Chinese buyers are snapping up deeply discounted Russian LNG after Novatek cut prices by up to 40%, ending months of unsold cargoes from the heavily sanctioned Arctic LNG 2 project. The move highlights how Western sanctions are struggling to contain Moscow’s energy revenues as Beijing steps in with state-backed support. Meanwhile, Washington faces a dilemma over enforcing its own measures without jeopardising U.S. China energy ambitions.
Shares in Oman’s OQ Exploration and Production (OQEP) rebounded on Tuesday following a sharp slump during their debut on the Muscat Stock Exchange a day earlier.
Qatari investment firm Al Mansour Holding has signed a $20 billion partnership agreement with Mozambique to support sectors the government is prioritising including energy and agriculture, President Daniel Chapo’s office said.
Al Mansour Holdings (AMH), owned by a member of the Qatari royal family, will take a 19.9 percent stake in Australia-listed Invictus Energy and will provide financial support for the latter’s natural gas project in Zimbabwe.
Australian gas producer Santos on Monday agreed to further extend the exclusivity period for an $18.7 billion takeover bid from a group led by Abu Dhabi National Oil Co (Adnoc).
Billion-dollar gas deals, stalled takeovers, and new growth ambitions are reshaping the energy map this week.
While more than one billion people have recently gained access to clean cooking, mainly through LPG, close to two billion still rely on polluting fuels.
The global cable glands market is poised to reach $4.5 billion by 2032, up from $2.4 billion in 2022, growing at a robust CAGR of 6.8% from 2023 to 2032, according to Allied Market Research. This growth is driven by the rising demand across the oil & gas, construction, and IT sectors.
Kenya is rapidly expanding its clean energy sector, with nearly 90% of its electricity coming from renewable sources and solar adoption leading in East Africa. The government is also pushing for universal access to clean cooking by 2028, tackling both health and environmental challenges.
Algeria is reportedly edging closer to striking deals with two American energy companies to develop its gas reserves, including shale.
OPEC's new partnership with African Energy Week 2025 positions Africa as a strategic player in global energy.
Few eco-warriors have thrown themselves more enthusiastically into the energy transition than Gavin Newsom, the governor of California.
Senator Cruz will address African Energy Week 2025, focusing on strengthening U.S. engagement in Africa's energy sector.
BP has appointed the first female president for its century-old operations in Oman, the only woman to hold such a position in the energy sector in a country struggling to bridge the gender gap in senior roles.
Iraq is reviving its landmark oil-for-projects agreement with China, initially signed in 2019, after a three-year suspension reportedly due to U.S. pressure.
Kuwait’s oil minister said he was optimistic about the oil market’s fundamentals and that Opec+ efforts aim for market balance, the state news agency (Kuna) reported on Tuesday.
Egypt is reportedly planning to increase liquefied natural gas (LNG) imports by the end of the decade as local output lags rising demand.
The European Union’s apparent surrender in the face of President Trump’s tariff bluster has angered business leaders and some politicians across the EU, but should energy policymakers in the Arabian Gulf also be worried?
The European Commission has initiated an in-depth investigation into Emirati oil giant Abu Dhabi National Oil Company’s €14.7 billion ($16.4 billion) takeover of German chemicals maker Covestro, citing possible market distortions caused by foreign financial support.
Cloudera and Aramco have signed a Memorandum of Understanding to leverage AI-powered solutions for the digital oil and gas sector in Saudi Arabia, focusing on local talent upskilling and data-driven growth.
Tanzania showcased its rural electrification success at a key SADC energy and water meeting, positioning itself as a regional model. The discussions aimed to deepen cooperation, improve service delivery, and enhance energy security across Southern Africa.
Kenya and Uganda are using Lake Victoria to transport petroleum products more efficiently, supporting regional energy security and trade. This partnership has strengthened cross-border fuel supply, reduced transport costs, and promoted East African integration.
Uganda’s Energy Convention 2025 highlighted the urgent need to integrate oil, gas, and renewable energy to drive sustainable growth. Key discussions focused on boosting local content, accelerating the energy transition, and addressing environmental compliance and regional trade barriers.
Tanzania and Morocco have agreed to strengthen their cooperation in energy technology to boost sustainable development in the sector. During a high-level meeting on May 14, 2025, both countries emphasized investment in renewable energy and the exchange of technical expertise to support industrial and economic growth.
Tanzania will officially launch its fifth oil and gas licensing round on May 13, 2025, at the Africa Energies Summit in London, offering 26 exploration blocks to global investors. The move aims to revitalize Tanzania’s energy sector and attract foreign capital to tap into its vast natural gas reserves.
Ghana will host Africa Oil Week (AOW) 2025 from September 15-18, bringing together industry leaders to drive investment and shape the future of Africa’s upstream oil and gas sector. The event will feature high-level discussions, policy announcements, and exploration opportunities, positioning Ghana as a competitive destination for global energy investment.
Masdar, TotalEnergies, and EPointZero have signed an agreement to expand clean energy access in Africa and Asia, focusing on renewable projects like solar, wind, and energy storage. This collaboration aims to accelerate decarbonization, provide reliable electricity to local communities, and support long-term energy transformation in emerging markets.
India Energy Week 2025, set for February 11-14 in Delhi, will bring together energy ministers from over 20 countries, top executives from Fortune 500 companies, and global industry leaders to discuss key energy challenges and innovations. Hosted at Yashobhoomi, the event will feature country pavilions, thematic zones on renewables and hydrogen, and high-level discussions shaping the future of global energy.
Africa Oil Corp. announced the repurchase of 517,300 common shares between January 13 and January 17, 2025, as part of its ongoing share buyback program, bringing the total repurchased shares to 3,609,300 since December 2024. The program, which allows for up to 18,362,364 shares to be repurchased by December 2025, is aimed at optimizing the company’s capital structure and enhancing shareholder value.
Tanzania is advancing its energy sector through transformative projects like the Julius Nyerere Hydropower Project and regional grid integration, while hosting the African Heads of State Energy Summit to drive continent-wide electricity access. President Samia Suluhu Hassan’s leadership emphasizes sustainable development and international collaboration to tackle Africa’s energy challenges.
Tanzania is co-organizing the Mission 300 Africa Energy Summit on January 27-28, aimed at accelerating energy access for 300 million Africans by 2030, with over 1,500 delegates expected to participate. The summit will focus on initiatives like the Africa Energy Compact and highlight Tanzania's energy advancements, including the Julius Nyerere Hydroelectric Power Project and investments in alternative energy sources.
Orca Energy Group has completed its well intervention operations on the SS-7 well, which resulted in limited and Un sustained gas flows, leading to the cessation of operations and an increased project cost of $27 million. The company continues to face ongoing disputes overcompensation for gas supplied to Tanzania after the cessation of Protected Gas production on July 31, 2024.
The African Energy Chamber’s Executive Chairman, NJ Ayuk, will lead a Just Energy Transition Masterclass at the Suriname Awareness Symposium (SAS) in January 2025, focusing on strategies for balancing energy poverty reduction with greenhouse gas emission goals. SAS 2025 will bring together key stakeholders to discuss Suriname's growing energy sector, emphasizing investment, local content, and sustainable development to boost economic growth and empower local communities.
The Africa Energy Bank (AEB) is set to begin operations on January 28, 2025, with Nigeria hosting its headquarters. The bank aims to address financing gaps in Africa's oil and gas sector, having already secured 45 percent of its startup capital.
The Namibia International Energy Conference (NIEC) will take place from April 23-25, 2025, in Windhoek, focusing on Namibia's development as a regional energy hub. The event will gather over 900 delegates to discuss offshore discoveries, renewable energy, and partnerships to ensure local communities benefit from the country’s resources.
The Tanzanian government is actively engaging investors in the development of renewable energy sources, including geothermal, solar, and wind, to diversify the country's energy mix and promote sustainability. Recent updates highlight ongoing projects that aim to harness geothermal resources, with significant potential for electricity generation across several regions.
BRICS is expanding to include six new members—Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE—to strengthen its geopolitical influence and enhance energy cooperation. This could reshape global energy trade by uniting major oil producers and enabling alternative trading mechanisms outside the dollar system.
Tanzania and Singapore are enhancing their partnership in the energy sector to share expertise and improve electricity generation capabilities. During a recent meeting, officials discussed strategies to boost trade and collaboration, aiming to meet Tanzania's ambitious energy goals by 2030.
The inaugural Tanzania Energy Investment Summit will be held on November 12-13, 2024, in Dar es Salaam, bringing together stakeholders to explore investment opportunities in the country's energy sector. Co-organized by HBZ International and TAOMAC, the summit emphasizes Tanzania's role as a regional energy hub and focuses on clean energy solutions and sustainable development.
The Ministry of Energy, in collaboration with UNDP, organized a workshop to equip experts from various government institutions with the tools needed for effective energy management and auditing in Tanzania. The initiative aims to improve energy efficiency and ensure reliable, affordable energy access for all Tanzanians.
The article discusses a meeting led by the Permanent Secretary of Energy, Hon. Felchesmi Mramba, where he emphasized the importance of professionalism and efficiency among ministry staff to enhance service delivery in the energy sector. Additionally, he encouraged physical health and announced the ongoing construction of a new office building for the ministry.
Deputy Minister for Industry and Trade, Mr. Exaud Kigahe, invited global companies to invest in Tanzania's transforming energy sector during the 8th Power and Energy Africa International Trade Exhibition in Dar es Salaam, highlighting significant infrastructure projects and supportive government policies. The event showcased exhibitors from 22 countries, with participants expressing enthusiasm for Tanzania's stable business climate and growth potential in renewable energy.
The UAE is partnering with Siemens Energy to advance its green energy sector and achieve carbon neutrality by 2050 through a new memorandum of understanding. This collaboration aims to enhance grid infrastructure, promote sustainable development, and support the energy transition in the UAE.
The International Energy Agency (IEA) anticipates that global investment in renewable energy, spanning electric vehicles, nuclear power, grids, storage, low-emission fuels, efficiency upgrades, and heat pumps, will reach $2 trillion this year. This figure represents a doubling of investment compared to fossil fuels, marking the second consecutive year where renewable energy and grid investments outpace those directed toward fossil fuels.
Egypt's energy sector received the majority of the concessional financing recently announced by the European Union to Cairo, totaling €5 billion ($5.4 billion).
For some time now, we’ve seen the race to develop non-fossil energy technology heat up, most emphatically in the nuclear arena.
After having invested US$300 million from the World Bank in the extension of the port of Nampula, the State of Mozambique is in the midst of negotiations with Japan, which should soon install a factory for the local manufacture of batteries for electric vehicles. The project will make it possible to exploit the mineral resources of the province of Cabo Delgado, which are almost essential for the development of green mobility
South Africa’s cabinet approved a bill on electricity regulation
Namibia and South Africa are eager to increase cooperation in various areas, including the energy sector
Green Energy Park to provide solar solutions for electric mobility
THE Tanzania Atomic Energy Commission (TAEC) has shifted its base to the country’s capital, Dodoma.
It is expected to start developing green hydrogen production capacity at plants in the coastal cities of Lamu and Mombasa.
Kenya aims to have its first nuclear power plant up and running by the year 2038 to cater for growing power demand in the country.
The UK is to implement three major development projects in Kenya
Minister of Energy: OPEC+ has the means to deal with market challenges including cutting production at any time and in different forms.
The British government says it will introduce a new round of economic, trade, and transport sanctions on Belarus
The company is the leading supplier of oil based on quality, safety, health and direct time.
Russia has been accused of ‘weaponizing’ food and holding grain for millions of people
The European Union (EU) is set to mobilise €1.6 bn to finance the energy transition projects in Morocco.
Major Energy Company of Russia keen to invest in Ethiopia, Ministry of Foreign Affairs said.
The government through the Tanzania Petroleum Development Corporation (TPDC) has signed a contract with Baker Botts LLP
The Zambian government said on Monday that reducing subsidies on fuel and electricity
East Africa electricity sector is Africa’s best regulated across a number of key metrics for the fourth consecutive year.
Kenya ranks second in Africa for having a progressive electricity regulatory regime
The African Energy Chamber (AEC) (EnergyChamber.org) has officially launched its highly anticipated 2022 outlook for the African energy sector
The UN climate summit, COP26, opened its doors this Sunday in Glasgow, Scotland. Many are calling it the summit of the last chance. The goal is to keep global warming below 1.5 degrees.
Congo is the third-largest oil producer in sub-Saharan Africa after Nigeria and Angola, with an estimated production of 336,000 barrels of crude oil per day.