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African Energy Chamber and Gazprom to Host International Gas Roundtable to Discuss Economic Development and the Role of Gas

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With noteworthy gas projects underway in Africa, the International Gas Round table hosted by the African Energy Chamber and Gazprom, serves as a perfect platform to propel industry forward

JOHANNESBURG, South Africa, June 19, 2023/APO Group/ — 

The African Energy Chamber (AEC) (http://www.EnergyChamber.org) and Russia’s Gazprom are joining forces to host the prestigious International Gas Roundtable, an exclusive event dedicated to highlighting the pivotal role of gas in fostering economic development. Taking place on June 22, 2023, at the esteemed Leonardo Hotel in Johannesburg, this gathering will bring together industry experts, government officials, business leaders and media representatives for insightful discussions and impactful deliberations.

With Africa boasting a significant 620 trillion cubic feet gas reserves, the role of gas to transform the continent’s energy sector cannot be understated. Under the theme ‘The Benefits of Natural Gas for the Population and the Economy,’ this one-day event will feature engaging roundtable discussions and thought-provoking presentations from experts at Gazprom, as well as representatives from various African countries. The aim is to facilitate knowledge exchange, foster collaboration, and promote the sustainable development of gas resources across the African continent for the benefit of local economies.

We are thrilled to host this event in partnership with Gazprom, as it presents a remarkable opportunity for Africa to harness the transformative power of natural gas

The event will attract prominent energy industry professionals, government regulators, business leaders, experts, and media representatives from South Africa, Algeria, Angola, Ghana, Egypt, Kenya, Morocco, Mozambique, Nigeria, Tanzania and Equatorial Guinea. This diverse gathering of stakeholders will provide a unique platform to explore innovative strategies, share best practices, and shape the future of the gas sector in Africa.

Playing a pivotal role in ensuring energy security and supporting the energy transition, gas serves as an important component within Africa’s energy landscape. Several African nations have become significant gas producers, such as Algeria which boasts abundant natural gas reserves and has established itself as a gas exporter; and Nigeria who has produced gas to diversify its energy mix along with its production of oil. Meanwhile, Mozambique has also emerged as a notable key player in the gas industry with significant offshore discoveries and its recent achievement of its Coral Sul’s first shipment of liquefied natural Gas to Croatia. By harnessing their gas resources, these African countries are not only bolstering their energy security but also diversifying their economies and attracting investments in infrastructure, power generation, and industrial sectors.

The collaboration between the African Energy Chamber and Gazprom signifies a significant milestone for the gas industry in Africa. Gazprom, a renowned global energy company, brings a wealth of expertise in various facets of the energy sector, including exploration, production, transportation, storage, processing, and sale of gas, gas condensate and oil. Additionally, its involvement extends to the generation and marketing of heat and electric power. With Gazprom’s extensive knowledge and experience, its valuable insights and perspectives is set to contribute immensely to the event. This collaboration not only showcases the AEC’s commitment to fostering partnerships with industry leaders but also highlights its dedication to driving sustainable development and growth in the African gas industry. Together, the AEC and Gazprom, along with African leaders and industry role-players, aim to unlock the immense potential of the gas industry in Africa, fostering economic and sustainable development and bolstering energy security.

“We are thrilled to host this event in partnership with Gazprom, as it presents a remarkable opportunity for Africa to harness the transformative power of natural gas. The importance of gas in driving economic development cannot be overstated. By leveraging the expertise of Gazprom and tapping into the collective wisdom of industry leaders, government officials, and experts, we can pave the way for a sustainable energy future that propels Africa’s growth and prosperity,” states NJ Ayuk, Executive Chairman of the AEC.

For more information about this event, contact visit: https://EnergyChamber.org/contact/

Distributed by APO Group on behalf of African Energy Chamber.

Energy

Venezuela Energy Week Confirms 19 August Date for Houston Industry Showcase

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Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the Houston Industry Showcase will take place on 19 August, convening U.S. energy leaders ahead of Venezuela Energy Week 2027 in Caracas

HOUSTON, United States of America, August 10, 2026/APO Group/ –The organizers of Venezuela Energy Week (VEW) have confirmed that the Houston Industry Showcase will take place on 19 August 2026 at The Post Oak Hotel. Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the event will bring together U.S. energy companies, investors and policymakers to explore commercial opportunities ahead of Venezuela Energy Week 2027 in Caracas in February.

The showcase will feature Minister of Hydrocarbons Paula Henao as a keynote speaker, providing an update on Venezuela’s energy priorities, investment agenda and opportunities for international partnership. Her participation underscores the country’s commitment to strengthening engagement with global industry as it seeks to expand production and unlock new upstream investment.

Bringing together exploration and production companies, independent operators, oilfield service providers, engineering firms, technology companies and financial institutions, the Houston Industry Showcase will examine opportunities across exploration, production optimization, infrastructure rehabilitation and field development.

As Venezuela works to increase oil and gas production, demand is expected to grow for the technical expertise of U.S. service providers in drilling, well intervention, completion services, production optimization, artificial lift, digital oilfield technologies and infrastructure rehabilitation. Houston-based industry leaders – including SLB, Halliburton, Baker Hughes, Weatherford and a broad network of EPC contractors, equipment manufacturers and specialized service companies – are well positioned to support the modernization of mature fields, improve operational efficiency and deliver the technologies and services needed for future upstream projects.

The Houston event follows a successful Industry Showcase in London, which brought together international investors, operators and energy service companies to explore Venezuela’s evolving investment landscape. Building on that momentum, the Houston edition will deepen engagement with the U.S. energy industry and strengthen commercial dialogue ahead of Venezuela Energy Week 2027.

Venezuela Energy Week – the country’s largest energy investment platform to date – has been confirmed for 22–25 February 2027 in Caracas. Organized by Energy Capital & Power, the event will bring together government leaders, investors and industry stakeholders from across the global energy value chain.

To register for the Houston Industry Showcase on August 19, visit https://apo-opa.co/4g0TncR. To learn more about delegate, sponsorship and partnership opportunities for the showcase or to secure your place at Venezuela Energy Week 2027 in Caracas, contact info@venezuelaenergyweek.com.

Supporting Venezuela’s Earthquake Recovery
Our thoughts are with the people and communities affected by the recent earthquakes in Venezuela. As the country begins the long process of recovery, we encourage members of the global energy community to support relief and reconstruction efforts through the CAF Recovery and Reconstruction Fund for Venezuela, which channels contributions from individuals, companies and organizations to emergency assistance, essential services and long-term rebuilding efforts.

To learn more or make a contribution, please visit the CAF Recovery and Reconstruction Fund for Venezuela (https://apo-opa.co/4hkvteE).

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

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Islamic Development Bank Institute (IsDBI) Secures New Patent for Smart Stabilization System from Intellectual Property Office of Singapore

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The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility

JEDDAH, Saudi Arabia, August 10, 2026/APO Group/ –The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) is pleased to announce that the Intellectual Property Office of Singapore (IPOS) has granted a new patent for its innovative Smart Stabilization System.

 

The patent was granted on 10 July 2026 under Singapore Patent No. 10202250873B for the invention titled “A Computer Network Stabilization System and Method.” The patent application was filed on 1 September 2022 and was formally granted following a comprehensive review process.

This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility. Leveraging sophisticated algorithms and advanced simulation models, the system is designed to anticipate supply and demand imbalances and implement programmable stabilization measures before they escalate into market disruptions.

Unlike traditional stabilization mechanisms that rely on capital reserves, buffer funds, or external interventions, the Smart Stabilization System introduces a next-generation framework for achieving autonomous market stabilization through proactive and programmed stabilization mechanisms. By incorporating distributed ledger technology and cryptographic trust mechanisms, the platform enhances transparency, trust, and operational resilience for digital asset and commodity markets.

The successful patent grant reflects IsDBI’s growing contribution to technological innovation and its commitment to developing knowledge-based solutions that address contemporary economic and development challenges.

Since filing the patent application back in 2022, the Institute has continued to advance the Smart Stabilization System through ongoing development and testing, aimed to expand its practical applications and support future capitalization opportunities. These advancements have positioned the system as a potentially transformative solution for enhancing stability and resilience in increasingly digital and interconnected economies.

Commenting on this occasion, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, said, “The grant of this patent by the Intellectual Property Office of Singapore further strengthens the Institute’s position as a leader in developing innovative knowledge-based solutions that leverage modern technologies to address complex development challenges. This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development.”

Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).

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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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