Africa
Libyan production languishes under ‘illegal blockade’
4 August 2020
National Oil Corporation reports its lowest production since the blockade started in January as external forces gear up for clash over Sirte basin oilfields
Three steps to support good governance
3 July 2020
The oil and gas industry should take action to improve governance and promote sustainable development in Africa
Nigeria dangerously exposed to oil crash
24 March 2020
The recent drop in oil prices will hit Nigeria hard, making a big dent in government revenues and threatening the viability of upstream projects
Somalia ratifies petroleum law
10 February 2020
Final stage in the legislative process paves the way for IOC investment
Power play in West Africa
4 February 2020
The countries in the region would all receive an economic boost if a regional power market can be established
South Africa legislates for oil and gas future
31 January 2020
The Ramaphosa government proposes new rules amid increasing global competition for IOC’s capital
Nigeria endangers IOC interest for quick fiscal fix
28 January 2020
The government’s revision of PSCs to seek more revenue from oil majors will backfire if it prompts them to reevaluate their portfolio investment priorities
Mozambique battles to overcome insurgency
28 January 2020
An Islamic State affiliate has emerged as a serious threat to the gas projects in Cabo Delgado, but the authorities remain firmly in control
Angola announces Namibe Basin awards
16 January 2020
Partial success of 2019 licensing round sees Sonangol, Total, Equinor and BP take interests in blocks, leaving several other blocks open to offers
South Africa to embrace off-grid generation
16 January 2020
Africa’s richest nation will resort to allowing industry to generate its own power, to relieve pressure on beleaguered state utility Eskom amid load-shedding crisis
Tentative reform moves could boost Sonatrach
13 January 2020
Algeria’s new government presents a conciliatory face, which could help revitalise the energy sector and the national champion
Somalia takes big step towards licensing round
10 January 2020
Mogadishu vote pushes major offshore find towards realisation amid rising security concerns
The diverging fortunes of Africa’s crude kings
27 December 2019
Profound differences in governance style will impact the speed and development of future energy projects across Angola and Nigeria
Somalia’s oil may secure the peace
16 December 2019
The federal country is on the verge of launching a licensing round that could be transformative for the country—if IOCs are convinced by improvements to the security situation
Uganda battles to revive oil project
21 November 2019
The energy ministry’s aim to achieve FID in early 2020 looks ambitious
IOCs retain Algerian caution
12 November 2019
Sceptical Western investors adopt wait-and-see attitude even after Algeria’s interim government agreed a draft hydrocarbons law
Nigeria waits for promises to be fulfilled
12 November 2019
The National Assembly has waited more than six months for the president to give his assent to anti-corruption legislation
Capital demands African regulatory stability
11 November 2019
Financial fundamentals and sustainability considerations will also be key to attracting the project financing required to develop recent discoveries
Ghana aims to speed up
7 November 2019
Stranded asset concerns encourage west African nation to get its oil out as quickly as possible
Somalia’s energy sector poised for take off
6 November 2019
Somalia’s Minister of Petroleum & Mineral Resources says the upcoming offshore 15 block licensing round is a ‘game-changing development’ that will benefit the entire population
Somalia reboots terms of licensing round debut
5 November 2019
The petroleum ministry is poised to publish a new timetable and hold a Houston roadshow
Priming the pump
4 November 2019
Targeted support from a multilateral institution can result in substantial commercial and developmental rewards, says Olivier Mussat of the World Bank Group’s IFC
Savannah strikes it lucky in the Sahara
25 October 2019
UK independent can develop its Agadem field on the back of a major funding boost and pipeline access to world markets
Equatorial Guinea prepares for new era for oil
15 October 2019
‘Drill or drop’ policy will soon result in a new set of license holders that the government hopes will kick-start the West African country’s oil industry
Nigeria LNG’s long wait looks to be over
4 October 2019
FID on a long-awaited expansion of the Nigeria LNG project looms. But the nation’s dreams of being a premier league producer have faded, at least for now
Yakaar-Teranga gas to prioritise Senegalese market
27 September 2019
Kosmos and BP have found more gas in Senegal, but further LNG exports will have to wait