Africa Archives - Page 2 of 10 - Energy Analytics Institute (EAI)

Venezuela flared 46% of its 3,895 MMcf/d of natural gas production in 2024

HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 21.Feb.2025, Words: 1,030) — Oil producing Venezuela, a founding member of the Organization of the Petroleum Exporting […]

TotalEnergies and ENI Ink Deal to Export Cyprus Block 6 Gas Through Egypt

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Feb.2025) — France’s TotalEnergies and Italy’s ENI, partners in Cyprus offshore Block 6, signed a Host Government Agreement (HGA) with the […]

TotalEnergies, Masdar and EPointZero to Drive Clean Energy Access in Africa and Asia

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Feb.2025) — Abu Dhabi Future Energy Company PJSC – Masdar, TotalEnergies and EPointZero, the decarbonization arm of 2PointZero, […]

CERAWeek by S&P Global Houston, 10-14 Mar. 2025

HOUSTON, TEXAS (S&P Global, 10.Feb.2025) — The 43rd annual gathering of CERAWeek by S&P Global—the world’s preeminent energy conference—will convene energy industry leaders, experts, government officials […]

Baker Hughes to Deploy Leucipa Automated Field Production Solution in Niger Delta

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 3.Feb.2025) — Baker Hughes announced an agreement with NNPC Limited/FIRST Exploration & Petroleum Development Company (FIRST E&P) joint […]

NRGBriefs Jan. 2025: Golden Pass LNG, Chevron CEO on Argentina growth

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 31.Jan.2025) — Energy briefs as well as others related to finance, economics, politics, and projects during Jan. 2025 […]

Chevron Starts Several Projects in the Gulf of America [PDF Download]

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 31.Jan.2025) — Chevron Corporation reported earnings of $3.2bn in the fourth-quarter 2024 (4Q:24) compared with $2.3bn in the […]

Woodside Reports 3.6% Rise in Production in 2024 Driven by Sangomar Offshore Senegal

HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 22.Jan.2025) — Woodside Energy reported record full-year production of 194 million barrels of oil equivalent or MMboe […]

Nigeria Officially Joins BRICS as Partner Country

BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 17.Jan.2025) — Nigeria formally joined BRICS as a partner country of the grouping. “With the world’s sixth-largest […]

IMF Expects World Output to Rise 3.3% in Both 2025 and 2026 [PDF Download]

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Jan.2025) — The International Monetary Fund (IMF) projects global growth at 3.3% both in 2025 and 2026, below […]

Namibia Energy Ministry: Shell to Write-Down $400mn in PEL 39 [PDF Download]

(Editors at Energy Analytics Institute, 11.Jan.2025) — Namibia’s Ministry of Mines and Energy issued an official statement saying that Shell will write down $400mn on […]

WoodMac: Key Upstream Things to Look for in 2025

(WoodMac, 8.Jan.2025) — Improving upstream sentiment comes at a time of high geopolitical tensions, and both supply and demand concerns, setting 2025 up to be […]

China’s Geely Auto Eyes Selling 2.71mn Units in 2025 v. 2.17mn in 2024

(Editors at Energy Analytics Institute, 6.Jan.2025) — Automaker Geely Auto eyes global sells of 2.71mn units in 2025, while evolving the full scale of operating […]

Greater Tortue Ahmeyim LNG Flows First Gas Offshore Mauritania and Senegal

HOUSTON, TEXAS (Ian Silverman, Energy Analytics Institute, 2.Jan.2025) — bp has begun flowing gas from wells at the GTA Phase1 liquefied natural gas (LNG) project […]

EAI’s 4Q:24 NRG Prospector condensed version [emagazine download]

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 1.Jan.2025) — Download the 4Q:24 NRG Prospector eMagazine with updates, analysis, features, briefs and “heard on the street” […]

Sinopec Releases First Sustainable Development Report in Algeria

(Editors at Energy Analytics Institute, 31.Dec.2024) — China Petroleum & Chemical Corporation officially released the sustainability report, Sustainability Report on Serving the Construction of the […]

bp and XRG Close Natural Gas Platform Arcius Energy

(Ian Silverman, Energy Analytics Institute, 16.Dec.2024) — bp and XRG reached financial close and completed formation of their new joint venture (JV) and international natural […]

Shell Takes FID at Bonga North Offshore Nigeria

(Energy Analytics Institute, 16.Dec.2024) — Shell plc subsidiary Shell Nigeria Exploration and Production Company Limited (SNEPCo) announced a final investment decision (FID) on Bonga North, […]

Equinor Pockets $2bn in Azerbaijan and Nigeria Business Exits

(Equinor, 9.Dec.2024) — Equinor has closed transactions exiting the upstream businesses in Azerbaijan and Nigeria, with a total estimated consideration of up to $2bn. After […]

Eni Launches Hull of Nguya FLNG in China

(Energy Analytics Institute, 23.Nov.2024) — Italy’s energy giant Eni launched the hull of the Nguya Floating Liquefied Natural Gas (FLNG) facility in Wison‘s shipyard in […]

High-impact Exploration Could Cut Scope 1 and 2 Emissions by 6% in 2030

(WoodMac, 21.Nov.2024) — Investment in oil and gas exploration has plummeted two-thirds in the last decade, but the industry still has a critical role to […]

EAI’s ‘Africa NRG Insights’ investor report (FREE PDF download-prologue)

HOUSTON, TEXAS (Energy Analytics Institute, 15.Jun.2024, Words: 136) — Energy Analytics Institute‘s recently released ‘Africa NRG Insights’: Africa’s ‘Just’ Energy Transition: An Investor’s Perspective on […]

bp, Equinor, Shell and TotalEnergies to Boost Access to Energy (PDF Download)

(Equinor, 15.Nov.2024) — bp, Equinor, Shell and TotalEnergies announce a commitment to invest in support of the UN Sustainable Development Goal 7 (UN SDG7), which […]

‘Micro-Documentaries’ Sound the Climate Alarm for Global South at COP29

(Rockefeller Foundation, 11.Nov.2024) — As part of Human Development, Children and Youth, Health, and Education Day at the United Nations Climate Change Conference in Baku, […]

APA Corp. Reveals 3Q:24, Comments on Suriname, Permian

(APA, 6.Nov.2024) — APA Corporation announced its financial and operational results for the third quarter of 2024. Key Takeaways APA reported a loss attributable to […]

Marathon Oil Reports 3Q:24 Results

(Marathon, 6.Nov.2024) — Marathon Oil Corporation reported third-quarter 2024 (3Q:24) net income of $287mn or $0.51 per diluted share, which includes the impact of certain […]

Chevron Eyes More Non-core Asset Divestments, Wirth Says

(Energy Analytics Institute, 1.Nov.2024) — California-based Chevron Corporation plans to continue to divest non-core assets as part of its ongoing portfolio optimization efforts. This, as […]

TotalEnergies Reports 3Q:24 Results, Output of 2.41 MMboe/d (PDF Downloads)

(TotalEnergies, 31.Oct.2024) — TotalEnergies SE reported its third quarter 2024 (3Q:24) results, including upstream production of 2.41 MMboe/d. Production benefited from the ramp up of […]

Egypt President Abdel Fattah el-Sisi Meets Eni CEO Claudio Descalzi

(Eni, 28.Oct.2024) — The President of the Arab Republic of Egypt, Abdel Fattah el-Sisi met today with Eni Chief Executive Officer Claudio Descalzi to follow […]

Eni Reports 3Q:24 Financial Results (PDF Downloads)

(Eni, 25.Oct.2024) — Eni‘s Board of Directors, chaired by Giuseppe Zafarana, yesterday approved the unaudited consolidated results for the third quarter and nine months of […]

TGS Expands Benin Megasurvey to Reveal Untapped Potential

(TGS, 22.Oct.2024) – TGS announces the expansion of 3D seismic coverage for its Benin MegaSurvey, in collaboration with Société Nationale des Hydrocarbures du Bénin (SNH-B). […]

IEA: Shipping Route Interruptions in 3Q:24

(International Energy Agency, 18.Oct.2024) — The strong momentum behind LNG project development continued in 2024 even with no US projects reaching final investment decision Since […]

LatAm NRG matters: highlights, heard from Brazil and Cuba to Mexico and Venezuela

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 18.Oct.2024, Words: 494) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 18 […]

Woodside’s Record 3Q:24 Production Driven by Sangomar [PDF Download]

(Woodside, 16.Oct.2024) — Woodside Energy reported record third-quarter 2024 production of 53.1 MMboe (577 Mboe/d), up 20% sequentially from the second-quarter 2024 due to ramp-up […]

Baker Hughes Awarded Order for Kaminho Project in Angola

(Baker Hughes, 15.Oct.2024) — Baker Hughes has been awarded a contract, to be booked in the third quarter, to supply advanced compression solutions to Saipem […]

Lithium Africa Resources Announces Additions to Board

(Lithium Africa Resources, 7.Oct.2024) — Lithium Africa Resources Corp. announces additions to board. Lithium Africa is pleased to announce two significant additions to its Board of […]

Petrobras Reports on South African Operations

(Petrobras, 1.Oct.2024) — Petrobras informs that its Board of Directors has approved the company’s operations in South Africa, enabling the acquisition of a stake in […]

DMW Marine Expands Workforce to Meet Growing Global Demand

(Energy Analytics Institute, 1.Oct.2024) — DMW Marine Group, which specializes in marine cranes, announced the hiring of nine new service technicians. This move supports the […]

McDermott Awarded FEED Contract in Mozambique

HOUSTON, TEXAS (Energy Analytics Institute, 30.Sep.2024) — McDermott, through a consortium with Saipem and China Petroleum Engineering and Construction Corporation, has been awarded a front-end […]

TotalEnergies Reveals Mozambique LNG Response

(TotalEnergies, 26.Sep.2024) — The digital media Politico published an article regarding alleged murders that would have been carried out by Mozambican soldiers close to Afungi, […]

Flex LNG on Mandatory Notification of Trade by PDMR

(Energy Analytics Institute, 20.Sep.2024) — Flex LNG Ltd. said it has received trade notifications from the following two persons discharging managerial responsibilities (PDMR). Øystein Kalleklev, CEO […]

Gastech Houston 2024: Day 2 Wrap

(Gastech, 17.Sep.2024) — Gastech Exhibition & Conference 2024, the world’s premier platform for natural gas, LNG, hydrogen, climate technologies, energy manufacturing, and low carbon solutions, marked […]

Woodside Execs Visit NYSE in First Equity Market Briefing

(Energy Analytics Institute, 16.Sep.2024) — Woodside Energy completed its first North American equity market briefing at the New York Stock Exchange (NYSE) on 16 Sep. […]

Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman Extend Cuts

(Opec, 5.Sep.2024) — The OPEC+ countries, which previously announced additional voluntary cuts in Apr. and Nov. 2023, including Saudi Arabia, Russia, Iraq, the United Arab […]

Petrobras to Offer Dollar-denominated Global Notes

(Petrobras, 3.Sep.2024) — Petrobras announces that its wholly-owned subsidiary, Petrobras Global Finance B.V. (PGF), has commenced (i) an offering of a new series of U.S. […]

EAI’s NRGBriefs: Aug. 2024

(Energy Analytics Institute, 31.Aug.2024) — Energy briefs as well as others related to finance and projects during Aug. 2024 including Petrobras achieving its main target […]

Eco Atlantic Completes Farm Down in Block 3B/4B Orange Basin South Africa

(Eco Atlantic, 30.Aug.2024) — Eco (Atlantic) Oil & Gas Ltd. announced completion of a farm down of a 13.75% Participating Interest in Block 3B/4B offshore the Republic of […]

Karpowership Partners with World Bank to Close Gender Gap in Africa’s Energy Sector

(Karpowership, 26.Aug.2024) —This new partnership aims to advance gender equality within Africa’s energy sector, bolstering employment opportunities for women across at least ten countries and fostering a […]

POWERCHINA Alleviates Harsh Conditions with Construction Projects

(Power Construction Corp. of China, 9.Aug.2024) — Power Construction Corporation of China continues to do its part to alleviate the harsh summer climate change challenges affecting many regions […]

Karpowership Announces $1bn LNG-to-Power Investment in South Africa

(Karpowership, 13.Aug.2024) — Karpowership announced its plans to invest a transformative $1bn of LNG-to-Power infrastructure that will be based in Mozambique and made available to the entire South African […]