Trending
- Dawood Al Shezawi: Why AIM Congress 2024 is the epicenter of global economic and cultural dialogues
- d.light’s 600,000 cookstoves project verified as top source of quality carbon credits
- Artificial intelligence (AI) could create a turning point for financial inclusion in Africa
- AIM Congress 2024: Catalysing global investments with awards
- Kenya’s economic resurgence in 2024
- The most stressful cities to live in 2024 exposed
- Tech ventures can now apply for the Africa Tech Summit London Investment Showcase
- State of journalism survey 2024 shows media houses are lagging in AI adoption
Browsing: CNOCC
- Uganda, Kenya, and Tanzania are building their oil and gas economies at a very fast pace
- Algeria is Africa’s leading natural gas producer, with almost 2.4 trillion cubic meters of proven reserves
- Nigeria is Africa’s largest oil producer, and Africa accounted for approximately eight per cent of the global oil output in 2020
When it comes to oil and gas in Africa, there is plenty of potential to produce enough energy on the continent.
Africa accounted for approximately eight per cent of the global oil output in 2020. Similarly, at least 330 million metric tonnes of oil will be produced in Africa in 2020 (Statista). Global oil and gas players such as ExxonMobil, Shell, Equinor, and BP are pushing the continent forward.
The energy sector in East Africa is rapidly expanding its commercial potential thanks to Tanzania. The EACOP pipeline, upstream offshore gas projects, LNG project discussions, and various renewable …