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African Energy Chamber (AEC) to Launch State of African Energy 2026 Outlook at African Energy Week (AEW 2025)

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African Energy Chamber

In collaboration with S&P Global Commodity Insights, the report offers a guide for investors and project developers pursing opportunities in African energy

CAPE TOWN, South Africa, September 26, 2025/APO Group/ –The African Energy Chamber (AEC) (https://EnergyChamber.org/) – the voice of the African energy sector – will launch its latest outlook, offering strategic insight into the trends, opportunities and challenges of the African energy sector, at African Energy Week: Invest in African Energies on 30 September. Written in collaboration with data and analytics firm S&P Global Commodity Insights, the State of African Energy 2026 Outlook report offers a comprehensive view of various segments of the African energy value chain, from upstream market trends to mid- and downstream to gas and LNG to power, renewables and energy transition. At a time when African energy demand is expected to rise fourfold and energy investments will reach $54 billion by 2030, the outlook serves as a guide for financiers and project developers.

A key highlight of the 2026 outlook is a focus on Africa’s Upstream Outlook, with insights shared into exploration and production (E&P) trends, upcoming drilling campaigns and the emergence of new petroleum provinces in Africa. The outlook shows that Africa’s oil and gas production is expected to reach 11.4 million barrels per day (bpd) by 2026, with Nigeria at the forefront in terms of remaining recoverable resources. Global E&P capital expenditure is set to reach $504 billion by 2026, with Africa contributing around $41 billion, driven largely by expenditure in offshore prospects in Mozambique, Angola and Nigeria. As explorers look to make needle moving discoveries, the report shows that Africa’s abundance of immature and frontier basins are increasingly attracting exploration drilling with potentially game-changing high impact wells planned in countries such as South Africa, Namibia and Ivory Coast.

In the mid- and downstream sectors, Africa’s population and economy are expected to grow at a fast pace, driving demand for refined products. Africa’s refined product demand is projected to rise from ~4 million bpd in 2024 to over 6 million bpd by 2050, representing a 50% increase. Significant oil trading activity now takes place around Africa, mostly to sell crude oil and purchase/import refined products. However, the report shows that there is considerable opportunity to improve the efficiency of this and increase the value to Africa. More than $20 billion in investment is required in downstream infrastructure by 2050 to support the increasing need for refined product imports and distribution.

We are committed to helping Africa’s energy stakeholders navigate a complex and ever-changing global energy landscape

A section on Africa’s gas and LNG outlook provides an in-depth analysis of the market. According to the report, Africa’s gas potential is significant, buoyed by a raft of exploration successes in existing production hubs and frontiers with Africa producing more than 300 billion cubic meters of natural gas and accounting for 8.5% of global LNG supply (34.7 million tons) in 2024. The report outlines new LNG projects, including those in Angola, Senegal and Mauritania, while potential roadblocks to gas monetization and industrialization. Insights also cover domestic demand, the rise in FLNG solutions and gas flaring, thereby supporting decision-making by potential investors.

Beyond oil and gas, the report offers insights into Africa’s power and renewables sectors, showing that in 2025, the continent’s power demand is projected to increase from an estimated 1,028 TWh to 2,291 TWh by 2050. The report shows that the continent is witnessing a significant shift towards renewable energy sources, with ~25 GW of capacity procured by governments as of 2024. Additionally, ~11 GW has been secured through private offtake agreements. Africa’s commitment to renewable energy sources presents significant opportunities for investment and innovation. Over 2020-2025, the continent invested $34 billion in clean power technologies, with 52% allocated to solar energy and 25% to onshore wind. Natural gas is projected to account for 45% of total power generation by 2050.

Meanwhile, insights into Africa’s energy transition shows emerging implications for the continent. By 2060, Africa’s population is projected to rise to 28% of the global total, yet its share of energy-related emissions is expected to remain modest at just 9%, reflecting both the continent’s low per capita energy use and the opportunity to pursue a low-carbon development pathway. As such, the report shows the impact of emissions regulations, opportunities in carbon trade and the value of an integrated approach to energy development in Africa. Through these insights, the AEC’s State of African Energy 2026 Outlook represents a vital tool for investors.

“2025 has been a year of unprecedented challenges, and the trials and tribulations have made the AEC’s work more important now than ever. We are committed to helping Africa’s energy stakeholders navigate a complex and ever-changing global energy landscape. We will continue our mission to support the dynamic private sector and unlock the continent’s remarkable energy potential,” states NJ Ayuk, Executive Chairman of the AEC.

Distributed by APO Group on behalf of African Energy Chamber.

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Liberia to Preview Next Oil & Gas Licensing Round Strategy at Houston Investor Day

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The Liberia Petroleum Regulatory Authority will host operators, investors and partners in Houston on August 19 to preview future licensing opportunities and showcase the exploration potential of its offshore basins

HOUSTON, United States of America, August 7, 2026/APO Group/ –The Liberia Petroleum Regulatory Authority (LPRA) will present its strategy for the country’s next offshore licensing round at Liberia Investor Day Houston on August 19, bringing together international exploration companies, investors, service providers and energy leaders to discuss the next phase of Liberia’s upstream development.

Hosted in partnership with Energy Capital & Power, the event will provide a platform for the LPRA, led by Director General Hon. Marilyn T. Logan, to outline Liberia’s regulatory framework, investment priorities and plans to attract new participation across the country’s offshore sector. Discussions will focus on upcoming licensing opportunities, exploration prospects and the subsurface data supporting future investment decisions.

Liberia’s offshore sector is entering a new phase of exploration activity, with renewed international participation and a growing pipeline of opportunities. Following the award and ratification of eight Production Sharing Contracts in 2025, Liberia has re-established itself as a frontier exploration destination, with international operators advancing work programs designed to further evaluate the country’s petroleum potential. TotalEnergies is progressing exploration activities that include offshore geochemical surveys, 3D seismic acquisition and seabed mapping, while Oranto Petroleum has also signed contracts to explore Liberia’s offshore.

At the Liberia Investor Day Houston, the LPRA will provide industry stakeholders with insight into the priorities shaping the next licensing round, including the anticipated process, qualification requirements, available acreage and access to technical data. The engagement will give prospective investors a clearer view of Liberia’s exploration landscape and the opportunities emerging across its offshore basins.

The event will also facilitate direct dialogue between LPRA and the global upstream community, connecting companies with policymakers and industry stakeholders involved in shaping Liberia’s next chapter of petroleum development.

As exploration companies continue to seek new frontier opportunities, Liberia Investor Day Houston will highlight the role of regulatory certainty, data availability and strategic partnerships in unlocking long-term investment across Liberia’s offshore sector.

Registration is now open for attendees. Companies interested in Liberia’s emerging offshore opportunities are invited to join LPRA, investors and upstream leaders in Houston for insights into the country’s licensing strategy and exploration outlook. For more information contact info@energycapitalpower.com.

Distributed by APO Group on behalf of Energy Capital & Power.

 

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Beyond Stabroek: Guyana’s Offshore Basin Attracts New Wave of Exploration Investment

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Etu Energias

As ExxonMobil advances appraisal activity in Stabroek and new operators target frontier acreage, Guyana is attracting global capital and building a diversified offshore portfolio designed to sustain long-term growth

GEORGETOWN, Guyana, August 7, 2026/APO Group/ –Guyana’s transformation into one of the world’s fastest-growing oil producers is entering a new phase, with a growing network of IOCs expanding exploration activity across the country’s offshore basin. Beyond the landmark discoveries that first put Guyana on the global energy map, new drilling campaigns and licensing partnerships are creating a broader exploration ecosystem designed to support long-term production growth.

At the center of this momentum is ExxonMobil’s continued exploration and appraisal activity in the prolific Stabroek Block. The company has submitted a proposal for a 35-well exploration and appraisal drilling campaign, expected to run from 2028 through 2033, pending regulatory approval. The program would build on more than 30 commercial discoveries already made in the block, with drilling activity focused on evaluating new prospects and appraising existing discoveries to support future development opportunities.

Exploration activity is also extending into Guyana’s frontier acreage, with ExxonMobil advancing drilling operations at the deepwater Canje Block. The company has deployed the Noble Stena Carron drillship for exploration activity, highlighting continued industry interest in evaluating Guyana’s underexplored offshore potential beyond the established Stabroek Block.

Guyana’s strong exploration outlook comes as the country’s economy continues to benefit from rapid oil sector expansion, with hydrocarbons expected to remain a key driver of exports, government revenues and economic growth. As production scales up, attracting additional investment across exploration, services and infrastructure will be critical to supporting the next phase of development.

That momentum is being reinforced through partnerships established under Guyana’s 2023 offshore licensing round. A consortium comprising TotalEnergies, QatarEnergy and Petronas is advancing exploration activities in Block S4 under a five-year production sharing agreement signed with the government in late 2025. The award represents one of the first major outcomes of the licensing round and demonstrates continued international confidence in Guyana’s offshore resource potential.

Beyond the largest operators, a diverse group of companies is also expanding activity across Guyana’s offshore basin. Eco Atlantic is advancing exploration at the Orinduik Block; CGX Energy and Frontera Energy are progressing work in the Corentyne Block; Occidental is evaluating opportunities in the Roraima Block; while Ratio Guyana and Cataleya Energy hold interests in the Kaieteur Block. Together, these partnerships are broadening Guyana’s exploration landscape, increasing competition for acreage and creating opportunities for future discoveries.

As Guyana transitions from an emerging producer to a global energy hub, the next challenge will be converting exploration success into sustainable investment, local value creation and regional growth. These opportunities will be explored at Caribbean Energy Week 2027, held under the theme “Unlocking the Caribbean Energy Corridor: Oil, Gas, LNG & Investment for a New Global Hub.” Bringing together governments, IOCs, investors and technology providers, the event will examine how Guyana’s expanding partnerships can accelerate offshore development, strengthen regional energy cooperation and attract the capital needed to support the Caribbean’s evolving energy landscape.

Distributed by APO Group on behalf of Energy Capital & Power.

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Energy Capital & Power Establishes London Entity, Expanding Global Platform for Energy and Mining Events

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Energy

The move strengthens ECP’s presence in the UK and Europe, and its ability to connect African and South American markets with global investors

LONDON, United Kingdom, August 6, 2026/APO Group/ –International events company Energy Capital & Power (ECP) (www.EnergyCapitalPower.com) has officially established its UK entity in London, marking a milestone in the company’s growth strategy and reinforcing its ability to deliver world-class energy and mining events and campaigns in the UK and Europe.

By establishing a presence in a key hub like London – the pre-eminent energy and mining finance center – ECP actively shapes the global energy conversation. The expansion positions ECP to better serve clients, partners and investors seeking to develop business opportunities between Africa, Europe, the Americas and energy markets worldwide.

Opening our UK company brings ECP closer to key investors in the global energy finance capital

The milestone comes as ECP strengthens its reach through a series of investment platforms that connect global capital to energy and mining projects. These include the Venezuela Energy Week London Showcase on July 30 – with over 300 delegates registered – and the annual Invest in African Energy Forum, held in Paris as the premier event connecting global investors to Africa’s energy transformation.

ECP hosts high level summits and investor conferences in leading energy and minerals producing countries in Africa and South America, including: Venezuela Energy Week; Angola Oil & Gas; MSGBC Oil, Gas & Power; African Mining Week; Libya Energy & Economic Summit; Congo Energy & Investment Forum; South Sudan Oil & Power; and Caribbean Energy Week. The company has hosted investor forums and supported licensing round roadshows in Houston, London and Paris since 2016.

“Opening our UK company brings ECP closer to key investors in the global energy finance capital,” states CEO James Chester. “Having a permanent presence in London further cements our footprint in Europe, enabling us to fulfil our mission to bring minerals and energy investment to diverse global markets.”

With teams located across Africa, Europe and the Americas, ECP has long-facilitated strategic engagement, market intelligence and industry convening, uniting investors with leading energy and mining projects.

Distributed by APO Group on behalf of Energy Capital & Power.

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