Africa Oil & Gas: Opportunities For SA Companies In Mozambique Gas Sector

Africa Oil & Gas: Opportunities For SA Companies In Mozambique Gas Sector

JOHANNESBURG – Mozambique’s province of Cabo Delgado offers South African businesses “huge” investment opportunties in the gas sector, the region’s permanent secretary Antonio Domingos Mapure has said. Advertisements

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Markets: “Fossil fuels dominate African energy investment” – DW reports

Markets: “Fossil fuels dominate African energy investment” – DW reports

Plants burning coal, oil and gas have powered rapid economic growth in Europe, North America and the strong Asian economies for decades. At the same time, many people in less wealthy parts of the world still suffer from energy poverty, while being increasingly exposed to extreme weather that’s becoming more frequent, and more intense, because of climate change.

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Africa Oil & Gas: NNPC Inks $26.9 Billion in Investment Deals

The Group MD of Nigeria’s state-run firm NNPC, Maikanti Baru, revealed while speaking at an industry event that the firm’s upstream segment inked $26.9 billion investments. According to Baru, this shows a renewed confidence in the oil industry.

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Global Markets: Thailand’s PTT Looking To Spend $11B On Oil, LNG Projects

Thailand’s state-owned oil and gas company PTT is seeking investment opportunities for its $11 billion in cash and marketable securities to make up for the decline in oil and gas reserves to 695 million barrels in 2016. This amount will only last for five years at current rates of production, according to analysts, which makes the situation close to critical.

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Mozambique Energy Industry: General Electric Ramps up Africa Natural Gas Investments

Just one day after General Electric Company (NYSE: GE) unveiled its new Distributed Power business for Africa, as well as plans for diesel-generated electricity in Nigeria, the company announced new natural gas generator orders from Tanzania and Mozambique.

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MEDIA ADVISORY: World Energy Investment Outlook, 3 June, London

Maria van der Hoeven; Executive Director, International Energy Agency (IEA) and Fatih Birol, Chief Economist, IEA invite you for the launch of World Energy Investment Outlook, a Special Report from the IEA’s World Energy Outlook 2014 to take place on Tuesday, 3 June, at 10:00 a.m. London time; Hilton London Tower Bridge 5 More London Place, Tooley Street, London SE1 2BY.

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