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HomeEnergy, Oil and Gas

Energy, Oil and Gas

Energy, Oil and Gas

Harnessing the Desert Sun: Libya’s Vision for a Cleaner Future

December 4, 2023 African CEO Magazine Comments Off on Harnessing the Desert Sun: Libya’s Vision for a Cleaner Future

With 88% of its expansive terrain characterized by desert, Libya has significant potential to shift toward renewable energy. Wind data analysis shows average speeds of Read More

Energy, Oil and Gas

Nile SLC, Zenith Energy Sign Midstream MoU in South Sudan

December 4, 2023 African CEO Magazine Comments Off on Nile SLC, Zenith Energy Sign Midstream MoU in South Sudan

Nile Services and Logistics Company (Nile SLC), a subsidiary of South Sudan’s national oil company Nile Petroleum Corporation, and international energy production and development company Read More

Energy, Oil and Gas

Africa must stop selling land on “depreciated” carbon credit market, says report 

December 4, 2023 African CEO Magazine Comments Off on Africa must stop selling land on “depreciated” carbon credit market, says report 

“Tarnished and depreciated carbon markets” are failing to provide fair value given Africa’s enormous natural resources and must be reformed, says the Africa Finance Corporation Read More

Energy, Oil and Gas

Reprieve As Climate Loss And Damage Fund Launched On First Day Of COP28

December 2, 2023 African CEO Magazine Comments Off on Reprieve As Climate Loss And Damage Fund Launched On First Day Of COP28

By Correspondent Nearly all the world’s nations on Thursday finalized the creation of a fund to help compensate countries struggling to cope with loss and Read More

Energy, Oil and Gas

AFC Grants $60M Loan for Etu Energias Acquisition Offshore Angola

November 30, 2023 African CEO Magazine Comments Off on AFC Grants $60M Loan for Etu Energias Acquisition Offshore Angola

The Africa Finance Corporation (AFC) has made a strategic investment of $60 million in Etu Energias â€“  the largest private oil company in Angola – as part Read More

Energy, Oil and Gas

Oil Senegal Support Services Inks Strategic Partnership with Afreximbank

November 30, 2023 African CEO Magazine Comments Off on Oil Senegal Support Services Inks Strategic Partnership with Afreximbank

Senegalese maritime services company Oil Senegal Support Services (O3S) has signed a strategic partnership agreement with pan-African multinational financial institution the African Export-Import Bank (Afreximbank). Read More

Energy, Oil and Gas

Angola Declines OPEC 2024 Production Quota

November 30, 2023 African CEO Magazine Comments Off on Angola Declines OPEC 2024 Production Quota

Angola, a prominent African oil producer and a key member of the Organization of the Petroleum Exporting Countries (OPEC), has officially rejected the proposed production Read More

Energy, Oil and Gas

Nigeria struggles to reach oil target

November 29, 2023 African CEO Magazine Comments Off on Nigeria struggles to reach oil target

Nigeria is unlikely to fulfill its own targeted 1.58 million barrels per day production level in 2024, according to projections by two consultancies tasked by Read More

Energy, Oil and Gas

Nigeria struggles to reach oil target

November 29, 2023 African CEO Magazine Comments Off on Nigeria struggles to reach oil target

Nigeria is unlikely to fulfill its own targeted 1.58 million barrels per day production level in 2024, according to projections by two consultancies tasked by Read More

Energy, Oil and Gas

South African Corporate Social Investment Grows to R11.8b in 2023

November 29, 2023 African CEO Magazine Comments Off on South African Corporate Social Investment Grows to R11.8b in 2023

South African companies spent an estimated R11.8 billion on corporate social investment(CSI) in the 2023 financial year, according to corporate responsibility consultancy Trialogue’s latest research Read More

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