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Africa turning into hotspot for oil & gas exploration as investments reach $5 1 bln in 2022

Total capital expenditures (capex) for oil and gas exploration in Africa rose from $3.4 billion in 2020 to $5.1 billion in 2022.

France generalEastern capeSouth africaOmar elmawiOilwatch africaAnabela lemosHeffa schueckingSharm el sheikhAfrica coal networkUrgewald global oilLife after coal campaignNorwegian government pension fundBw energyInternational energy agencyRystad energyAfrican crude oil pipeline

Africa s Shortsighted Focus on Natural Gas Instead of Renewables Risks Stranding Assets and Economic Turmoil, Analysts Say

Mozambique's growing methane gas export industry reflects industrialized nations' failure to fund renewable energy in developing countries.

Kofi mbukHeffa schueckingFilipe nyusMozambique president filipe nyusCarbon tracker

Opinion: Exxon Mobil s Angolan discovery showcases Africa s prosperous future despite prevailing sentiment

Exxon Mobil’s recent discovery in Block 15 off Angola in the Bavuca South prospect adds further credence to the notion that Africa is a significant contender in future energy markets, according to the African Energy Chamber.

France generalUnited statesOmar elmaawiChloe lebrandHeffa schueckingMiriam hinostrozaBhekumuzi bhebheGlobal oil gas exit listAfrican energy chamberExxon mobilUn environment programmeAfrican crude oil pipelineBavuca southEast african crude oil pipelineGas exit listParis agreement

Climate hypocrisy as Western firms fund new fossil fuel projects in Africa

Report by African climate-focused NGOs reveals 200 companies as the biggest investors in new oil and gas projects.

United statesEastern capeSouth africaOilwatch africaHeffa schueckingAfrica coal networkNorwegian government pension fundInternational energy agencyNet zero banking allianceAfrican crude oil pipeline eacopFinancing fossil fuel expansionGoldman environmental prizeAfrican crude oil pipelineFossil fuel projectsClimate changeUn conference of parties

Dumping emissions: Countries buidling new fossil fuel projects in Africa but mostly for export

Planned projects will drive up Africa’s fossil fuel capacity by 116%

United statesFrance generalEastern capeSouth africaNamibia generalOmar elmawiOilwatch africaAnabela lemosHeffa schueckingUrgewald global oilEuropean unionNet zero banking allianceAfrican cruiseUnited nations framework convention on climateCoal campaignAfrica coal network

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