The president of the African Development Bank Group, Akinwumi Adesina, has reiterated his warning that the introduction of a carbon border tax by the European Union could push Africa back into exporting raw commodities and undermine its industrialisation gains
Exploration
Tanzania Energy Minister approves Petrodel-Octant partnership in Tanga block
Tanzania’s Minister of Energy, Doto Biteko, has approved the transfer of Petrodel Resources Ltds 74% interest in the Tanga block from Afren Tanzania Ltd to Octant Energy Tanzania Ltd in accordance with Section 86(2) of the Petroleum Act 2015
Financing Africa’s energy future
The energy transition has the potential to boost employment in the renewable energy sector substantially in Africa, up from around 0.35 mn in 2020 to more than 4 mn by 2030 and more than 8 mn by 2050
Technology transforming drilling operations
In a climate of volatile prices and heightened geopolitical risk, oil and gas companies are asking more from drilling contractors as part of efforts to trim costs and boost overall productivity
TotalEnergies sign agreement with Sonangol to check methane detection with AUSEA technology
On the occasion of the Eliminating Methane Emissions by 2030 roundtable partnered by the COP28 Presidency, TotalEnergies has announced the signing of three cooperation agreements with National Oil & Gas Companies (Petrobras in Brazil, SOCAR in Azerbaijan and Sonangol in Angola) to carry out methane detection and measurement campaigns using the AUSEA technology on oil and gas facilities in Brazil, Azerbaijan, and Angola