Search results

General

Type

Sector

Regions

Sort options

1,320 results found for your search

Subscriber

Karmol, the joint venture between Turkey’s Karpower and Japan’s Mitsui OSK Lines has secured finance of up to $71m for a floating storage and regasification unit (FSRU) that will supply Karpower’s floating power plant in Senegal.

Senegal
Subscriber

The floating production, storage and offloading vessel (FPSO) for the $4.8bn Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) development has set sail from Qidong, project partners BP and Kosmos Energy have announced.

Mauritania | Senegal
Subscriber

Mired in the global cost of living crisis, and with a system of state support that is still only partially reformed, subsidies for liquid petroleum gas (LPG) continue to cost Morocco dearly. African Energy examines the pressures facing the Moroccan government following “a confluence of negative shocks” in 2022.

Morocco
Subscriber

In the teeth of a severe and worsening currency crisis, Cairo has doubled down on its approach to hydrocarbons sector development, launching a new upstream bidding round, signing a number of bilateral exploration agreements and announcing two significant gas finds. Its regional energy hub plan has also received a boost, writes John Hamilton.

Egypt
Subscriber

While most of Sonatrach’s investment under its $40bn five-year plan is due to go into exploration and production, the national oil company has also planned downstream investments of around $7bn in the period to 2027.

Algeria
Subscriber

Buoyed by Eni’s success at bringing new upstream projects on stream at pace and the changed outlook for investment and exports as the war in Ukraine approaches its first anniversary, Sonatrach is aiming for a rise in activity to boost output in North Africa’s gas giant, write James Gavin and Jon Marks

Algeria
Subscriber

The UK Court of Appeal found against the campaigning group Friends of the Earth in a mid-January ruling on UK government support for the project. However, there are still many obstacles for those seeking to raise finance from western sources for Sub-Saharan hydrocarbons projects.

Mozambique
Subscriber

The target of finalising a host government agreement for the $30bn Lindi liquified natural gas (LNG) project by December was missed, due to the complexity of the negotiations.

Tanzania
Subscriber

AIM-listed Savannah Energy has taken over ExxonMobil’s stakes in the Doba oil project and Chad-Cameroon pipeline, but its plans to expand further in Chad have been undermined by the opposition of Mahamat Idriss Déby Itno’s transitional government to its acquisition of Malaysian national oil company Petronas’s 35% stakes in the projects. Authorities in N’Djamena blamed regional anti-trust laws, but the developments may also reflect volatile Sahel polities, writes Marc Howard.

Cameroon | Chad
Subscriber

Five more memoranda of understanding (MoUs) were signed in Rabat on 5 December, bringing more partners into the Nigeria-Morocco Gas Pipeline (NMGP) project.

Gambia | Ghana | Sierra Leone | Nigeria | Guinea | Guinea-Bissau | Morocco
Subscriber

Société Nationale des Pétroles du Congo is looking to arrest the decline in its maturing crude oil acreage, which threatens Republic of Congo’s main source of income, but the national oil company’s biggest priority is to build up its natural gas resources, managing director Maixent Raoul Ominga told James Gavin.

Congo Brazzaville
Subscriber

The African Export-Import Bank (Afreximbank)’s early October decision to commit $200m to the East African Crude Oil Pipeline (Eacop) provided a valuable slug of support to a project that has become increasingly toxic to western banks and insurers.

Uganda | Tanzania
Subscriber

The question of how and whether financial institutions should support major energy projects that have fossil fuel components is prompting regulators and insurers to weigh up potential new rules, including re-examining the definition of terms like “ESG” (environmental, social and governance). 

Subscriber

Copper miners have called on the government to delay a planned reintroduction of import duties on fuel, saying it would increase costs at a time when the industry is already grappling with disruptions in the global supply chain caused by the Ukraine war and the Covid-19 pandemic.

Zambia
Subscriber

A 30-year concession has been signed for rail services and logistical support for the 1,290km Lobito corridor, which connects Lobito port to Luau in Angola’s east, close to the DR Congo border. The corridor offers the shortest route for mined copper and cobalt from DRC and Zambia to reach a deep-water port. It also offers increased capacity for the transit of liquids and gases.

DR Congo | Angola