Read the latest Archives of oil, gas and energy news.
Egypt’s wind installations are projected to reach 4.3 GW by 2026 with an additional 1 GW added annually after 2027, culminating in more than 8 GW of installed capacity by 2030.
The Global Wind Energy Council projects 17 GW of new wind capacity to be brought online in Africa and the Middle East by 2027.
In the march to net zero, coal usage is the villain in the story. Industrialized nations demonize coal for its negative environmental effects: Coal combustion releases pollutants linked to smog and respiratory illness, from carbon dioxide and sulfur dioxide to nitrogen oxides to mercury and lead.
NJ Ayuk, the Executive Chairman of the African Energy Chamber explores the significant role of carbon trading in enhancing Africa’s energy sector growth while prioritizing environmental sustainability.
Egypt has partnered with Chevron to reduce methane emissions from the country’s oil and gas industry.
From investment to exploration to power and renewables, Africa’s energy sector is set to grow in 2023.
South Africa’s ailing power utility, Eskom, will receive $13.9 billion in debt relief over the next three years.
A $50 million deal has been signed by the OPEC Fund and the AFC to help Africa address its infrastructure investment gap.
Having signed financing agreements to the tune of $72 million for the 35MW Menengai geothermal project, Kenya is set to increase its geothermal capacity.
Africa has seen over $30 billion in investments aimed at developing its hydrogen production value chain, as well as more than 23 green hydrogen projects launches, with over 48 GW of electrolysis capacity.
