Blog
AFRICA’S OIL AND GAS INVESTMENT TO HIT $43 BILLION IN 2025.
Africa’s oil and gas sector is set to attract $43 billion in investments in 2025, with projections reaching $54 billion by 2030, driven by major players in West and North Africa. While liquid hydrocarbons will continue to dominate, natural gas investments are steadily increasing, positioning Africa as a key player in the global energy market.
- 1 year, 5 months
THE MOST POWERFUL TIDAL TURBINES IN THE WORLD.
The world's most powerful tidal turbine project is nearing the start of its construction phase, thanks to financial backing from the European Union.
- 1 year, 5 months
ISRAEL AWARDS NATURAL GAS EXPLORATION LICENCES TO BP, SOCAR AND NEWMED.
Israel has awarded exploration licenses to BP, Socar, and NewMed Energy to explore natural gas in Israeli waters, aiming to boost domestic reserves and expand exports. This partnership supports Israel's goal to position itself as a regional energy hub, with a focus on supplying gas to Europe and neighboring countries.
- 1 year, 5 months
TANZANIA: NEXT ROUND OF OIL, GAS EXPLORATION BLOCKS LICENSING SET FOR MAY 2025.
Tanzania is set to launch a licensing round for oil and gas exploration blocks in May 2025, offering significant opportunities with 57 trillion cubic feet of natural gas reserves. This move aims to attract investment in oil, gas, and renewable energy while continuing efforts to develop its energy sector, including a $42 billion liquefied natural gas facility.
- 1 year, 5 months
TANZANIA EXPLAINS PURCHASE OF ELECTRICITY FROM ETHIOPIA THROUGH KENYA BORDER.
Tanzania is purchasing electricity from Ethiopia via Kenya to enhance its regional energy collaboration, with plans to both buy and sell electricity depending on demand. This arrangement complements Tanzania's growing energy infrastructure, including the nearly completed Julius Nyerere Hydroelectric Dam, which supports the country's electricity needs.
- 1 year, 5 months
WATER WOES IN OIL AND GAS REGULATIONS ACROSS STATE LINES.
Oil and gas regulations in Texas and New Mexico, particularly in the Permian Basin, are becoming increasingly complex due to differing state laws on water management. With changes set to take effect in 2025, companies must navigate these challenges to ensure compliance and sustainability across state lines.
- 1 year, 5 months
Africa Energy Insights (AEI) is an African platform with latest news, insights and investment report of Energy Sectors. We bridging the gap and mobilizes investment in Energy resources for Sustainable and reliable Energy supply.