AfriCatalyst, a Dakar-based global development advisory group, has urged African leaders to develop a framework for issuing African Methane Abatement Bonds (AMAB)
Industry
Uganda Minister announces major oil and gas developments
Final negotiations for the financing and construction of Uganda’s US$4bn domestic refinery began this month after Alpha MBM Investments from the United Arab Emirates was chosen by the government of Uganda as preferred bidder
APPO, African Energy Chamber sign MoU to drive local content
The African Energy Chamber signed a memorandum of understanding (MoU) with the African Petroleum Producers Organisation (APPO) in Brazzaville
What's in store for the oil market in 2024?
This year may see a broadly balanced oil market, reflecting slackening demand in advanced economies (impacted by monetary tightening), OPEC+ alliance cuts, plus a slowdown in non-OPEC supply, says economist Moin Siddiqi
Enterprise-wide predictive maintenance strategies will prove profitable in long-run: GlobalData
Maintenance strategies in the oil and gas industry have gradually transformed from their early days in the 19th century