The International Energy Agency (IEA) has released their Coal 2021 report which indicates that economic recovery is driving global coal power generation to a record this year and overall coal demand to a potential all-time high as soon as 2022
Exploration
Eni signs agreement with Sonatrach in Algeria
Eni has signed an agreement with Sonatrach to relaunch production in the Berkine basin and to accelerate decarbonisation initiatives, a move that is set to strengthen Enis presence in Algeria
Chariot commences drilling operations on Anchois gas development project
AIM-listed Chariot, the Africa-focused transitional energy company, has announced that the Stena Don drilling rig has now arrived on location in the Lixus licence, offshore Morocco, to carry out drilling operations on the Anchois gas development project
QatarEnergy acquires interests in Egypt offshore blocks
QatarEnergy has entered into agreements with Shell to acquire working interests in two offshore exploration blocks in the Egyptian side of the Red Sea
Savannah Energy signs SPA with ExxonMobil and PETRONAS for Chad and Cameroon
Savannah Energy has signed a share purchase agreement (SPA) with ExxonMobil Corporation, ExxonMobil International Holdings and Esso Exploration Holdings and has separately signed an SPA with PETRONAS (E&P) Overseas Ventures for the purchase of each of their entire upstream and midstream asset portfolios in Chad and Cameroon