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Cape Town, South Africa
Opinion
Energy security Gas Energy transition
Derek Boulware
27 October 2022
Follow @PetroleumEcon
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Letter from South Africa: States and industry eye opportunities

Governments and private firms came together at Africa Oil Week to discuss how to ensure the continent’s hydrocarbons resources do not stay in the ground

This year’s Africa Oil Week brought together companies and governments that share the belief that developing nations should be able to utilise their hydrocarbon resources. The conference also demonstrated the growing importance of independent E&Ps in Africa, as well as the promise of gas developments and the continent’s potential role in alleviating Europe’s energy crisis. One key takeaway from the conference, which took place this year in Cape Town, is that Africa wants its energy transition to be conducted on its own terms, with oil and gas still forming part of a more diversified energy mix. Hydrocarbons are not being demonised as much in Africa as it they are in other parts of the wo

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Gas pricing finds a new norm
27 June 2025
Gas-on-gas competition pricing has grown its share of consumption significantly over the past two decades, primarily at the expense of oil-price-escalation pricing, according to the IGU
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27 June 2025
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Namibia eyes diversifying energy mix as oil stalls
27 June 2025
TotalEnergies’ delayed FID for its Venus project will likely set back first oil, but Windhoek has other irons in the fire
Offshore industry overcoming arch foes
26 June 2025
ExxonMobil and Eni offer hope for projects as sector looks to get to grips with cost overruns and delays

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