South African cabinet approved the Integrated Resource Plan (IRP 2019) that plotted the path for the nation’s generation technology mix to assuage the current energy crisis.
Oil and Gas
The visit of US Assistant Secretary for Fossil Energy, Steven Winberg, to this year’s Africa Oil Week event in Cape Town highlights the importance that the United States put in fostering relationships with the continent
The Board of Directors of the African Development Bank Group (www.AfDB.org) on Tuesday approved a $165 million loan to finance part of Angola’s three-year economic diversification support program intended to restore the country’s macroeconomic stability.
After a year of rebound and recovery, Africa’s old and new hydrocarbons markets have an opportunity to further entrench the continent’s position as the world’s hottest oil and gas frontier in 2019.
The first eleven months of 2018 saw Angola make more money from oil than in any of the previous four years, at the tune of USD$8.7 billion
Angola has developed a strategic plan to attract new players to its established oil and gas sector, promoting a licensing round at Angola Oil & Gas in June 2019 and opening up marginal fields based on new 2018 legislation.
The Government of Madagascar announces the opening of the Madagascar bidding round at Africa Oil Week
OMNIS, in partnership with Africa Oil Week (www.Africa-OilWeek.com), TGS and BGP, announce a licensing round in Madagascar, to be launched at Africa Oil Week, 5-9th November 2018.