Africa has an abundance of proven, developed and undeveloped oil and gas resources
Outlook 2022: A ‘just’ energy transition for Africa
The move towards a more sustainable energy mix must not penalise the continent
The world continues to transition away from an over-reliance on fossil fuels and towards a new energy supply mix, which will be much more reliant on a blend of renewable sources. While this process is accelerating, it is clear to many—but not all—that hydrocarbons will continue to play a very important, if declining, role in this evolving global energy mix for decades to come. This raises a number of critical questions that need to be asked. How do we prioritise where this future oil and gas production should come from? Who should benefit from the positive socioeconomic impact it generates? And what can the oil and gas industry do to minimise climate impact during this period of transition?
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5 March 2026
Gas is a central pillar of Colombia’s energy system, but declining production poses a significant challenge, and LNG will be increasingly needed as a stopgap. A recent major offshore gas discovery offers hope, but policy improvements are also required, Camilo Morales, secretary general of Naturgas, the Colombian gas association, tells Petroleum Economist
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The continent’s inventories were already depleted before conflict erupted in the Middle East, causing prices to spike ahead of the crucial summer refilling season
4 March 2026
The US president has repeatedly promised to lower gasoline prices, but this ambition conflicts with his parallel aim to increase drilling and could be upended by his war against Iran
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With the Strait of Hormuz effectively closed following US-Israel strikes and Iran’s retaliatory escalation, Fujairah has become the region’s critical pressure release valve—and is now under serious threat
