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Energy Capital & Power

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    • H.E. Gϋnter Nooke, the German Chancellor’s Personal Representative for Africa, Federal Ministry for Economic Cooperation and Development
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Source: Energy Capital & Power |

International Ministerial Delegations Promote Africa-Global Partnerships at African Energy Week in Cape Town

Opening ministerial remarks by representatives from Germany, Norway and the United States pave the way for enhanced dialogue between African stakeholders and global energy players

African Energy Week (AEW) 2021 represents the only pan-African energy event to take place on the continent in 2021. With a view to accelerating investment and development in key resource-rich basins across the continent, African stakeholders are seeking partnerships with international players to fast-track energy sector expansion and drive socio-economic…

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…