To avoid the worst impacts and help contain the virus worldwide, we must act now to deploy solutions that can provide life-saving energy access to those who need it most.
Africa is at an energy cross-roads. The continent’s best-educated, most entrepreneurial and competitive generation is rising and taking on leadership positions that will propel African companies to become more competitive. After such a long time dealing with the problems of the past, Africans can now look to the future. After all, when it comes to…
By Milcah Lukhanyu MPower, a Switzerland-based tech4impact venture tackling the challenges of energy access and financial inclusion in Africa has raised $430,000) via British crowdfunding platform Crowdcube to help it upgrade its software, scale-up operations in its current markets and launch into three new markets by the end of the year. MPower, which had over…
By Bode Agusto Crude oil is one of the principal sources of energy to the World. In 2018, its market share was 34%, other principal sources of energy were Coal and Natural gas with market shares of 27% and 24% respectively. What does crude oil do for the World?It helps us to transport our vehicles,…
Activists and businesses are making the case to make solar, offshore wind, and electric transportation a priority.
Although it is inevitable that you will be consuming more energy in your home during this time, you can keep this to a minimum by saving energy on the little things.
By Ijeoma Nwogwugwu With the price of a barrel of West Texas Intermediate (WTI), the benchmark for US crude oil, sinking into negative territory on Monday for May deliveries, and the price of Brent Crude – the benchmark used by Europe and the rest of the world – down by 25% to $19 yesterday, it…
By Tsvetana Paraskova Despite the historic OPEC+ production cut deal, available oil storage capacity around the world is running thin as global oil demand continues to crumble amid lockdowns and travel restrictions in many countries. OPEC and its Russia-led allies promised to remove 9.7 million bpd from the market starting in May. But oil storage…
Africa Oil Week takes a look at the current state of licensing round set to take place across the continent in 2020-2021. Recent analysis from Rystad Energy predicts that over 50 per cent of global upstream licensing rounds for 2020 will be cancelled or delayed, reflecting the dual effect of COVID-19 and oil price volatility….
By Oke Peter This year’s Africa Energy Forum (AEF) has been rescheduled to take place in Amsterdam, the Netherlands from 20-22 October 2020. Previously due to take place in July, the move comes in the interests of all attendees’ safety after monitoring the COVID-19 situation and its impact on global economies. In a statement released…
