Exploration

US provides financing to Tetra4 to develop South Africa’s energy infrastructure

US Africa energyAdam Boehler, CEO of the US International Development Finance Corporation (DFC), has announced the first disbursement of a US$40mn loan to Tetra4 Proprietary Ltd to support the development of critical gas infrastructure and advance energy security in South Africa

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Nigeria raises deepwater royalties

tanker 1242111 640Nigeria’s National Assembly has voted through the first-ever change to royalty within the country’s Deep Offshore and Inland Basin Production Sharing Contract (PSC) Act

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Africa’s oil and gas industry poised for further growth: PwC report

Andries Rossouw new 10Africa’s oil and gas industry holds the potential for further growth mainly driven by an increase in investor appetite and a rebound in prices, according to PricewaterhouseCoopers’ (PwC) annual Africa oil and gas review 2019

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Africa Oil to acquire Petrobras assets in Nigeria

23363841429 61285de877 cCanada-based Africa Oil Corp has agreed to acquire a 50 per cent stake in Petrobras Oil and Gas, which owns a stake in producing assets in deepwater Nigeria

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IEA: Global energy efficiency progress drops to slowest rate

iea oagEnergy efficiency has tremendous potential to boost economic growth and avoid greenhouse gas emissions, but the global rate of progress is slowing – a trend that has major implications for consumers, businesses and the environment, according to the International Energy Agency (IEA)

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