US investors are moving to boost electricity generation in Africa, where a lack of reliable power continues to stall economic growth, as well as invest in oil and gas
Gas
Shell’s Cove bid could start East African gas race
Royal Dutch Shell’s US$1.6bn bid for Cove Energy could spark a contest to develop natural-gas fields off Mozambique’s Indian Ocean coast
Anadarko and Cove find more gas offshore Mozambique
Cove Energy and operator Anadarko Petroleum Corporation have discovered a large column of natural gas offshore Mozambique
Statoil and Exxon find natural gas in Tanzanian reservoir
Statoil and its partner ExxonMobil have confirmed that the Zafarai-1 well in Block 2 offshore Tanzania has encountered indications of natural gas
Repsol approved to develop Algeria gas fields
Repsol and partners Sonatrach, RWE Dea and Edison have been granted authorisation to develop the North Reggane project