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At the heart of Africa’s oil production decline lies Nigeria, a heavyweight in the continent’s oil sector. The nation faced a series of unplanned outages during the first five months of this year, losing around 165,000 bpd

This transaction marks a significant step forward for Oando, increasing its ownership and influence across a wide spectrum of energy assets, including production, infrastructure, reserves and exploration.

Last year, the EU made a decision, supported by the European parliament in July 2022, to label natural gas and nuclear energy as ‘green.’

Despite the call heard ’round the world commanding the global business community to divest from fossil fuels and shrink their carbon footprints in the name of net zero, international oil companies (IOCs) still recognize Africa as their next frontier.

Quota-related decisions made at OPEC’s 35th meeting last June in Vienna delivered a call to action for African member states to step up production through the remainder of the year and into 2024.

La Chambre africaine de l’énergie appelle à la sécurité et à la sûreté des opérations et du personnel du secteur de l’énergie, estimant que les perturbations de l’industrie constituent une attaque contre le progrès économique.

The African Energy Chamber is calling for the security and safety of energy operations and personnel, citing disruptions to the industry as an attack on economic progress.

Nidra Araba Yebuah is the Digital and Integration Account Manager for Ghana and Equatorial Guinea at SLB.

Mwanyengwa Ndapewoshali Shapwanale is the Director: Communications and Stakeholders Relations at ReconEnergy in Namibia.

Lecticia Sepulvede is the Public and Government Affairs Advisor at ExxonMobil.