Long-form reporting that stays with a story until the numbers and context land.
The prices of oil are constantly changing, and this can drastically affect the oil and gas upstream industry. However, these effects on the upstream industry impact a wider circle of businesses such as energy providers and plastic producers due to changing prices and fuel efficiency. Upstream Oil Companies Unlike downstream
Africa is known for its riches in oil and natural resources, as well as human capital. The region has seen its potential especially now that they are considered one of the fastest-growing areas in the world for foreign direct investment because of its vast oil and natural gas deposits, aside
In a hearing set for today, judges on the National Environment Tribunal (NET) made the decision to delay the judgement on the ruling on the Environment and Social Impact Assessment case (ESIA) of the Lamu Coal Plant in Lamu, Kenya. The NET said that the tribunal itself is not ready.
Let no one tell you otherwise, Africa was greatly exploited during the colonial era. Africans were used as slaves to work as labourers and cultivate important cash crops and mine mineral resources which were exported to the home countries of our colonial masters. The various countries on the continent were
State media confirmed that at least 30 people died after a mine collapsed at Chipindo municipality in Angola's south-west Huíla Province. Radio Nacional de Angola (RNA) reported that the tragedy happened at Chiwele locality where the illegal gold miners were at work. RNA stated: The prospectors were extracting
Italy's Deputy Prime Minister, Matteo Salvini recently told Canale 5 TV station, “In Libya, France has no interest in stabilizing the situation, probably because it has oil interests that are opposed to those of Italy.” This was not the first time that Salvini had taken aim at France.
France is back at its heroics in Francophone Africa and it is embarrassing for the continent of Africa for several reasons. Oeil D'Afrique reports that Paris will help Chad pay its civil servants. According to the report, "A loan of 40 million euros will be used to
In 2015, a law was passed in Namibia which required companies seeking licenses to explore the vast mining sites in the country to have a minimum 20 percent representation of black Namibians either as owners, partners or managers. The regulation also states that at least 5 percent of the company
When a major contract between DP World Limited and the Republic of Djibouti was signed, everyone seemed to be happy and satisfied with the business deal. Both sides pledged to respect the terms of the agreement, and it seemed, back then that Djibouti, a tiny but important country located in
Last month, the Democratic Republic of the Congo (DRC) triggered international outrage when it confirmed that it was considering opening up two of its national parks to oil exploration. It said a committee would put together plans to declassify parts of Salonga and Virunga in a bid to increase oil
According to the Nigerian National Petroleum Corporation (NNPC), Nigeria has a maximum crude oil production capacity of 2.5 million barrels per day and has traditionally ranked as Africa's largest producer and sixth largest in the world. (However, in 2017, Angola was largest producer in Afric.) Nigeria'
Frontier markets represent underdeveloped regions exhibiting market conditions conducive to investment. Looking around the world, low interest rates and saturated markets force investors to seek locations for significant returns on investment. However, Frontier markets offer this with some risk. Significantly, emerging frontier markets offer opportunities for smaller independent power developers,
If there is one thing that is certain on Earth, it is how Africa is abundantly and richly endowed with vast and precious natural resources. In this regard, Angola is an interesting case as it is one of Africa's leading nations in producing oil. As of 2015, it
A week ago, Senegalese-American artist and Grammy Awards winner Akon received an award at the Global Citizen Forum in Montenegro for his work in renewable energies in Africa and inspiring millions of people worldwide. The work on renewable energy across Africa led by Aliaume Damala Badara Akon Thiam, popularly known
Ever wondered what emboldened some of the most vicious despots in Africa? It was and still is the greenback. While China has already been chided for its engagement with totalitarian states in the continent, people conveniently forget the most culpable country: The United States of America. America has a strange
Zambia and China are in a diplomatic row following the arrest of 31 Chinese nationals. The arrests were made in a joint operation between the Zambian police and immigration authorities in a town 200km from the capital Lusaka. The arrested people are facing charges which include the employment of children
