Finally, Rich Countries Recognize Africa’s Right to Use Gas
May 15th, 2023
Courtesy of Foreign Policy, commentary on how Western-led blanket bans on gas finance stifle development, hurt climate goals, and reek of hypocrisy: In 2010, Mozambique discovered massive offshore natural gas reserves that promised to transform the country’s economy. Mozambique’s current GDP is around $15 billion; the government expects sales from liquefied natural gas (LNG) to […]
Read more »Paul Kagame, Crystal Ventures, and Rwanda’s New Economic Diplomacy
May 11th, 2023
Courtesy of The Africa Report, a look at how – over the past two years – Rwanda has been aggressively expanding its businesses, including the commercial wing of President Paul Kagame’s party, Crystal Ventures, and its foreign-focused subsidiary, Macefield Ventures. These expansions have reached countries such as the Central African Republic, Mozambique (where the Rwandan […]
Read more »Africa’s Share of Global Gas Supply Will Almost Double by 2050
February 14th, 2023
Via Quartz, an report that Africa will be responsible for over 11% of all gas supplies by 2050: Africa’s gas share in the global market will increase to over 11% of all gas supplies by 2050, according to a report by Gas Exporting Countries Forum (GECF), from 6% in 2021. Production is projected to increase from […]
Read more »Zambia Has More Than Copper, Offers Unexplored Potential
February 12th, 2023
Via The Africa Report, a look at Zambia’s unexplored potential: With billions of dollars worth of African gas, gold, copper and cobalt to hit the markets in 2022, industry players are focused on the next big deals. The election of a new government in Zambia in August 2021 has led to optimism that the country […]
Read more »TotalEnergies CEO To Visit Mozambique To Discuss LNG Restart
February 3rd, 2023
Via The Africa Report, report on TotalEnergies efforts to restart its Mozambique LNG project: The head of French energy giant TotalEnergies is expected this week to visit Mozambique, where a multi-billion-dollar gas project has been on hold since a 2021 jihadist attack. CEO Patrick Pouyanne is to fly to the southern African nation to discuss conditions […]
Read more »Calls For A South-North Energy Axis Between Europe and Africa
January 7th, 2023
Courtesy of The Financial Times, an article on growing calls for a south-north energy axis between Europe and Africa: The chief executive of one of Europe’s biggest oil and gas companies has said the EU should look to Africa rather than the US as it seeks to replace Russian energy imports. Claudio Descalzi, who has run […]
Read more »Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.