Energy industry leaders say the energy transition is accelerating faster than ever, and that 2022 is set to be a strong year for industry growth, as set out in a new global report from DNV analysing the views of more than 1,000 senior energy professionals
Exploration
Africa Oil announces major light oil discovery offshore Namibia
TotalEnergies has made a significant discovery of light oil with associated gas on the Venus prospect, located in block 2913B in the Orange Basin, offshore southern Namibia
Methane emissions from energy sector are 70% higher than official figures
Global methane emissions from the energy sector are about 70% greater than the amount national governments have officially reported, according to IEA analysis
Angola gearing up oil production
In the latest issue of Oil Review Africa magazine, economist Moin Siddiqi analysed Angola’s production portfolio, highlighting that the country is banking heavily on output revival by supermajors (BP, Eni, Total Energies and ExxonMobil) – all of which have oil projects planned
Niger embarks on projects and policy reforms to attract oil and gas investments
The International Energy Agency (IEA) has predicted that the global demand for oil and gas to increase and oil demand alone to expand by 3.3 mmbbl per day in 2022 and return to pre-COVID levels of 99.7 mmbbl per day