Connect with us
Anglostratits

Business

Nigeria’s Philip Mshelbila Elected Gas Exporting Countries Forum (GECF) Secretary General in Defining Moment for African Gas

Published

on

African Energy Chamber

The African Energy Chamber believes that this milestone affirms the continent’s rising role in the global gas market

JOHANNESBURG, South Africa, October 24, 2025/APO Group/ –Philip Mshelbila, Managing Director of Nigeria LNG Limited, has been elected Secretary General of the Gas Exporting Countries Forum (GECF). Mshelbila assumes the position from outgoing Secretary General Mohamed Hamel, who led the organization through a period of significant growth and development. As a leading voice in global gas dialogue, the GECF unites major producers under a common goal of promoting dialogue and advancing energy security worldwide. With leadership moving from one African to another, the GECF’s selection cements Africa’s prominence in global gas discussions and is expected to support the continent’s efforts to position gas as the energy solution of the future.

As the voice of the African energy sector, the African Energy Chamber (AEC) welcomes Mshelbila’s appointment as a momentous step for African representation within global energy governance. The AEC has long-advocated for the role natural gas plays, both in Africa’s and the world’s future energy mix. Under Mshelbila’s leadership, African gas producers will gain a stronger platform to influence global energy decisions, while aligning international policies with the continent’s development objectives. The AEC also commends Nigeria’s Minister of State for Petroleum Resources (Gas) Ekperikpe Ekpo, who has been selected as President for the 2026 GECF Ministerial Meeting.

With leadership moving from one African to another, the GECF will continue making gas the priority of our continent’s development

“With African leadership at the helm of the GECF, we have the opportunity to shape global gas dialogue, advocate for fair investment and position our gas as a cornerstone of global energy security. We thank outgoing Secretary General Hamel, who has been a great friend and partner of the AEC and of Africa. He brought Mauritania, Mozambique, Angola and Senegal into the global gas family and championed the fight against energy poverty. With leadership moving from one African to another, the GECF will continue making gas the priority of our continent’s development,” states NJ Ayuk, Executive Chairman of the African Energy Chamber.

The appointments come as African nations emerge as drivers of global gas production. From established gas markets such as Nigeria, Angola, Libya and Algeria, to emerging producers such as Senegal, Mauritania, Mozambique and the Republic of Congo, Africa is rapidly positioning gas as a central component of the continent’s development future. For Nigeria, the appointment of Mshelbila comes as the country continues to advance its LNG ambitions. With the Nigeria LNG facility producing since 1999, the country has put in place measures to strengthen capacity and exports. The development of a seventh train – which will increase production from 22 million tons per annum (mtpa) to 30 mtpa – is a cornerstone of this strategy. Train 7 is expected to come online in 2025.

Beyond Nigeria, Angola is developing its first non-associated gas project – led by the New Gas Consortium – which will provide feedstock to the Angola LNG plant. The project is expected to come online in late-2025 and following the country’s first gas discovery at Block 1/14 earlier this year. Algeria and Libya are also ramping up production with a view to increase exports to Europe. Algeria plans to increase production to 200 billion cubic meters by 2030 while Libya is developing a series of projects – including Structures A&E.

Africa’s gas production is expected to get a major boost through the emergence of new LNG players. In 2025, the Greater Tortue Ahmeyim development – situated on the maritime border of Senegal and Mauritania – began production. The first phase has a capacity of 2.3 mtpa, while a planned second phase will double production to 5 mtpa. Mozambique is also making forays into LNG production with a series of major projects in the Rovuma Basin. The country started LNG production at the Coral Sul FLNG vessel in 2022 and is now advancing the development of the TotalEnergies-led Mozambique LNG project, the ExxonMobil-led Rovuma LNG project and the Eni-led Coral North project. In 2025, Coral North reached a final investment decision (FID), while FID for the Rovuma project is expected in 2026. In Central Africa, the Republic of Congo recently joined the ranks of African LNG producers with the start of Congo LNG in 2024. The first phase of the project has a capacity of 600,000 tons per annum while a planned second phase increases output to 3 mtpa. The second phase will come online in 2025.

Meanwhile, new frontiers are fast emerging. Zimbabwe is pursuing its first natural gas development in the Cabora Bassa Basin, where exploration by Invictus Energy has already confirmed the presence of substantial hydrocarbons. Tanzania is advancing plans for a $42-billion LNG terminal in Lindi, expected to unlock more than 57 trillion cubic feet of reserves. Together, these projects illustrate a continental shift toward harnessing gas as a catalyst for industrialization, power generation, and sustainable growth.

Distributed by APO Group on behalf of African Energy Chamber.

Home  Facebook

Energy

Venezuela Energy Week Confirms 19 August Date for Houston Industry Showcase

Published

on

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.

Continue Reading

Business

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

Published

on

IsDBI

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).

Continue Reading

Business

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

Published

on

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.

 

Continue Reading

Trending