Upstream oil & gas news

Oil rigs offshore Namibia

Africa’s upstream M&A market offers a slow road to completion

Despite a period of intense activity in markets such as Namibia and Nigeria, merger and acquisition deals around the continent are taking longer to get over the line, reflecting the more complex structures being adopted and the need to tap less familiar sources of funding, writes James Gavin.

Issue 509 - 18 July 2024

Pin Angola, Namibia, Chad, Congo Brazzaville, Gabon

Pin Resources, Strategy & risk, Finance & investment

Latest Upstream oil & gas headlines

New data: African power generation additions lowest in five years

Since 2018, Africa has seen a downward trend in annual net power generation capacity additions. Of the 4.5GW added in 2023, 1.4GW came from hydroelectric power.

New report suggests SDG7 could be achieved by 2034

African Energy staff led research for the Africa-EU Energy Partnership’s second annual European Financial Flows on SDG7 to Africa report.

Data illustrates the performance and prospects for renewable energy in Africa

The latest figures from Live Data show the direction of the continent's on-grid power generation industry over the next five years

Research underlines challenges faced by carbon and renewable credits markets

Almost 50% of respondents to an African Energy survey said the certification of carbon or renewable credits is too costly or time-intensive.

North Africa power trends: Renewable energy potential only partially met in gas-addicted region

African Energy has analysed the latest on-grid power generation data for North Africa.

Libya oil map 2020, Tripoli

The Libya energy dossier


African Energy’s latest piece of investigative journalism is based on a stream...
South Africa energy transition report

South Africa's energy transition report


In a major investigation, African Energy has probed unanswered questions about South...
Uganda map focused on Lake Albert oil and gas fields and Eacop

Uganda special report, November 2023


This report collects togther a series of articles on Uganda's energy sector...
African Energy briefing report

African Energy briefing report – AEF2023


This web-based report has been published to provide those attending or following...