APO Group - Africa Newsroom / Press Releases Related to Africa

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- Invest in African Energy (IAE) 2024: The Role of Clean Cooking Investments in Africa’s Growth Story
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Source: Energy Capital & Power | May 16, 2024

Invest in African Energy (IAE) 2024: The Role of Clean Cooking Investments in Africa’s Growth Story

An exclusive one-on-one conversation at IAE 2024 – organized by Energy Capital & Power - examined how financing solutions can support the scale-up of clean cooking solutions in sub-Saharan Africa

During an in-conversation discussion during this year’s Invest in African Energy (IAE) 2024 forum in Paris on May 15 Partner and Co-Investment Director at Spark+ Africa Fund Peter George and Senior Research Analyst at Energy Intelligence Amena Bakr explored how investments in innovative technologies for clean cooking on the African…

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- Bruno Jean-Richard Itoua, Minister of Hydrocarbons of the Republic of Congo (ROC)
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Source: Energy Capital & Power | May 16, 2024

Republic of Congo to Launch National Gas Company, Targets Local Gas Demand

Congolese Hydrocarbons Minister Bruno Jean-Richard Itoua shared plans to establish a national gas company by Q3 2024 at the Invest in African Energy forum, organized by Energy Capital & Power

Minister of Hydrocarbons of the Republic of Congo (ROC) Bruno Jean-Richard Itoua shed light on the country’s oil and gas development plans on Wednesday, as the Invest in African Energy forum in Paris came to a close. The Minister confirmed that the government is prioritizing the formation of a gas…

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- Invest in African Energy (IAE) 2024 Spotlights Africa’s Emerging Gas Markets in CLG-Sponsored Session
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Source: Energy Capital & Power | May 16, 2024

Invest in African Energy (IAE) 2024 Spotlights Africa’s Emerging Gas Markets in CLG-Sponsored Session

Already exporting LNG, Mozambique and Angola are on track to become major global supplies as new projects bolster output

Following the completion of major offshore gas projects, Mozambique will become the fourth largest LNG producer worldwide, with more than 30 million tons brought to market. The country’s inaugural FLNG facility started production in 2022, with the country recording a 6% growth in its GDP the following year. Similarly, Angola…

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- Invest in African Energy (IAE) 2024: Integrated Energy Mix to Bolster Southern African Power Supply
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Source: Energy Capital & Power | May 16, 2024

Invest in African Energy (IAE) 2024: Integrated Energy Mix to Bolster Southern African Power Supply

A panel discussion at the Invest in African Energy forum in Paris highlighted the need to invest in various forms of energy in southern Africa, with nuclear and natural gas emerging as strategic resources

South Africa plans to add 14,500 MW of nuclear capacity by 2050 under its 2023 Integrated Resource Plan – currently in the draft stage. At the same time, the country targets over 7,000 MW of natural gas capacity as it moves to address persistent power supply challenges. A panel discussion…

Source: Energy Capital & Power | May 16, 2024

CORRECTION: Chevron Drives Low Carbon Oil Production, Joins Angola Oil and Gas (AOG) 2024 as Platinum Sponsor

Chevron’s participation in the AOG 2024 conference underscores its commitment to driving innovation and collaboration in Angola’s oil and gas sector, aiming for increased production and sustainable growth

Multinational energy company Chevron has joined the Angola Oil & Gas (AOG) 2024 conference (https://apo-opa.co/3UF9Rg5) – Angola’s premier oil and gas event, scheduled for 2-3 October in Luanda - as a platinum sponsor. The company has been active in Angola for over 70 years, and with stakes in various strategic oil…

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- Egypt to Create Ministry of Energy, Details Shared at Invest in African Energy (IAE) 2024 Forum
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Source: Energy Capital & Power | May 15, 2024

Egypt to Create Ministry of Energy, Details Shared at Invest in African Energy (IAE) 2024 Forum

A panel discussion at the Invest in African Energy Forum in Paris unpacked North Africa’s energy and infrastructure dynamics, with integration and collaboration emerging as overarching themes; The forum is organized by Energy Capital & Power

Egypt is looking at the possibility of merging its petroleum and renewable energy ministries, creating an integrated Ministry of Energy to streamline industry operations and regulations. Mohamed Fouad, CEO of Egypt Oil & Gas, Secretary General of the Egyptian Gas Association and Marketing & Communications Committee Chairman of the International…

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- First Oil from Sangomar Expected in the Coming Days, Says Petrosen at Invest in African Energy (IAE) 2024
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Source: Energy Capital & Power | May 15, 2024

First Oil from Sangomar Expected in the Coming Days, Says Petrosen at Invest in African Energy (IAE) 2024

IAE 2024 is organized by Energy Capital & Power

First production from the Sangomar oilfield development in Senegal is expected to start in the coming days, said national oil company (NOC) Petrosen. Representing the country’s inaugural offshore oil development, the project will produce 100,000 barrels per day (bpd). Speaking at the Invest in African Energy Forum in Paris, Thierno…

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- Nigeria Relaunches Licensing Round, Shares 2024 Investment Prospects at Invest in African Energy (IAE) 2024
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Source: Energy Capital & Power | May 15, 2024

Nigeria Relaunches Licensing Round, Shares 2024 Investment Prospects at Invest in African Energy (IAE) 2024

The Nigerian Upstream Petroleum Regulatory Commission outlined available licensing opportunities at the IAE forum, organized by Energy Capital & Power, in Paris on Wednesday

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) relaunched Nigeria’s 2024 licensing round – while industry stakeholders unpacked key investment opportunities – at the Invest in African Energy forum in Paris on Wednesday. Launched earlier this month, Nigeria’s latest licensing round features 12 deep offshore and shallow water blocks oil blocks…

Source: Energy Capital & Power | May 15, 2024

Chevron Drives Low Carbon Oil Production, Joins Angola Oil and Gas (AOG) 2024 as Platinum Sponsor

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- Invest in African Energy (IAE) 2024 Pays Tribute to Industry Visionaries; Former Perenco Chief Executive Officer (CEO) and UTM Offshore's Chief Executive Officer (CEO) Recognized for Pioneering Impact on Africa's Oil and Gas Sector
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Source: Energy Capital & Power | May 15, 2024

Invest in African Energy (IAE) 2024 Pays Tribute to Industry Visionaries; Former Perenco Chief Executive Officer (CEO) and UTM Offshore's Chief Executive Officer (CEO) Recognized for Pioneering Impact on Africa's Oil and Gas Sector

Organized by Energy Capital & Power, the forum honored Benoît de la Fouchardiere, former Group General Manager of Perenco, and Julius Rone, Group Managing Director and CEO of UTM Offshore, for their groundbreaking contributions to Africa’s oil and gas industry

The Invest in African Energy 2024 forum awarded Benoît de la Fouchardiere, former Group General Manager of Perenco and current CEO of multi-service company Dixstone, with the Legendary Service to Africa Award on Tuesday. Uniting African oil and gas industry giants, the award was presented by Marcel Abéké, Minister of…