News
How Angola Turned Production Decline into a $70 B Upstream Investment Drive
9+ hour, 48+ min ago (362+ words) After more than a decade of falling crude output, Angola is beginning to reverse the trajectory that once threatened its status as one of Africa's largest oil producers. Production has stabilized at around 1. 1 million barrels per day (bpd), supported by…...
African Energy Chamber Welcomes Impact Oil & Gas Shake-Up to Accelerate Venus Development
4+ day, 7+ hour ago (553+ words) Oil and gas exploration company Impact Oil & Gas has announced it is being restructured into a streamlined, Namibia-focused company centered on the Venus light oil development, with its South African exploration assets separated from the core Orange Basin portfolio ahead…...
Crude Oil: Power, Turnaround and Transformation in Angola" Debuts as Top 3 Amazon New Release - African Energy Chamber Crude Oil: Power, Turnaround and Transformation in Angola" Debuts as Top 3 Amazon New Release
4+ day, 12+ hour ago (117+ words) Angola's story is one of transformation " proof that with the right reforms, transparency and investment climate, resource-rich nations can turn potential into prosperity," says Ayuk. This book is about how Africa can take control of its energy future and build…...
Angola Rewrote the Rules for Oil Investment " Other African Producers Must Take Notes - African Energy Chamber Angola Rewrote the Rules for Oil Investment - Other African Producers Must Take Notes
5+ day, 15+ hour ago (232+ words) The Incremental Production Decree " launched in 2024 " supports reinvestment in mature assets. Ayuk notes that the decree could enable the recovery of up to 500 million additional barrels of oil while extending the life of mature fields by up to 20 years. Exxon…...
How Congo's Offshore Legacy Fields Are Powering a New Production Upswing
1+ week, 3+ day ago (143+ words) The turnaround is strategically aligned with national priorities. The Republic of Congo has set ambitious production targets as it seeks to reinforce its position as a key regional producer, and optimized output from existing fields will play a critical role…...
How South'South Capital Is Redrawing the Energy Financing Map
1+ week, 4+ day ago (536+ words) African Energy Chamber How South'South Capital Is Redrawing the Energy Financing Map In Venezuela, upstream activity has continued to reopen to foreign participation through a combination of U. S. licensing arrangements and renegotiated joint venture structures between PDVSA and international operators, aimed…...
Aliko Dangote: African Energy Person of the Year 2026
2+ week, 1+ day ago (487+ words) The African Energy Chamber is pleased to present the 2026 award to Aliko Dangote. This is a fitting honor for the Nigerian businessman and industrialist who has invested billions in Africa to strengthen energy security, build infrastructure, create jobs, reduce import…...
Mozambique Raises the Bar on Local Content to Drive Jobs, Skills and Industry Growth
2+ week, 4+ day ago (236+ words) At the same time, Mozambique's direction of travel mirrors wider energy policy trends across emerging markets, where governments are increasingly seeking to balance export revenues with domestic industrialization. The emphasis is no longer only on attracting investment, but on ensuring…...
Philip Birch Joins Oregen Energy to De-Risk Namibian Assets
2+ week, 6+ day ago (159+ words) As the technical architect behind the Venus project before Total Energies" farm-in, Birch played a central role in de-risking the project " thereby supporting successful drilling efforts by Total Energies. His deep understanding of the Orange Basin"s broader geology and…...
Total Energies Extends Block 32 License as Policy Reforms Drive Angola's Next Production Cycle
3+ week, 15+ hour ago (509+ words) African Energy Chamber Total Energies Extends Block 32 License as Policy Reforms Drive Angola's Next Production Cycle Energy major Total Energies has extended the production period for Block 32's Development Areas until 2043 through an agreement signed with Angola's upstream regulator " the…...