venezuela

OPEC Voluntary Production Levels (PDF DOWNLOAD)

ENERGY ANALYTICS INSTITUTE (EAI)11/01/202111/01/2021
(Energy Analytics Institute, 11.Jan.2021) — OPEC’s voluntary crude oil production levels for the months of January, February, and March. OPEC_Voluntary-Production-LevelsDownload __________ By Ian Silverman. © Energy Analytics Institute (EAI). All...
NNPC Seeks $1bn Oil Prepay For Port Harcourt Refinery
Africa Nigeria

NNPC Seeks $1bn Oil Prepay For Port Harcourt Refinery

ENERGY ANALYTICS INSTITUTE (EAI)07/01/202111/01/2021
(Reuters, 7.Jan.2021) — Nigeria’s state oil firm NNPC is in talks to raise around $1 billion in a prepayment with trading firms to refurbish its largest refining complex at Port...
Egypt Signs 9 New Deals For Oil And Gas Exploration
Africa Egypt

Egypt Signs 9 New Deals For Oil And Gas Exploration

ENERGY ANALYTICS INSTITUTE (EAI)03/01/202105/01/2021
(Arab News, 3.Jan.2021) — The Egyptian Ministry of Petroleum and Mineral Resources has signed nine new petroleum agreements to search for petroleum and natural gas in the Mediterranean and the...
Total Enters A New Operated Exploration Permit In Egypt
Africa Egypt

Total Enters A New Operated Exploration Permit In Egypt

ENERGY ANALYTICS INSTITUTE (EAI)03/01/202105/01/2021
(Total, 3.Jan.2020) — An international consortium led by Total (Total 35% Operator, Shell 30%, KUFPEC 25%, Tharwa 10%) and the Egyptian Natural Gas Holding company (EGAS) have signed an exploration...
20 Companies: The Biggest Polluters In The World
Africa Algeria Iran Iraq Latin America and Caribbean Mexico Middle East North America Saudi Arabia USA Venezuela

20 Companies: The Biggest Polluters In The World

ENERGY ANALYTICS INSTITUTE (EAI)02/01/202105/01/2021
(Insider Monkey, 2.Jan.2021) — In this article we are going to list the 20 companies that are the biggest polluters in the world. Click to skip ahead and jump to...
Total Asks Mozambique Staff To Leave Over Attacks
Africa Mozambique

Total Asks Mozambique Staff To Leave Over Attacks

ENERGY ANALYTICS INSTITUTE (EAI)01/01/202105/01/2021
(Bloomberg, 1.Jan.2021) — Total SE asked some staff to vacate its $20 billion Mozambique liquefied natural gas project as Islamist militants are staging attacks increasingly closer to the site. Fighters...
Algeria’s Absent President To Return To Country Soon
Africa Algeria

Algeria’s Absent President To Return To Country Soon

ENERGY ANALYTICS INSTITUTE (EAI)13/12/202016/12/2020
(Bloomberg, 13.Dec.2020) — Algerian President Abdelmadjid Tebboune made a surprise appearance Sunday, vowing to return soon to the North African nation after having undergone treatment for Covid-19 abroad. Tebboune, who’s...
UK Hosts African Ministers Energy Symposium
Africa Nigeria

UK Hosts African Ministers Energy Symposium

ENERGY ANALYTICS INSTITUTE (EAI)09/12/202015/12/2020
(UK's Department for International Trade or DIT, 9.Dec.2020) — The UK's Department for International Trade (DIT) on 3 December 2020, hosted the first ever UK-Africa Renewable Energy Ministerial Symposium to...
OPEC+ To Boost Output After Tense Negotiations
Africa Europe Middle East Nigeria

OPEC+ To Boost Output After Tense Negotiations

ENERGY ANALYTICS INSTITUTE (EAI)04/12/202004/12/2020
(WoodMac, 4.Dec.2020) — Tense negotiations and rumours of a rift between Saudi Arabia and UAE ended with a compromise deal for OPEC+ on 3 December 2020. Despite concerns on oversupply...
TechnipFMC Starts Work on New Complex In Egypt
Africa Egypt

TechnipFMC Starts Work on New Complex In Egypt

ENERGY ANALYTICS INSTITUTE (EAI)30/11/202013/01/2021
(TechnipFMC, 30.Nov.2020) — TechnipFMC has successfully completed the remaining conditions required to enable work to commence on the Engineering, Procurement, and Construction (EPC) contract with Assiut National Oil Processing Company...
Nigeria In Recession, Impacted By COVID-19, Oil
Africa Nigeria

Nigeria In Recession, Impacted By COVID-19, Oil

ENERGY ANALYTICS INSTITUTE (EAI)21/11/202023/11/2020
(Reuters, 21.Nov.2020) — Nigeria has slipped into a recession after its gross domestic product contracted for the second consecutive quarter, according to data released on Saturday which showed the impact...
Tullow Finalizes $575mn Sale Of Uganda Assets To Total
Africa Uganda

Tullow Finalizes $575mn Sale Of Uganda Assets To Total

ENERGY ANALYTICS INSTITUTE (EAI)10/11/202015/11/2020
(Tullow, 10.Nov.2020) — Tullow Oil plc announce the sale of its assets in Uganda to Total has completed with $500mn consideration received earlier today. Tullow is also due to receive...
Apache’s CEO Highlights Suriname On 3Q:20 Call
Africa Egypt Latin America and Caribbean Suriname

Apache’s CEO Highlights Suriname On 3Q:20 Call

ENERGY ANALYTICS INSTITUTE (EAI)05/11/202006/11/2020
(Seeking Alpha, 5.Nov.2020) — Apache Corporation CEO John Christmann led the company’s third quarter of 2020 conference call to discuss results with analysts. What follows is the complete transcript of...
Apache Releases Sustainability Report
Egypt North America USA

Apache Releases Sustainability Report

ENERGY ANALYTICS INSTITUTE (EAI)04/11/202006/11/2020
(Energy Analytics Institute, 5.Nov.2020) — Apache Corporation released its 2020 Sustainability Report, which highlights the company’s performance in governance, environmental stewardship, health and safety, workforce development and community engagement. The...
Africa Oil Inks Deal For New Block In South Africa
Africa South Africa

Africa Oil Inks Deal For New Block In South Africa

ENERGY ANALYTICS INSTITUTE (EAI)04/11/202005/12/2020
(Africa Oil Corp., 4.Nov.2020) — Africa Oil Corp. (AOI) announced that Impact Oil & Gas Limited has entered into two agreements for exploration areas offshore South Africa. The company has...
Total Reports Second South African Gas Condensate Find
Africa

Total Reports Second South African Gas Condensate Find

ENERGY ANALYTICS INSTITUTE (EAI)28/10/202007/11/2020
(Total, 28.Oct.2020) — Total made a significant gas condensate discovery on the Luiperd prospect, located on Block 11B/12B in the Outeniqua Basin, 175 kilometers off the southern coast of South...
Africa Oil Reports Find In South Africa’s Block 11B/12B
Africa South Africa

Africa Oil Reports Find In South Africa’s Block 11B/12B

ENERGY ANALYTICS INSTITUTE (EAI)28/10/202005/12/2020
(Africa Oil Corp., 28.Oct.2020) — Africa Oil Corp. announced a significant gas condensate discovery on the Luiperd prospect located on Block 11B/12B offshore South Africa. This discovery follows the adjacent...
Sterling And Wilson To Build Solar Storage Power Plant
Africa Nigeria

Sterling And Wilson To Build Solar Storage Power Plant

ENERGY ANALYTICS INSTITUTE (EAI)22/10/202019/12/2020
(Sterling and Wilson Pvt, 22.Oct.2020) — Sterling and Wilson Pvt Ltd (SWPL), India's leading engineering, procurement and construction (EPC) company, announced that its Hybrid & Energy Storage division (HES), in...
Uganda OKs Tullow’s $575mn Divestment To Total
Africa Uganda

Uganda OKs Tullow’s $575mn Divestment To Total

ENERGY ANALYTICS INSTITUTE (EAI)21/10/202026/10/2020
(Tullow, 21.Oct.2020) — Tullow Oil plc announced the government of Uganda and the Ugandan Revenue Authority have executed a binding Tax Agreement that reflects the pre-agreed principles on the tax...
Apache Reveals 3Q:20 Supplemental Information
Africa Egypt North America USA

Apache Reveals 3Q:20 Supplemental Information

ENERGY ANALYTICS INSTITUTE (EAI)14/10/202005/11/2020
(Apache, 14.Oct.2020) — Apache Corporation provided supplemental information regarding certain third-quarter 2020 financial and operational results. Supplemental quarterly information To further assist analysts with their third-quarter earnings models, the company...
Africa’s Gasoline Demand To Support Asia, Europe
Africa Nigeria

Africa’s Gasoline Demand To Support Asia, Europe

ENERGY ANALYTICS INSTITUTE (EAI)24/09/202030/09/2020
(Platts, 24.Sep.2020) — Africa's gasoline demand is expected to support the gasoline markets of Asia and Europe as refinery outages in the African continent, together with a strong recovery in...
Kosmos To Farm Down Exploration Assets To Shell
Africa Latin America and Caribbean Namibia Suriname

Kosmos To Farm Down Exploration Assets To Shell

ENERGY ANALYTICS INSTITUTE (EAI)09/09/202009/09/2020
(Kosmos, 9.Sep.2020) — Kosmos Energy has entered into an agreement with B.V. Dordtsche Petroleum Maatschappij (Shell), a wholly-owned subsidiary of Royal Dutch Shell PLC, to farm down interests in a...
Air Products To Supply Four Cryogenic Heat Exchangers
Africa Algeria

Air Products To Supply Four Cryogenic Heat Exchangers

ENERGY ANALYTICS INSTITUTE (EAI)09/09/202003/10/2020
(Air Products, 9.Sep.2020) — Air Products, the world's leader in liquefied natural gas (LNG) technology and equipment, will provide four of its MCR® Main Cryogenic Heat Exchangers (MCHEs) for Sonatrach's...
Libya Oil Units Halt Operations On Virus Spread
Africa Libya

Libya Oil Units Halt Operations On Virus Spread

ENERGY ANALYTICS INSTITUTE (EAI)07/09/202009/09/2020
(Reuters, 7.Sep.2020) — Two affiliates of Libya’s National Oil Corp (NOC) have suspended some work because of the spread of the coronavirus, they said in statements posted online on Monday....
Angola Aims To Ramp Up Oil Production
Africa Algeria

Angola Aims To Ramp Up Oil Production

ENERGY ANALYTICS INSTITUTE (EAI)30/08/202003/09/2020
(Oilprice.com, 30.Aug.2020) — Angola, Africa’s second-largest oil producer after Nigeria, will need foreign and government investments to discover up to 57 billion barrels of crude oil by 2025, according to...
Cairn On Pre-emption Of Sale Of Senegal interests
Africa Senegal

Cairn On Pre-emption Of Sale Of Senegal interests

ENERGY ANALYTICS INSTITUTE (EAI)17/08/202030/10/2020
(Carin, 17.Aug.2020) — Cairn Energy announced that further to its announcement on 27 July 2020 of the proposed sale of Cairn’s interests in the Sangomar field offshore Senegal to Lukoil,...
Equatorial Guinea’s Govt, And Prime Minister Resign
Africa Equatorial Guinea

Equatorial Guinea’s Govt, And Prime Minister Resign

ENERGY ANALYTICS INSTITUTE (EAI)15/08/202019/08/2020
(Reuters, 15.Aug.2020) — The government and prime minister of Equatorial Guinea tendered their resignation on Friday to President Teodoro Obiang, who said they had not done enough to help the...
Nigeria Convicts First Pirates Under New Maritime Law
Africa Nigeria

Nigeria Convicts First Pirates Under New Maritime Law

ENERGY ANALYTICS INSTITUTE (EAI)12/08/202012/08/2020
(Reuters, 12.Aug.2020) — A Nigerian court made the first convictions under a new anti-piracy law, giving hope to the world's shipping fleets that legal reforms will help stem rising attacks...
Agbami Key Sticking Point In OPEC+ Compliance
Africa Nigeria

Agbami Key Sticking Point In OPEC+ Compliance

ENERGY ANALYTICS INSTITUTE (EAI)11/08/202012/08/2020
(Argus, 11.Aug.2020) — Nigeria's full compliance to the OPEC+ deal hangs on a key oil grade being treated as a condensate. Since OPEC+ allowed ultra-light oil to be exempt from...
Libya’s NOC Head Warns Of Potential Disaster At Ports
Africa Libya

Libya’s NOC Head Warns Of Potential Disaster At Ports

ENERGY ANALYTICS INSTITUTE (EAI)09/08/202010/08/2020
(S&P Global Platts, 9.Aug.2020) — The head of Libya's state-run National Oil Corp warned Aug. 8 that the presence of stored flammable commodities at the country's key oil export terminals...
Kosmos Energy Announces 2Q 2020 Results
Africa Equatorial Guinea Ghana Mauritania North America Senegal USA

Kosmos Energy Announces 2Q 2020 Results

ENERGY ANALYTICS INSTITUTE (EAI)03/08/202031/08/2020
(Kosmos, 3.Aug.2020) — Kosmos Energy Ltd. announced today the financial and operating results for the second quarter of 2020. For the quarter, the Company generated a net loss of $199...
Guyana: Education Through African Culture, Heritage
Ghana Guyana Latin America and Caribbean Nigeria

Guyana: Education Through African Culture, Heritage

ENERGY ANALYTICS INSTITUTE (EAI)31/07/202002/08/2020
(DPI, 31.Jul.2020) — A webinar focusing on African Cultural Teachings was hosted by the International Decade for People of African Descent Assembly – Guyana (IDPADA-G) last evening. Moderators, Shonetta Lowe...
Total Gabon Divests Mature Non-Operated Assets
Africa Gabon

Total Gabon Divests Mature Non-Operated Assets

ENERGY ANALYTICS INSTITUTE (EAI)30/07/202012/08/2020
(Total, 30.Jul.2020) — Total announces that its 58% owned affiliate Total Gabon has signed an agreement with Perenco to divest its interests in seven mature non-operated offshore fields, along with...
Tullow Oil’s Trading Statement & Ops Update
Africa Ghana Guyana Latin America and Caribbean Suriname

Tullow Oil’s Trading Statement & Ops Update

ENERGY ANALYTICS INSTITUTE (EAI)29/07/202029/07/2020
(Tullow, 29.Jul.2020) — Tullow Oil plc (Tullow) issues this statement to summarise recent operational activities and to provide trading guidance in respect of the financial half year to 30 June...
Apache Reports 2Q:20 Financial Results
Africa Egypt Guyana Latin America and Caribbean North America USA

Apache Reports 2Q:20 Financial Results

ENERGY ANALYTICS INSTITUTE (EAI)29/07/202030/07/2020
(Apache, 29.Jul.2020) — Apache Corporation (Nasdaq: APA) today announced its financial and operational results for the second-quarter 2020.  Key Takeaways -- Announced major discovery at Kwaskwasi today, third consecutive discovery...
Total, BP And ENI Make New Gas Find Offshore Egypt
Africa Egypt

Total, BP And ENI Make New Gas Find Offshore Egypt

ENERGY ANALYTICS INSTITUTE (EAI)28/07/202029/07/2020
(Reuters, 28.Jul.2020) — French oil company Total said on Tuesday that, along with its partners BP and ENI, it had made a gas discovery at a well off the coast...
IMF Press Briefing On Nigeria, Argentina
Africa Argentina Latin America and Caribbean Nigeria

IMF Press Briefing On Nigeria, Argentina

ENERGY ANALYTICS INSTITUTE (EAI)23/07/202018/08/2020
(IMF, 23.Jul.2020) — Transcript of International Monetary Fund (IMF) press briefing on Nigeria, Argentina, and other countries. MR. RICE: Good morning everyone and welcome to this press briefing on behalf...
Angola Offers Tax Break To Help Domestic Oil Firms
Africa Algeria

Angola Offers Tax Break To Help Domestic Oil Firms

ENERGY ANALYTICS INSTITUTE (EAI)23/07/202027/07/2020
(Argus, 23.Jul.2020) — The Angolan government has decided to cut the petroleum income tax rate from 50pc to 30pc for domestic companies that successfully bid in the country's upcoming onshore...
Algeria Expects Energy Revenue To Fall $10bn
Africa Algeria

Algeria Expects Energy Revenue To Fall $10bn

ENERGY ANALYTICS INSTITUTE (EAI)21/07/202023/07/2020
(Reuters, 21.Jul.2020) — Algeria expects its oil and gas revenue to fall to $23 billion this year from $33 billion in 2019, energy minister Abdelmadjid Attar told state radio on...
Global Gas Flaring At Levels Not Seen Since 2009
Africa Latin America and Caribbean Middle East North America USA Venezuela

Global Gas Flaring At Levels Not Seen Since 2009

ENERGY ANALYTICS INSTITUTE (EAI)21/07/202021/07/2020
(World Bank, 21.Jul.2020) — Estimates from satellite data show global gas flaring increased to levels not seen in more than a decade, to 150 billion cubic meters (bcm), equivalent to...
Sisi Wins Approval For Possible Libya Intervention
Africa Egypt Libya

Sisi Wins Approval For Possible Libya Intervention

ENERGY ANALYTICS INSTITUTE (EAI)20/07/202023/07/2020
(Reuters, 20.Jul.2020) — Egypt’s parliament gave President Abdel-Fattah al-Sisi the green light for possible military intervention in Libya by approving the deployment of armed forces abroad to fight “terrorist groups”...
McDermott Awarded Next Phase Of Azikel Refinery
Africa Nigeria

McDermott Awarded Next Phase Of Azikel Refinery

ENERGY ANALYTICS INSTITUTE (EAI)14/07/202019/08/2020
(McDermott, 14.Jul.2020) — McDermott International Ltd. announced it has been awarded a *large engineering and procurement contract from Azikel Petroleum Ltd. for the modular 12,000 BPD Hydro-Skimming Refinery project. The...
Early Oil Pilot Scheme (EOPS) Ends In Kenya
Africa Kenya

Early Oil Pilot Scheme (EOPS) Ends In Kenya

ENERGY ANALYTICS INSTITUTE (EAI)13/07/202030/07/2020
(Tullow Oil, 13.Jul.2020) — After a successful two-year period and coinciding with the Early Oil Pilot Scheme (EOPS) contract expiry period, Tullow Kenya, together with its Joint Venture Partners Total...
Total Secures $15.8bn For Mozambique Gas Project
Africa Mozambique

Total Secures $15.8bn For Mozambique Gas Project

ENERGY ANALYTICS INSTITUTE (EAI)08/07/202024/07/2020
(Reuters, 8.Jul.2020) — French oil major Total has secured $15.8 billion in funding for its massive liquefied natural gas (LNG) project in northern Mozambique, according to South African lender FirstRand's...
Africa’s Richest Woman to Cooperate In Corruption Probe
Africa Angola

Africa’s Richest Woman to Cooperate In Corruption Probe

ENERGY ANALYTICS INSTITUTE (EAI)07/07/202010/07/2020
(Bloomberg, 7.Jul.2020) — Isabel dos Santos, who is accused of causing billions of dollars in losses to the Angolan government during her father’s 38-year rule, said she is available to...
Eni Reports New Gas Discovery Offshore Egypt
Africa Egypt

Eni Reports New Gas Discovery Offshore Egypt

ENERGY ANALYTICS INSTITUTE (EAI)01/07/202002/07/2020
(Eni, 1.Jul.2020) — Eni has successfully drilled the first exploration well in the North El Hammad license, in the conventional Egyptian waters of the Nile Delta, on the prospect called...
Sasol Sells Escravos GTL Plant In Nigeria To Chevron
Africa Nigeria

Sasol Sells Escravos GTL Plant In Nigeria To Chevron

ENERGY ANALYTICS INSTITUTE (EAI)01/07/202019/08/2020
(Sasol, 1.Jul.2020) — Sasol and Chevron have signed an agreement that will result in Sasol selling its indirect beneficial interest in the Escravos GTL (EGTL) plant in Nigeria to Chevron....
Supermajors Are Flocking To This Booming Oil Frontier
Africa Namibia

Supermajors Are Flocking To This Booming Oil Frontier

ENERGY ANALYTICS INSTITUTE (EAI)30/06/202001/07/2020
(Oilprice.com, 30.Jun.2020) — Exxon is moving to rapidly expand its exploration footprint in this little-known venue, French Total SA is spudding its first well here, small-cap Eco Atlantic - of...
Egypt, Ethiopia, Sudan Hope For Nile Dam Deal In Weeks
Africa Egypt

Egypt, Ethiopia, Sudan Hope For Nile Dam Deal In Weeks

ENERGY ANALYTICS INSTITUTE (EAI)27/06/202001/07/2020
(Reuters, 27.Jun.2020) — Leaders of Sudan, Ethiopia and Egypt said they were hopeful that the African Union (AU) could help them broker a deal to end a decade-long dispute over...
Total And Sonatrach Extend Their LNG Partnership
Africa Algeria

Total And Sonatrach Extend Their LNG Partnership

ENERGY ANALYTICS INSTITUTE (EAI)25/06/202026/06/2020
(Total, 25.Jun.2020) — Total and Sonatrach have signed an agreement to renew their partnership in the field of liquefied natural gas (LNG). This agreement notably allows to extend the existing...
How Price Crash Changed The Upstream Sector?
Africa Canada North America Senegal USA

How Price Crash Changed The Upstream Sector?

ENERGY ANALYTICS INSTITUTE (EAI)24/06/202025/06/2020
(WoodMac, 24.Jun.2020) — According to Wood Mackenzie’s analysis, the oil price crash wiped US$1.6 trillion off the valuation of the global upstream industry. Andrew Pearson, vice president, upstream, said: “This...
Leaky Pipes Threaten Libya’s Oil Revival From War
Africa Libya

Leaky Pipes Threaten Libya’s Oil Revival From War

ENERGY ANALYTICS INSTITUTE (EAI)24/06/202024/06/2020
(Bloomberg, 24.Jun.2020) — Libya’s oil industry is crumbling after more than nine years of neglected maintenance amid a civil war that’s killed thousands and destroyed towns across the country. The...
Opec+ Extra Cuts Will End In June: Saudi Oil Minister
Africa Libya Nigeria

Opec+ Extra Cuts Will End In June: Saudi Oil Minister

ENERGY ANALYTICS INSTITUTE (EAI)08/06/202008/06/2020
(Argus, 8.Jun.2020) — Mideast Gulf countries that pledged deeper crude cuts beyond their Opec+ commitments this month do not plan to extend these into July, Saudi oil minister Prince Abdulaziz...
OPEC+ To Meet Saturday On Extending Cuts
Africa Latin America and Caribbean North America USA Venezuela

OPEC+ To Meet Saturday On Extending Cuts

ENERGY ANALYTICS INSTITUTE (EAI)05/06/202005/06/2020
(Reuters, 5.Jun.2020) — OPEC and its allies led by Russia will meet on Saturday to discuss extending record oil production cuts and to push laggards such as Iraq and Nigeria...
Cargill’s Progress Against Critical Sustainability Goals
Africa

Cargill’s Progress Against Critical Sustainability Goals

ENERGY ANALYTICS INSTITUTE (EAI)02/06/202005/06/2020
(Cargill, 2.Jun.2020) — At Cargill, sustainability is written into the company's purpose—and woven into core operations including investment priorities, organizational structure and resource allocation. The company recently outlined progress against...
Total Buys Occidental Petroleum’s Assets In Ghana
Africa

Total Buys Occidental Petroleum’s Assets In Ghana

ENERGY ANALYTICS INSTITUTE (EAI)18/05/202020/05/2020
(Total, 18.May.2020) — In August 2019, Total and Occidental Petroleum entered into a Purchase and Sale Agreement (PSA) in order for Total to acquire Anadarko’s assets in Africa. Under this...
Total Discontinues Purchase Of Oxy’s Assets In Ghana
Africa Ghana

Total Discontinues Purchase Of Oxy’s Assets In Ghana

ENERGY ANALYTICS INSTITUTE (EAI)18/05/202013/06/2020
(Total, 18.May.2020) — In August 2019, Total and Occidental Petroleum entered into a Purchase and Sale Agreement (PSA) in order for Total to acquire Anadarko’s assets in Africa. Under this...
Nigeria LNG Limited Selects Saipem For LNG Project
Africa Nigeria

Nigeria LNG Limited Selects Saipem For LNG Project

ENERGY ANALYTICS INSTITUTE (EAI)13/05/202006/07/2020
(Saipem, 13.May.2020) — Saipem, in joint venture with Daewoo E&C Co. Ltd and Chiyoda Corporation (SCD JV), has been awarded by Nigeria LNG Limited the contracts for the Engineering, Procurement...
Even At $10/bbl, Traders Balk At Buying Nigeria’s Oil
Africa Nigeria

Even At $10/bbl, Traders Balk At Buying Nigeria’s Oil

ENERGY ANALYTICS INSTITUTE (EAI)28/04/202022/06/2020
(Bloomberg, 28.Apr.2020) — The oil price crash isn’t getting any easier for Nigeria. Late on Monday, the nation released the prices for most of its crude oil grades for sale...
Total Buys Tullow Interests In Uganda Project
Africa Uganda

Total Buys Tullow Interests In Uganda Project

ENERGY ANALYTICS INSTITUTE (EAI)23/04/202014/06/2020
(Total, 23.Apr.2020) — Total and Tullow have entered into an Agreement, through which Total shall acquire Tullow’s entire interests in Uganda Lake Albert development project including the East African Crude...
OPEC And Non-OPEC To Cut Output By 9.7 MMb/d
Africa Brazil Europe Latin America and Caribbean Mexico

OPEC And Non-OPEC To Cut Output By 9.7 MMb/d

ENERGY ANALYTICS INSTITUTE (EAI)12/04/202013/04/2020
(OPEC, 12.Apr.2020) — The 10th (Extraordinary) OPEC and non-OPEC Ministerial Meeting was held via videoconference, on Sunday, 12 April 2020, under the Chairmanship of HRH Prince Abdul Aziz Bin Salman,...
APPO Commits To Support OPEC+ Efforts
Africa

APPO Commits To Support OPEC+ Efforts

ENERGY ANALYTICS INSTITUTE (EAI)11/04/202011/04/2020
(OPEC, 11.Apr.2020) — The African Petroleum Producers' Organization (APPO) has followed with keen interest the Meeting of the OPEC+ or Declaration of Cooperation Partners which held on Thursday 9th April...
Galileo Sales VP Gabriel Lorenzi Interviewed By GBR
Africa Angola Argentina Latin America and Caribbean Nigeria

Galileo Sales VP Gabriel Lorenzi Interviewed By GBR

ENERGY ANALYTICS INSTITUTE (EAI)09/04/202002/07/2020
(Global Business Reports, 9.Apr.2020) — Twenty years ago it was impossible to think about an off-grid natural gas network. Today, Africa can build it with our innovative and efficient technologies,...

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Exxon’s Bulletwood-1 Finds Non-Commercial Volumes

AES Sets Robust Near- And Long-Term Goals

Kootenay Commences Drilling In Mexico

Prospects For Synergies Between Guyana, Suriname

Exxon Vows To Lift Returns

Petrobras On Board Member Pietro Antonelli’s Decision

Sungrow Launches 75 kW String Inverter In Brazil

Oceaneering Says Collins To Succeed Huff As Chairman

Zacatecas Silver Trades On TSX Venture

Nextracker To Supply Smart Solar Trackers In Brazil

Petrobras On Board Member Decisions

Apache And APA Finalize New Holding Structure

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