Africa Must Invest in Gas to Close Energy Gap By Dr. Philip Mshelbila It is a great pleasure to attend African Energy Week for the first time as Secretary General of the Gas Exporting Countries Forum (GECF). I sincerely thank our host, the African Energy Chamber, for the invitation and warm hospitality. The theme of
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NCDMB, Heritage Energy Train 48 Nigerians in Subsea Engineering The Nigerian Content Development and Monitoring Board (NCDMB), in partnership with Heritage Energy Operational Services Limited (HEOSL) and Global Oceon Engineers Nigeria Limited, has launched a programme to train 48 Nigerians in subsea engineering. The initiative was inaugurated on Friday, October 16, 2026, in Port
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Africa’s Oil Demand to Nearly Double by 2050 on Population Growth — OPEC From now to 2050, global primary energy demand is projected to rise from 312 million barrels of oil equivalent per day (mboe/d) to nearly 383 mboe/d, representing an increase of about 23 per cent, with virtually all the growth coming from
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Petrosen Targets Yakaar-Teranga FID by 2027, Seeks Partners Senegal’s national oil company, Petrosen, is targeting a final investment decision (FID) on the Yakaar-Teranga gas project by the end of 2027 as it seeks partners to advance development of the offshore field. The project is central to Senegal’s plans to expand domestic gas supply, reduce
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Ethiopia joins PAPSS as Nigeria deepens push for local-currency African trade Nigeria’s push to expand local-currency payments for intra-African trade has received fresh momentum as Ethiopia joins the Pan-African Payment and Settlement System (PAPSS), creating another potential payment corridor for Nigerian businesses trading across the continent. The development, announced Thursday in Addis Ababa, brings
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Cooking gas hits ₦1,600/kg as NALPGAM warns against unsafe practices By Eyo Nsima The average price of Liquefied Petroleum Gas (LPG), also known as cooking gas, rose by seven per cent to ₦1,600 per kilogramme in September 2026 from ₦1,500 in August, prompting marketers to demand urgent government intervention to stabilise supply and improve affordability.
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Uganda Targets First Oil by June 2027, Refinery by 2030 Uganda is targeting its first commercial oil production by June 2027 and plans to complete its domestic refinery by 2030, as the country advances infrastructure to export crude and strengthen local fuel supply. Kristina Kasebayo, Head of Compliance at the Uganda National Oil Company
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Angola Unlocks $10bn Investment in Mature Oilfields, Adds 1bn Barrels to Reserves Angola has attracted more than $10 billion in investment in mature oilfields through regulatory reforms and improved engagement with investors, adding about one billion barrels to its reserves and supporting production over the next five years. Alcides Andrade, Executive Board Member of
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Senegal Opens 104 Oil, Gas Blocks to Investors, Seeks New Deals Senegal has opened 104 oil and gas blocks to investors and is seeking new exploration and production agreements to accelerate development of its petroleum resources. El Hadji Abdourahmane Diouf, Minister of Energy and Petroleum, disclosed this at African Energy Week (AEW) 2026 in
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OPEC unveils first environment, climate and sustainable development report . Says energy realities must underpin global sustainability efforts . Al Ghais: Countries should determine their own energy pathways The Organisation of the Petroleum Exporting Countries (OPEC) has launched its first Annual Report on Environment, Climate and Sustainable Development, calling for greater international cooperation in addressing
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