Ross McCracken
Managing editor, Energy Economist 
|
February 27, 2018 16:00 UTC 
(11)
There was a certain air of triumphalism surrounding Anglo-Dutch major Shell’s statement in February that the world’s growing supply of LNG would be “comfortably” absorbed by rising demand in 2018, and that the much anticipated glut would never materialize. This glut has been much predicted, predicated on the apparent surplus of new LNG capacity coming on stream versus predictions of demand rising, but at a slower rate than supply. |
Neil Ford
Freelance consultant and journalist 
|
August 16, 2017 00:01 UTC
(1)
French President Emmanuel Macron may only have been in power for a couple of months, but his first statements on Africa have reawakened African fears of neo-colonialism. At the most recent G20 summit held July 7-8 in Hamburg, Macron seemed to refer to shortcomings in Africa’s “civilization.” |
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Neil Ford
Freelance consultant and journalist
|
July 25, 2017 00:01 UTC
(0)
While Mozambique makes progress on LNG — at least of the floating variety — Tanzania’s gas ambitions received a blow in early July when the government decided to force all existing upstream investors to renegotiate the terms of their contracts and concessions. The Natural Wealth and Resources and the Natural Wealth and Resources Contracts bills were passed by the Tanzanian Bunge, or parliament, affecting all parts of the oil, gas and mining sectors. |
Jacinta Moran
Reporter
|
July 18, 2014 10:55 UTC
(0)
Mozambique and Tanzania are locked in a race to be first to export gas from East Africa, so much so that the region may emerge as a strong competitor to Qatar and Australia in the battle to capture key export markets in Asia. Geographically, East Africa is ideally placed to supply LNG to Japan, China, India and South-East Asia all of whom rely heavily on LNG imports. LNG from East Africa should be cheaper than from Australia but such an advantage may be wiped out if Mozambique and Tanzania are unable to develop their potential before a glut of other new supplies depress prices. |
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Jacinta Moran
Reporter
|
November 29, 2013 08:14 UTC
(0)
The 20th Africa Oil Week, the world’s longest standing oil and gas event for Africa’s oil industry, celebrated its 20th anniversary in Cape Town this week. More than 1,500 delegates from six continents attended during the week where issues over managing Africa’s energy resources were a lead topic. East Africa has been at the forefront of new oil and gas discoveries over the last 12 months. But a number of challenges remain to be overcome, not least over security and community awareness before the new reserves can be brought into production. |
Starr Spencer
Senior writer
|
July 20, 2012 17:33 UTC
(0)
If you thought 2008 was a heyday for deepwater drilling, you ain’t seen nothin’ yet. At least that’s the message suggested by the first two drillers, Noble Corporation and Diamond Offshore, that reported second-quarter earnings this week. While earnings were healthy, it was the commentary by the drillers’ managers that made Wall Street sit up and take notice. Both companies say they expect the global ultra-deepwater segment to carry the ball for them going forward. And that “forward” looks pretty darn good. |
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Jacinta Moran
Reporter
|
February 23, 2012 05:28 UTC
(0)
East Africa has long been considered a peripheral player among the world’s natural gas players, but this is about to change. |
News Desk
Various reporters contributed
|
November 21, 2011 09:36 UTC
(0)
The good news of East Africa as a major upstream play just keeps on coming. In this week’s Platts Oilgram News column, “New Frontiers,” Jacinta Moran discusses the many successes and the outlook for more. |
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