South Sudan touts oil recovery at AOP18, but obstacles remain

South Sudan touts oil recovery at AOP18, but obstacles remain

South Sudan’s oil production is recovering from years of conflict, according to Ezekiel Lol Gatkuoth, the country’s Minister of Petroleum, but many obstacles remain even as oilfield operations come back online. Security was top of mind as South Sudan took the spotlight during the Africa Oil & Power conference in…

Report finds African energy investment is financing fossil fuels

The African continent is attracting some USD$20 billion in energy investment from government-backed development institutions across the world each year – but far too much of it promotes fossil fuels rather than the shift to renewable energy. That’s according to a new analysis from Oil Change International, an advocacy organization based in…

Glencore under U.S. investigation into Nigeria, DRC operations

Mining giant Glencore confirmed on Tuesday that the United States Department of Justice has issued a subpoena for documents and records connected to the company’s businesses in Nigeria and the Democratic Republic of Congo. The subpoena also covers operations in Venezuela, the company said. Glencore “has received a subpoena dated…

OPEC welcomes Congo Brazzaville as newest member

The central African nation of Congo Brazzaville has become the newest member of the Organization of the Petroleum Exporting Countries (OPEC), following the conclusion of the OPEC member meeting in Vienna on Friday. It is now the 15th nation to become a member, seven of them on the continent. The…

World Bank promises $180 million for Kenya’s energy sector

The World Bank has approved USD$180 million in loan guarantees to boost Kenya Electricity Generation Company Limited (KenGen) and the country’s energy sector. The KenGen project, supported by private sector financing, will build on Kenya’s progress in diversifying its energy sources – including geothermal power – while bringing much needed…

Zambezi River dam opposed over environmental, tourism impact

A hydroelectric dam project, years in the making and planned for the Zambezi River between Zambia and Zimbabwe, remains under pressure from whitewater rafting enthusiasts and tourism businesses concerned about the environmental and economic impacts. Munyaradzi Munodawafa, chief executive with the Zambezi River Authority, told reporters this week that the…