It would be an understatement to say Tanzania’s Songo Songo gas field has been good for the country and its citizens. Since 2004, the project’s output has been put to work to benefit the Tanzanian economy, its domestic energy supply, energy costs, employment numbers, and the environment.
Vienna, Austria, 27 November 2023–Last week, the International Energy Agency (IEA) in its report ‘The Oil and Gas Industry in Net Zero Transitions’ stated that the oil and gas industry faces a ‘moment of truth’. The industry has been told that it must “choose between fueling the climate crisis or embracing the shift to clean energy”, against the backdrop of the IEA’s proposed normative net-zero scenario.
Il est indéniable que l’invasion de l’Ukraine par la Russie a fortement perturbé les marchés mondiaux de l’énergie. Cet affrontement géopolitique a conduit à l’imposition de sanctions occidentales sur les exportations de pétrole et de carburant russes et à l’imposition d’un plafond de prix sur le brut russe par le groupe G7.
It’s undeniable that the Russian invasion of Ukraine proved highly disruptive to world energy markets. This geopolitical clash led to the imposition of Western sanctions on the export of Russian oil and fuel and the imposition of a price cap on Russian crude by the G7 group.
When the African Energy Chamber (AEC) published its African Energy Outlook for 2023, there was ample reason for optimism that Senegal was just months away from becoming a producer of both crude oil and natural gas.
While some analysts propose that existing discoveries hold enough oil and gas to meet global demand for the foreseeable future, others argue that the remaining supply will not sustain us beyond the next quarter century.
Six mois après que l’Organisation mondiale de la santé (OMS) a déclaré que le COVID-19 n’était plus une urgence sanitaire, il est encore difficile de saisir pleinement les dommages considérables que la pandémie a infligés, qu’il s’agisse du nombre considérable de vies humaines ou de la dévastation économique.
Six months after the World Health Organization (WHO) declared COVID-19 is no longer a health emergency, it’s still difficult to fully grasp the far-reaching damage the pandemic has inflicted, from the tremendous toll on lives to economic devastation.
A webinar hosted by the African Energy Chamber in partnership with S&P Global Commodity Insights highlighted the role attractive fiscal terms play in getting large-scale oil and gas projects off the ground.
Earlier this year, South Africa was making headlines around the globe for the daily extended power outages plaguing the country.
La Chambre africaine de l'énergie (AEC) est fière d'annoncer la publication de l'AEC Q1 2022 Outlook, "The State of African Energy" (L'état de l'énergie en Afrique) - un rapport complet analysant les tendances qui façonneront le marché mondial et africain du pétrole et du gaz en 2022.
