COVID-19 and electrification bring hydrocarbon demand peak forward to 2027 according to McKinsey report

Oil Rig at late evening Copyright iuriiAccording to research by McKinsey & Company, aggregate fossil fuel demand is set to peak in 2027, with oil peaking in 2029 and gas in 2037, partially due to the impacts of COVID-19

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Total reduces staff from Mozambique LNG site

Mozambique LNG siteThe oil and gas major Total has withdrawn workers from its crucial liquefied natural gas (LNG) project in Mozambique

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Natural gas monetisation binds Africa and Mozambique’s oil and gas industries

industry 3197398 640For many years, and as it pursued ambitions to become a global LNG exporter, Mozambique has struggled to generate enough energy for its domestic market

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ExxonMobil and Vopak sign a MoU for a South Africa’s LNG feasibility study

Vopak ExxonAffiliates of ExxonMobil Corporation and Royal Vopak have signed a MoU to work together on a feasibility study to assess the commercial, technical and regulatory aspects of an LNG regasification terminal in South Africa

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Equatorial Guinea outlines a path towards oil and gas industry’s road to recovery

image aa24eb20 ac29 48df b8bc 7db573eda86220201221 123209Like the rest of African petroleum producers, Equatorial Guinea has been through a year like no other

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