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Category: Africa

Category:
  • Africa
  • Climate
  • USA

U.S. climate envoy Kerry cautions against long-term gas projects in Africa

U.S. climate envoy John Kerry cautioned against investing in long-term gas projects in Africa as countries in the region, some hoping to tap recent oil and gas discoveries, wrestle with Continue Reading

Posted On : 17 Sep 2022 Published By : Tom Whipple
Category:
  • Africa
  • Climate
  • USA

U.S. Climate Chief Calls On Africa To Slash Emissions

Africa, which is home to many of the most climate-vulnerable countries, needs to make its fair share of efforts to reduce global emissions and curb temperature rise, the U.S. Special Continue Reading

Posted On : 17 Sep 2022 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria: The Economist – Nigeria Missing Out On Rare Global Oil Boom Opportunity

Nigeria has continued to waste the rare opportunity presented by the global rise in oil prices to grow its economy like other oil-producing countries, London-based The Economist has stated. While Continue Reading

Posted On : 14 Sep 2022 Published By : Tom Whipple
Category:
  • South Africa

South Africa Suffers 100th Day of Power Blackouts This Year

South Africa’s state-owned power utility has implemented power cuts on 100 days in 2022, with more to come. Eskom Holdings SOC Ltd. ramped up outages to so-called stage-4 load shedding, Continue Reading

Posted On : 14 Sep 2022 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria Loses Africa’s Top Oil Producer Spot to Angola

Oil rigs Abuja, Nigeria — Nigeria has lost its position as Africa’s top oil producer to Angola, industry insiders say, and could soon become third after Libya. Oil analysts say Continue Reading

Posted On : 13 Sep 2022 Published By : Tom Whipple
Category:
  • South Africa

South Africa could take a year or more to end power cuts, Eskom official says

South African government plans to end recurring power cuts could take at least a year to deliver results, a top executive at struggling utility Eskom said on Monday. Africa’s most Continue Reading

Posted On : 13 Sep 2022 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria’s Oil Industry Headwinds Worsen, Production Drops to Record Low, 972,394

Nigeria’s oil sector challenges appear to be worsening, with production hitting a record low of 972,394 barrels per day in August, according to data obtained from the Nigerian Upstream Petroleum Continue Reading

Posted On : 12 Sep 2022 Published By : Tom Whipple
Category:
  • South Africa

In a Power Crisis, South Africans Adjust to Life in the Dark

Blackouts, long a problem in South Africa, reached a new level of crisis in recent months, affecting every facet of life. South Africans call it “loadshedding.” The state-owned power supplier, Continue Reading

Posted On : 10 Sep 2022 Published By : Tom Whipple
Category:
  • Nigeria

Nigeria: How Broke Nigeria Lost U.S.$10 Billion to Crude Oil Theft in Seven Months

Oil theft Between January and July, Nigeria, Africa’s biggest oil producer, lost an average of 437,000 barrels of oil a day to criminals. Last week, the Group Managing Director of Continue Reading

Posted On : 9 Sep 2022 Published By : Tom Whipple
Category:
  • Algeria

Eni buys BP’s business in Algeria to secure more African gas

 Italian energy group Eni (ENI.MI) said on Wednesday it had agreed to acquire BP’s (BP.L) business in Algeria, including two major gas fields. Eni said it would take BP’s stakes Continue Reading

Posted On : 7 Sep 2022 Published By : Tom Whipple

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