Oil & Gas News (OGN)

Tag: Africa

Energy, Oil & Gas

Africa’s energy future requires gradual transition, investment, says expert

Wed, 13 May 2026

Africa’s energy transition must be guided by realism, technological innovation, and sustained investment rather than abrupt shifts away from fossil fuels, according to energy expert Profv Bart Nnaji Chief Executive Officer, Geometric Power and former Nigerian Minister of Power....

Energy, Oil & Gas

Africa faces energy planning shift amid rapid AI expansion

Mon, 11 May 2026

AI is rapidly increasing global electricity demand, with data centres scaling to gigawatt levels. Africa faces a mismatch between rising AI-driven needs and incremental energy planning, requiring more reliable, large-scale, integrated power infrastructure development....

Energy, Oil & Gas

Abu Dhabi's Global South Utilities boosts Africa renewables portfolio

Sat, 18 Apr 2026

Abu Dhabi-based Global South Utilities (GSU) has achieved several major milestones in 2025, including the expansion of its renewable energy portfolio across Africa, thus contributing to powering more than 500,000 homes. In Egypt, it was part of an international consortium to develop a $220m solar plant facility. ...

Energy, Oil & Gas

Chevron’s Africa engagement sets IOC benchmark

Thu, 19 Mar 2026

Chevron’s Africa operations highlight the gap between sustainability commitments and real impact, emphasising community investment, environmental protection, workforce development and local economic participation across Nigeria, Angola and the wider region. ...

Energy, Oil & Gas

African FLNG expansion offers swift LNG supply to Europe amid gas pressure

Tue, 17 Mar 2026

Europe is experiencing renewed pressure on gas supplies due to disruptions in the Strait of Hormuz and the EU’s ongoing efforts to reduce dependence on Russian gas, exposing vulnerabilities in global LNG markets and driving up spot prices. ...

Energy, Oil & Gas

Africa sees surge in mining exploration to meet global mineral demand

Mon, 16 Mar 2026

African mining markets are seeing a surge in greenfield exploration, with South Africa, Ghana, and Namibia expanding efforts to secure mineral reserves and meet the rapidly growing global demand for critical minerals by 2040....

Energy, Oil & Gas

KEC secures key power project contracts in Saudi Arabia

Thu, 12 Mar 2026

KEC International, a global infrastructure engineering, procurement and construction (EPC) major and a unit of key Indian conglomerate RG Group, has announced that it has secured the largest composite order from Saudi Arabia for setting up 380 kV transmission lines, substations and EHV Cabling in the kingdom. ...

Energy, Oil & Gas

Expansions, discoveries drive Africa’s emerging LNG market

Mon, 23 Feb 2026

Africa’s LNG and gas sector is entering a dynamic growth phase, driven by expansions of major export projects, the scaling of floating liquefaction capacity by emerging producers, and the commercialisation of large undeveloped gas discoveries....

Energy, Oil & Gas

Africa’s power gap could define next investment cycle

Sun, 15 Feb 2026

Nearly 600 million people in Africa lack electricity, with access growth failing to match population increases. While the IEA estimates $15 billion in annual investment is needed for universal access, current commitments remain under $2.5 billion. This widening funding gap, amid rising demand, presents a significant long-term commercial opportunity. ...

Energy, Oil & Gas

Masdar, Octopus team up on clean energy in UK, Africa

Wed, 21 Jan 2026

Masdar, a clean energy leader, and Octopus Energy, an energy tech disruptor, have signed two Memoranda of Understanding (MOUs) for initiatives in the UK and Africa. Masdar and Octopus will look to work together to free up hidden capacity across the UK’s distribution network to power the next generation of data centres....

Energy, Oil & Gas

Africa’s gas demand rises 60pc by 2050, FLNG offers solution

Wed, 07 Jan 2026

Floating liquefied natural gas (FLNG) is rapidly emerging as a cornerstone of Africa’s gas development strategy, as the continent prepares for a sharp rise in demand and seeks faster, more resilient pathways to market. According to the African Energy Chamber’s (AEC) State of African Energy 2026 Outlook, Africa’s natural gas demand is projected to increase by 60 per cent by 2050, underscoring the urgency of bringing new supply online efficiently and at scale....

Energy, Oil & Gas

Africa’s gas future depends on infrastructure

Sun, 04 Jan 2026

Global LNG supply is set to surge by 2030, creating potential oversupply. Africa’s gas demand grows, but infrastructure limits domestic use, keeping exports dominant. Strengthening pipelines, storage, and regional networks is key to capturing local value and reducing market risks....

Energy, Oil & Gas

African Mining Week will bring together top firms, investors

Wed, 31 Dec 2025

The 2026 edition of African Mining Week (AMW) – officially launched last week – will bring together global mining companies, investors, policymakers and industry stakeholders to explore emerging opportunities across Africa’s minerals sector. ...

Energy, Oil & Gas

Opec Fund to co-finance up to $2bn to accelerate development across Africa

Thu, 25 Dec 2025

The Opec Fund for International Development (Opec Fund) has announced up to $2 billion in co-financing with the African Development Fund (ADF) for the period 2026–2030, reaffirming its long-standing commitment to Africa and to concessional financing for the continent’s most vulnerable countries....

Energy, Oil & Gas

Acwa Power in deal to boost $5bn sustainable utility projects across Africa

Thu, 18 Dec 2025

Acwa Power has announced that it has signed a co-operation framework with African Development Bank (AfDB) to significantly strengthen collaboration in the development and funding of power generation and water desalination projects worth up to $5 billion across Africa. ...

Energy, Oil & Gas

Africa needs $375bn to develop natural gas sector: SPE

Tue, 09 Dec 2025

Africa requires an estimated $375 billion over the next 10 to 12 years to adequately fund upstream and midstream gas development across the continent, according to non-profit organisation the Society of Petroleum Engineers (SPE)....

Energy, Oil & Gas

Africa’s demand for refined products to surge into 2050

Mon, 01 Dec 2025

Africa is entering a pivotal phase in global energy dynamics, with refined product demand expected to rise from 4 million bbl/d in 2024 to over 6 million bbl/d by 2050, according to the African Energy Chamber’s 2026 Outlook Report....

Energy, Oil & Gas

Over 100 energy stakeholders gather to act on methane pledges in Africa

Sun, 30 Nov 2025

The International Energy Agency (IEA) convened a regional workshop in Abuja, Nigeria, focused on translating commitments to reduce methane emissions into concrete action. Co-hosted with Nigeria’s Ministry of Petroleum Resources and the African Energy Commission (AFREC), the workshop explored regional opportunities and challenges, while sharing international best practices and cost-effective solutions....

Energy, Oil & Gas

Africa secures $57m for a just energy transition, Mission 300

Sun, 23 Nov 2025

The African Development Bank Group’s Sustainable Energy Fund for Africa (SEFA), a multi-donor special fund managed by the Bank Group, has secured new investment commitments totalling nearly €50 million ($57 million) , to strengthen the rollout of Mission 300 and accelerate climate action across Africa’s power sector....

Energy, Oil & Gas

UK expertise could unlock Africa’s next energy boom, low-carbon growth

Wed, 19 Nov 2025

The role of UK technical and service collaboration in Africa’s energy future was underscored at the Wider African Energy Summit (WAES) in Aberdeen, where operators and industry leaders emphasised the strategic value of North Sea engineering, offshore delivery experience and workforce training for Africa’s next phase of growth....

1 2 >