Africa can be long-term focal point for oil industry
Once energy security is achieved, Africa can play a greater global role as it builds out its downstream
Category: Interview
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Gas discovery could transform Morocco
Energean is hoping to replicate that success in a country heavily dependent on coal for its electricity supply, despite ongoing efforts to build substantial renewable wind and solar power capacity.
Military barracks among highest power debtors –ANED Director Sunday Oduntan
The major culprit is the Army in terms of military formations. If you go and check with the Ministry of Defence, there are provisions in their budgets
Nigerian Government must encourage gas investments to grow gas penetration across Africa’s biggest economy — NGA President Akachukwu Adeyinka Nwokedi
Improving fiscal terms is another way to encourage gas investments. We continue to face a multiplicity of taxation and an inconsistency of fiscal policy.
Oil price of $80–95 per barrel could be new normal in 2024
Elevated oil prices may be here to stay for the medium-to-long term, but it would have to take extreme geopolitical risks to push prices into triple digits in the immediate future, according to Ole Hansen, head of commodity research at Danish investment bank Saxo Bank.
Government incentives ’ll make Electric Vehicles more affordable —Everlectric CEO Ndiambani Magadagela
Everlectric’s packaged solution eliminates unpredictable and volatile operational expenditure while retuning cost savings. We have ensured that all the elements in this offering are from reputable suppliers and we provide support to our clients in the case that something goes wrong. Our clients save close a ton a ton of carbon per vehicle per month.
Development of energy storage systems through batteries, hydrogen, others ‘ll enhance availability of renewable energy —Air Products MD Rob Richardson
The competition is fierce and customers are price sensitive. It ultimately comes down to being able to provide one’s customers with security of supply, responsive service, and a full range of gases and delivery modes.
‘Africa needs massive investment in new energy infrastructure to ensure access to reliable electricity’
Given the energy poverty challenges plaguing the region currently, attaining this objective will require massive investment in new energy infrastructure to ensure access to reliable electricity.
Renewable energy will not solve all our problems —Nelisiwe Magubane
Let’s not disabuse ourselves by saying that renewable energy is going to solve all our problems.
Cabals benefiting from petrol imports frustrating local refineries —IPMAN
We have been waiting for Dangote refinery to come on stream. But if it comes on stream, what is going to be the difference? I’m made to understand that they will also buy crude at the international rate, they will refine it and when this is done at the international rate, we may still buy it at the imported rate, except there will be some form of cost control on this.
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