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

Also in this section
12 June 2025
Asian and European interest gathers pace as Trump throws his weight behind frontier state
12 June 2025
The government is optimistic that increasing offshore activity and exploration will help revive flagging production, despite energy security fears
12 June 2025
Tariffs, AI, critical minerals and emerging markets all raise fundamental policy questions