In 2016, world gas reserves were increased by 0.9 per cent, driven by the US, Nigeria and Iraq, and world gas production was increased by 0.7 per cent, driven mainly by new Australian LNG plants, according to Eni’s second volume of the world oil and gas review
Downstream
Investment in infrastructure needed to support African oil and gas development
Infrastructure investment of US$150bn over the next eight years is required for Africa to meet energy demands, according to Steve Lowden, chairman, NewAge
Isabel dos Santos vows to modernise Sonangol with the support of President Laurenco
Isabel dos Santos, chairwoman of Sonangol, Angola’s national oil company since June 2016, says her plans for modernisation are part of wider reforms for the Angolan economy
Airswift opens Mauritania’s first global energy workforce solutions office
Hubs in Nouakchott and Kampala bring Airswift’s total number of African offices to eight
Why fuel prices in South Africa continue to rise
A 12 per cent increase in global oil prices since the start of September has been cited by the South African Department of Energy as a factor in the countrys latest round of fuel price rises