C.Africa
2021, March, 1, 10:50:00
GLOBAL GAS DEMAND WILL UP 50%
Natural gas will overtake coal in 2025 and become the largest global primary energy source by 2047, with oil plateauing around 2040 and then beginning its irreversible decline
2021, February, 15, 13:25:00
AFRICA'S NUCLEAR DECISION
The decision to adopt nuclear power in South Africa was made as a result of sound strategic planning. It has turned out to have been a very good decision.
2021, January, 25, 14:15:00
ANGOLA'S OIL PRODUCTION DOWN TO 1.3 MBD
Angola's oil production declined by 15% to 1.3 mb/d in 2020
2021, January, 12, 11:20:00
SENEGAL GAS PROGRAM $4.3 BLN
The delay from a planned 2022 start has denied Senegal much-needed oil and gas revenues as its economy seeks to recover from the impact of the pandemic, which pushed down its 2020 economic growth target to 0.7%.
2020, December, 2, 14:30:00
INDIA'S RENEWABLE PLAN $20 BLN
India's renewables energy plan will require an annual investment of $20 BLN.
2020, November, 23, 11:55:00
KENYAN RENEWABLES WILL UP
With renewable energy making up a staggering 70% of Kenya’s energy mix in 2018 (Onyango, 2018) and as high as 87% as of January 2020, (Zarembka, 2020) one would be curious to see what steps Kenya took to shape its renewable energy landscape and attract private sector investment.
2020, June, 11, 10:05:00
NIGERIA AGREES TO OPEC+
"Our oversupply was a little less than 100,000 b/d against the agreed numbers, and so that is not really that significant," Kyari said.
2020, May, 20, 11:05:00
THE NEW NIGERIA'S LNG
Nigeria LNG took a major step forward by signing the EPC contract for its Train 7
2020, May, 14, 15:45:00
SHELL INVESTMENT TO NIGERIA'S LNG
Shell announced that all conditions for its Final Investment Decision (FID) on a new LNG processing unit at Nigeria LNG (NLNG) have now been met.
2020, April, 9, 11:35:00
SUB-SAHARAN AFRICA RECESSION 2020
Growth in Sub-Saharan Africa has been significantly impacted by the ongoing coronavirus outbreak and is forecast to fall sharply from 2.4% in 2019 to -2.1 to -5.1% in 2020, the first recession in the region over the past 25 years,
2020, March, 16, 10:20:00
AFRICA HOPES FOR GAS
Africa hopes to exploit its 509.6 Tft3 of proven natural gas reserves, which amount to nearly 7.3% of global total reserves of 6,951.8 Tft3.
2020, February, 19, 11:05:00
NIGERIA'S GDP GROWTH 2%
Nigeria's GDP growth forecast for 2020 was revised down to 2 percent to reflect the impact of lower international oil prices. Inflation is expected to pick up, while deteriorating terms of trade and capital outflows will weaken the country’s external position.
2020, January, 27, 14:30:00
NIGERIA'S GAS PIPELINE INVESTMENT $2.5 BLN
Nigeria has 202tn ft³ of proven gas reserves and an additional 600tn ft³ of unproven potential resources. Despite having the largest gas reserves in Africa, only c.25pc of these reserves are currently productive.
2020, January, 22, 12:30:00
NO COAL FOR AFRICA
The UK will no longer fund coal projects overseas, British Prime Minister Boris Johnson announced today during his opening address at the UK-Africa Investment Summit in London. Instead, the government will "turbo-charge" its support for low-carbon energy sources, he said, noting that the UK has cut its CO2 emissions by 42% from the 1990 level. The country is the host of the next round of UN climate talks - COP26 - in November.
2019, December, 30, 11:05:00
NIGERIA'S LNG WILL UP 35%
The project, expected to start up in 2024, will increase Nigeria's LNG output capacity by 35% from current levels of 22.5 million mt per year to over 30 million mt per year, NLNG said.