Africa ///

Struggling African producers put OPEC output pledges into question

OPEC made only part of its planned production increase last month, with supplies hampered by disruptions in two of the group’s African members.

OPEC delivered only half its October hike as African output slowed

OPEC delivered barely half the oil-production increase it had planned for October as African members continued to struggle with output losses.

South Sudan’s president fires head of state oil company

Bol Ring Mourwel, who was appointed head of Nile Petroleum Corp. in September 2020, was removed with immediate effect, according to a decree broadcast on state television on Thursday.

Opinion: A just energy transition for Nigeria and its oil and gas sector will attract investment and create opportunity

Nigeria shouldn’t leave its gas in the ground and run the risk of ending up with an energy transition that unfairly deprives its citizens of energy, as well as opportunity.

South Sudan faces rapid drop in crude output as blocks pass peak production

South Sudan is experiencing a rapid drop in crude output as producing oil blocks have hit peaks and have begun to decline, according to Ministry of Petroleum Undersecretary Awow Daniel Chuang.

African Energy Chamber calls for more US-Africa energy investments

U.S. companies stand to play a significant role in the road to a lower-carbon future on the continent, and to continue leading some of the most important markets in the energy industry.

Middle East and Africa’s oil & gas industry deal activity dropped 32.92% in Q1 2021

Led by $2.59 billion asset transaction with BP Exploration (Epsilon), Middle East and Africa’s oil & gas industry saw a drop of 32.92% in deal activity during Q1 2021, when compared to the last four-quarter average, according to GlobalData’s deals database.

Active hydrocarbon system in Namibia exceeding expectations, Frontier says

The Board of Frontier, the privately held Houston-based international gas exploration company with a focus on Southern Africa, said its activities in Namibia are continuing to exceed expectations.

ANPG opens Congo, Kwanza Blocks in ongoing bid round

Angola’s National Oil, Gas and Biofuel’s Agency (ANPG) has officially opened blocks for licensing in the Onshore Lower Congo Basin and the Onshore Kwanza Basin as part of its 2020 oil and gas licensing round.

Total’s Force Majeure declaration on Mozambique LNG came prematurely, African Energy Chamber says

The African Energy Chamber encourages all parties involved in the force majeure declaration on the Mozambique LNG project to have a better and more open conversation to find a practical and pragmatic commonsense solution for the project to resume, for the benefit of Total, other companies and especially for Mozambique’s people.

A tough summer for oil-dependent nations may foretell their new normal

The prospects for petrostates have dramatically shifted from just a decade ago. Oil prices were near $100 a barrel then and consumers were worried about supplies running out. Now, OPEC is increasingly having to reckon with the prospect of peak demand, when consumption starts to decline as wind and solar power become more popular.

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