Oil & Gas

The European Union faces a potential shortfall of almost 30 billion cubic metres of natural gas in 2023 – but this gap can be closed and the risk of shortages avoided through stronger efforts to improve energy efficiency, deploy renewables, install heat pumps, promote energy savings and increase gas supplies, the IEA says in a

While African Energy Week (AEW) (www.AECweek.com) organizers, the African Energy Chamber (AEC), have made continuous efforts to engage with Africa Oil Week (AOW), these efforts have been in vain, with AOW expressing complete disinterest in collaborating towards a singular, pan-African event. As such, talks with AOW are officially over and AEW will press on with

The African Energy Chamber (AEC) supports the acquisition by Africa-focused British independent energy company Savannah Energy of oil and gas supermajor ExxonMobil’s entire upstream and midstream asset portfolio in Chad and Cameroon. The sale was closed on 9 December to the tune of $407 million. The announcement comes after Savannah Energy and ExxonMobil’s signing of

Further to its principles of conduct defined for its activities in relation to Russia, published on March 22, 2022, TotalEnergies has gradually started to withdraw from its Russian assets while ensuring that it continues to supply gas to Europe. TotalEnergies holds a 19.4% stake in the company Novatek, a stake that it cannot sell given

By NJ Ayuk When African Union Chairman Macky Sall addressed the United Nations General Assembly last September, he wasn’t shy about speaking up for his continent. The gist of his message? There is absolutely no excuse for failing to ensure consistent African representation in the world’s key decision-making bodies. “It is time to overcome the