As Libya launches a series of upstream exploration and gas development projects, S&P Global Commodity Insights will leverage market data and analytics to drive the narrative of the upcoming summit

S&P Global Commodity Insights provides a 360-degree view of global capital and commodity markets, including Libya, which is in the midst of a major upstream investment campaign

CAPE TOWN, South Africa, August 5, 2024/APO Group/ —

S&P Global Commodity Insights has joined the 2025 Libya Energy & Economic Summit (LEES) as a Knowledge Partner, delivering high-level market intelligence to attract capital, technology and expertise to Africa’s largest oil producer.

A leading financial information and market analytics firm, S&P Global Commodity Insights provides information, credit ratings, benchmark prices and analysis for global energy and commodities markets. As investors seek to make informed decisions around the future of Africa’s energy sector and transition, S&P Global Commodity Insights offers data-driven, technology-focused solutions for navigating complex and rapidly shifting industry dynamics. The company will help shape the LEES 2025 agenda – as well as leverage its network to attract delegates and speakers – under its partnership with Energy Capital & Power, organizers of the upcoming summit.

The Libya Energy & Economic Summit takes place in Tripoli from January 18-19, 2025. The event follows a highly impactful 2024 edition held in official partnership with the Office of the Prime Minister, the National Oil Corporation and the Ministry of Oil and Gas. For more information about sponsorship, partnerships or registration, visit www.LibyaSummit.com and secure your spot at the country’s premier energy platform.

Libya is undergoing a dynamic energy sector transformation, as it looks to boost oil production to 2 million barrels per day by 2027 while aligning with long-term decarbonization goals. International energy majors like TotalEnergies, Eni, Repsol, Equinor and bp have recommitted to exploration drilling activities, while a new oil and gas licensing round and 45 greenfield and brownfield projects are in the pipeline, led by Libya’s National Oil Corporation. Meanwhile, large-scale gas development projects are underway – including an $8-billion gas production deal with Eni – to enhance national energy security as well as regional gas trade to Europe.

“Through its proprietary data, research and analysis, S&P Global Commodity Insights provides a 360-degree view of global capital and commodity markets, including Libya, which is in the midst of a major upstream investment campaign. This partnership will ensure that participants at the upcoming summit will come away with next-level insights into the trajectory of Libya’s energy sector and the role they can play in achieving target outcomes,” says James Chester, ECP CEO.

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

The Angola Oil & Gas pre-conference technical program provides insight into emerging technologies, industry trends and strategies for unlocking high returns in hydrocarbon development

LUANDA, Angola, August 5, 2024/APO Group/ —

Pan-African legal, tax and business advisory conglomerate CLG – formerly Centurion Law Group – will lead a workshop ahead of the Angola Oil & Gas (AOG) conference this October (2-3). The workshop – part of the pre-conference technical program on October 1 – will delve into the state of play of Angola’s Merger & Acquisition (M&A) landscape, including key concepts in oil and gas contracts and creating mutually beneficial deals in Angola.    

The CLG session will be led by CEO and Managing Partner Zion Adeoye and is tailored for government officials and regulators; foreign investors seeking opportunities in Angola; private sector operators; legal and financial advisors, and more. Titled Investing, Mergers and Acquisitions: Getting the Deal Done, the session will explore balancing stakeholder objectives, creating awareness of the Angolan regulatory industry and supporting deal-making in 2024 and beyond.  

AOG is the largest oil and gas event in Angola. Taking place with the full support of the Ministry of Mineral Resources, Oil and Gas; national oil company Sonangol; the National Oil, Gas and Biofuels Agency; the African Energy Chamber; and the Petroleum Derivatives Regulatory Institute, the event is a platform to sign deals and advance Angola’s oil and gas industry. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.  

As one of the largest oil and gas producers in Africa, Angola has garnered a reputation for being a business-friendly market. Over the years, the country has instituted a complete overhaul of its oil and gas regulatory landscape under efforts to attract foreign companies to invest. In 2019, the government introduced a six-year licensing round offering regular block opportunities for companies. Shortly after this, the government introduced a rick-reducing alternative, with the reformed Petroleum Activities Law allowing the country to award risk service contracts when the public bid process is unlikely to succeed.  

Beyond licensing rounds, the country has 11 blocks on permanent offer, providing companies with the chance to invest out of the confines of traditional bid rounds. Companies can engage the national concessionaire – the National Oil, Gas & Biofuels Agency – to participate in these blocks.  

Meanwhile, to remain competitive for foreign investment, Angola has implemented a series of measures to enhance the investment landscape. These include incentives on deepwater projects, offering attract fiscal terms for onshore exploration and incentivizing local Angolan companies through a renewed Local Content Law. Additional reforms include a Tax Benefit Code enacted in 2022 and amended fiscals associated with incremental production. With these, the government is prioritizing an enabling environment for companies to do business, therefore laying the foundation for a wave of M&A deals across the Angolan oil and gas industry.  

To support deal signing, the CLG-led workshop at the AOG pre-conference technical program will explore the nuances of oil and gas contracts, from conceptualizing to drafting to reviewing, negotiating, novating and terminating agreements. The session will delve into the fundamental principles of deals, stakeholder objectives, phases of contracts, contracts in the Angolan context and critical issues regarding M&A deals.  

Attendees will gain insight into optimal contract structuring, generate a better-understanding of different objectives while expanding their knowledge on best practices and international standards. Participants will be granted insight into real-life examples of success stories and failures across the continent.  

Don’t miss this opportunity to gain strategic insights from industry expert Adeoye and explore the Angola’s M&A industry. To register for the workshop and the AOG conference, visit  https://apo-opa.co/46CQnhQ or contact us at sales@energycapitalpower.com. Access the pre-conference technical program here. https://apo-opa.co/4c7qWG8

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

IHG will help support and fund Action Against Hunger’s nutrition programmes, with a specific focus on screening initiatives designed to spot early signs of malnutrition in children

IHG’s generous support will help advance our work to create a world where every life is well nourished

DUBAI, United Arab Emirates, August 2, 2024/APO Group/ —

IHG Hotels & Resorts (www.IHG.com), one of the world’s leading hotel companies, is proud to announce a new multi-year partnership with global NGO Action Against Hunger (http://apo-opa.co/4dmuW7j) in support of its invaluable work to combat food insecurity and hunger for millions of people around the world. 

It’s estimated that one in three people globally are uncertain where their next meal is coming from, due to poverty, conflict, inefficient food systems and climate change. Through thousands of hotels in communities across more than 100 countries, IHG has long supported efforts to improve food security, alongside supporting disaster relief efforts and providing skills training, as part of a pledge to improve the lives of 30 million people in its Journey to Tomorrow responsible business plan.   

For decades, Action Against Hunger has been preventing, detecting and treating hunger, with its world-renowned screen, treat and sustain programme providing help across East Africa, Central Africa, West Africa, Asia, the Americas, Middle East and Europe. IHG will help support and fund Action Against Hunger’s nutrition programmes, with a specific focus on screening initiatives designed to spot early signs of malnutrition in children and provide potentially lifesaving treatment through local community outreach programmes. IHG will also seek to grow awareness of this critical issue with millions of guests around the world and give them the opportunity to donate IHG One Rewards points to the cause (https://apo-opa.co/3yd9z9b), starting today. For example, every 10,000 points donated is enough to screen approximately 124 children for malnutrition, an essential first step toward the care they need and on average, 7,500 points can support a malnourished child with nutritious food for six weeks and help bring them back to health.

Elie Maalouf, CEO, IHG Hotels & Resorts, said “Food sits at the heart of our hotels and hospitality, nourishing people and communities, and yet sadly we know it remains in desperately short supply for millions of people, despite enough being produced to feed everyone on the planet.  

This is a problem the world can solve if societies, organisations and businesses work together. IHG Hotels & Resorts is proud to partner with Action Against Hunger on their life saving work, in addition to the many other long-standing partnerships we have with incredible charities in local markets. Collectively we want to help create lasting change in a world where people are nourished, always welcome, and always respected.”

Ashwini Kakkar, Chair, Action Against Hunger International Network, said, “While hunger is a widespread challenge, for the first time in human history, we have the ability to end chronic hunger for everyone, for good. Realising that vision will take bold action and we are grateful for IHG’s will, wisdom and leadership in advancing this vital cause. Hunger makes it harder for hundreds of millions of people around the world to learn, work, dream and realise their full potential. IHG’s generous support will help advance our work to create a world where every life is well nourished.”    

As part of IHG’s purpose to provide True Hospitality for Good, this work will complement existing partnerships IHG and its hotels have in many local markets that together aim to strengthen the food system in a community – from providing training and tools to reduce food waste, to diverting surplus food to those in need. Existing partnerships focused on food security for IHG include local foodbanks, No Kid Hungry in the US, OzHarvest in Australia and Too Good To Go in Europe.   

Distributed by APO Group on behalf of IHG Hotels & Resorts.