Search results

Selected filters:

General

Type

Sector

Regions

Sort options

1,203 results found for your search

Subscriber

African Energy’s new Upstream update table shows the extent of interest in Ghana’s offshore hydrocarbons play. But a clear blueprint for how those reserves will be used locally remains elusive, and conflicting views of how Ghana should exploit its emerging resources will be more apparent in the lead-up to the December presidential election

Ghana
Free

The second high-level meeting of the Africa-EU Energy Partnership (AEEP) in Addis Ababa on 11-13 February has provided another opportunity for experts to assess how far Africa and Europe have come in reaching a set of ‘political targets’ set in 2010. The targets for 2020 provided shared goals for energy access and efficiency, energy security (including electricity interconnections and gas trade) and generation from renewables. The findings of this work by the AEEP Secretariat, whose consultant is African Energy’s parent Cross-border Information, are available in a Status Report downloadable in English and French.

Subscriber

Colonel Mamady Doumbouya’s cabinet has been presented by his regime as bringing technocrats into key positions to improve the government’s performance, but critics say ministers are either too ‘apolitical’ to enact genuine change, or compromised by past business dealings. A strong signal comes with the presidency taking direct control of major state assets from other public sector bodies, write David Slater, Jon Marks and our Special Correspondent

Guinea
Issue 453 - 28 January 2022

No choice but a Dabaiba administration?

Free

In a polity with no choices, inertia rules. On 25 January, the Tobruk-based House of Representatives (HOR) voted to give itself exclusive responsibility for choosing a new government to replace the one led by Abdel Hamid Al-Dabaiba. The decision opens the way to another lengthy constitutional impasse as it is unlikely the HOR has either the muscle or the credibility to eject the incumbent administration or to put its own appointees into the main ministerial portfolios in Tripoli.

Libya
Subscriber

Political and security conditions may be acutely difficult in the G5 Sahel countries, but a new era beckons for solar projects in the region, symbolised by AfDB approval of a plan to develop 500MW of PV capacity. Sector insiders believe that short-term problems such as rising risk premiums may be offset by the positive medium-to-long-term prospects for the rollout of solar PV across the Sahel, writes Marc Howard

Mauritania | Niger | Chad | Burkina Faso | Senegal | Mali
Subscriber

A presidential taskforce report which recommended that PPAs be redrawn has been greeted with resignation by stakeholders who have been ground down by years of dithering. Industry players are now left hoping the government will adopt a realistic outlook in renegotiations, writes Dan Marks

Kenya
Subscriber

Former BP boss Tony Hayward’s Genel Energy has agreed to farm into Jacka Resources’ Odewayne Block in the breakaway Republic of Somaliland, taking a 50% stake. Genel said it would become operator of the block and will carry Jacka and its partner Petrosoma through 1,500km of 2D seismic and the drilling of an exploration well, at a cost of around $50m.

Somalia
Subscriber

The first shipment of crude contracted by the House of Representatives (HoR)-appointed management of National Oil Corporation in Al-Bayda will be loaded this month and transported to a major shipping port in Europe. “I am going to break this thing, Insha’Allah,” Edward Loyd, chief executive of California-based Loyd Capital Partners, told African Energy on 9 March. He said the HoR-aligned Central Bank of Libya had just issued a letter confirming the bank account to which payment for the crude should be made.

Libya
Subscriber

Nearly a year after the unity government came to power, Zimbabwe’s economic fundamentals are little improved and financiers are holding back from supporting essential projects, writes Kevin Godier

Zimbabwe
Subscriber

President Denis Sassou Nguesso’s debt-stressed administration has finally obtained a new International Monetary Fund (IMF) facility, worth nearly $449m, despite criticism that Brazzaville has not provided sufficient detail of parallel rescheduling deals for arrears contracted in pre-financing arrangements with China and Swiss-based oil trading houses, nor implemented previous commitments to control borrowing, spending and other policy shortfalls.

Issue 181 - 26 February 2010

Bankers predict upturn in oil lending

Subscriber

Oil sector financiers are anticipating another busy year, led by the need for new money in the hydrocarbons sectors in East and West Africa, writes Kevin Godier

Ghana | Egypt | Nigeria | Uganda | Gabon
Free

The Department of Energy has released the draft Integrated Energy Planning (IEP) report for public consultation “as part of a process to formulate an integrated energy plan, which will outline a recommended energy roadmap for South Africa and guide investment decisions”. A period of public discussion will follow, as different stakeholder groups try to hammer out consensus on a sustainable long-term trajectory for the country (the IEP looks towards 2050). The IEP – with the expected new Integrated Resource Plan – will encompass Eskom’s plans for more coal-fired capacity, and also consolidate the so far successful effort to install major renewables capacity; it should also push forward the debate over new gas and nuclear infrastructure.

South Africa
Subscriber

Democratic Republic of Congo’s hydrocarbons prospects are so attractive that a few companies remain apparently unconcerned about the lack of regulatory structure for the industry or bloody Mai Mai and other insurgencies that might upset their operations. Canada-based Alberta Oilsands and Pan African Oil in January signed a production-sharing agreement to explore Block 5 (Kalembie) and Block 6 (Fatuma) on Lake Tanganyika. Pan African chief executive Gary Wine told African Energy the companies were “basically in a memorandum of understanding stage at the moment”.

DR Congo
Subscriber

The Department of Energy’s release on 22 November of the long-awaited draft Integrated Resource Plan (IRP) and Integrated Energy Plan opens the way for further debate about South Africa’s energy future. The plans give prominence to renewables and gas, and may further build confidence by pushing back timetables for a nuclear new-build, rather than committing huge and controversial spending in the coming two decades. The announcement comes at a tumultuous time for Eskom, which is leaderless following chief executive Brian Molefe’s departure, while tensions between the state utility, government, and private sector interests remain unresolved.

South Africa
Subscriber

Angola’s new president João Lourenço has sacked José Filomeno dos Santos as head of Angola’s sovereign wealth fund and set up a committee to manage the body. The sacking of José Filomeno, known as Zenú, the son of former president José Eduardo dos Santos, follows Lourenço’s removal on 15 November of Isabel dos Santos as head of the all-powerful national oil company Sonangol. Isabel’s sacking startled commentators who had thought Lourenço would keep everything much as president dos Santos had left it.

Angola