Analysts at S&P Global Commodity Insights released their latest 2024 energy outlook
Exploration
Chariot and Energean sign agreement on Lixus and Rissana licenses offshore Morocco
Chariot Limited, the Africa focused transitional energy group, has announced that it has signed partnership agreements with Energean plc group on the Lixus Offshore licence, where the Anchois gas development project is located, and on the Rissana Offshore licence in Morocco
Invictus Energy records further progress in its Cabora Bassa Basin exploration campaign
Australia-based Invictus Energy, which is conducting a high-impact exploration programme in the Cabora Bassa Basin in northern Zimbabwe, one of the last untested large frontier rift basins in onshore Africa, has reported promising results from its Mukuyu-2 sidetrack well in the Lower Angwa formation
EU's new carbon border tax major blow for Africa, warns AfDB president
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
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