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Andean upstream feels the heat
Financial problems, lack of exploration success and political dogma cause uncertainty across much of the region
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Gas E&P enters the danger zone
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Dr Omar Farouk Ibrahim, Appo secretary general
Upstream Markets
Simon Ferrie
12 May 2023
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Africa must end foreign dependence, says Appo

Regional energy body pushes for new strategies to develop the continent’s resources

Africa has enormous hydrocarbon reserves and yet the majority of the continent’s population has only limited access to energy. Despite that disparity, critics in the West condemn new oil and gas projects in Africa in the name of the environment and the energy transition, even as European governments and IOCs look south with renewed interest, believing African resources can help ensure security of supply in the post-Ukraine invasion world. The African Petroleum Producers’ Organization (Appo), meanwhile, has its own pro-development agenda, emphasising a move away from dependence on the West. Appo secretary general Dr Omar Farouk Ibrahim spoke to Petroleum Economist about those plans and the wi

Also in this section
Andean upstream feels the heat
15 May 2025
Financial problems, lack of exploration success and political dogma cause uncertainty across much of the region
Fifty years of oil trading
14 May 2025
The invisible hand of the market has seen increasing transparency but much more needs to be done to build a better understanding
OPEC+ keeps more barrels off market in April
13 May 2025
A fall in Venezuelan output drives overall production lower, as Saudi Arabia starts to slowly bring more crude to the market
Australia’s post-election energy priorities
12 May 2025
With the gas industry’s staunchest advocates and opponents taking brutal blows, the sector looks like treading a path of insipid indifference

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