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Source: Energy Capital & Power |

Delegations from United States, Europe, United Kingdom and More to Attend Critical Minerals Africa Summit

The inaugural summit will welcome global delegations to Cape Town on October 17-18, as interest in Africa’s critical minerals resources heightens

Delegations from the U.S., U.K., Europe, Canada, Australia, China, Japan, South Korea and more will attend the inaugural Critical Minerals Africa (https://CriticalMineralsAfrica.com/) summit in Cape Town this October – aimed at positioning Africa as the primary investment destination for critical minerals (https://apo-opa.info/3pHo8NI) – according to event organizers Energy Capital & Power (ECP) (https://www.EnergyCapitalPower.com). The Summit…

Energy Capital & Power
Source: Energy Capital & Power |

Equatorial Guinea’s Oil and Gas Sector tackles COVID-19 Strategy (By Grace Goodrich, Field Editor at Africa Oil & Power)

The country is projected to be one of the hardest hit African economies by the global pandemic

By Grace Goodrich, Field Editor at Africa Oil & Power Equatorial Guinea’s leading energy players united in a webinar on Thursday to address the impact of COVID-19 on the country’s oil and gas sector and delineate mitigation measures to sustain its pace of engagement with global investors. With a sharp…

Energy Capital & Power
Source: Energy Capital & Power |

G20 backs OPEC+, But Deal in Jeopardy as Mexico Refuses Cuts

Mexico is the lone holdout in a global deal to save the oil and gas industry; US set to see production decline

In an historic effort to power the oil and gas industry out of its worst tailspin in its 100-year history, the United States, Canada and other G20 nations are backing the OPEC+ group of countries in a broad effort to reduce global oil supply and restore stability to the oil…

Energy Capital & Power
Source: Energy Capital & Power |

CORRECTION: OPEC+ at Brink of Ending Oil Price War, awaits G20 Meeting for OPEC++ Deal

From July to December, overall production cuts will lower to 8 million barrels per day, followed by 6 million barrels per day from January 2021 to April 2022

In a move to save the oil industry — facing the biggest crisis in its history — OPEC and Russia have agreed on new production cuts, with the OPEC+ group agreeing to eliminate 10 million barrels of crude per day for an initial two-month period to save a glutted oil…