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South Africa’s Central Energy Fund (CEF) Returns as Platinum Sponsor of African Energy Week (AEW) 2024, Catalyzing Economic and Energy Sector Growth

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Central Energy Fund

South Africa’s Central Energy Fund will participate at African Energy Week: Invest in African Energy 2024 as a key sponsor and exhibitor, affirming its commitment to driving energy security across the SADC region

CAPE TOWN, South Africa, June 28, 2024/APO Group/ — 

South Africa’s diversified energy company Central Energy Fund (CEF) will join the African Energy Week (AEW): Invest in African Energy conference – scheduled for 4-8 November in Cape Town – as a Platinum Sponsor and Gold Exhibitor, marking its third consecutive year sponsoring Africa’s premier energy event. CEF’s participation underscores its commitment to driving energy security and sustainable development across southern Africa, with the merger of three CEF subsidiaries set to streamline operations and improve efficiency within the sector.

This year marks a pivotal turning point for South Africa’s petroleum industry, as CEF subsidiaries – national oil company PetroSA, iGas and the Strategic Fuel Fund – merge to form the South African National Petroleum Company (SANPC). SANPC will initially be incorporated as a subsidiary of the CEF Group until the National Petroleum Bill is promulgated into law​. The national petroleum company will focus on oil and gas exploration, production, midstream and downstream operations and infrastructure development, with a broad mandate to acquire, generate, manufacture, market and distribute various forms of energy, including renewables.

CEF plays a pivotal role in South Africa’s energy landscape and the SADC region, continuously driving innovation and sustainability

AEW: Invest in African Energy is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.

To date, CEF has played a key role in addressing South Africa’s energy needs and driving regional energy development. With activities spanning oil, gas, coal, renewables and alternative energies, the company is committed to ensuring South Africa’s energy security and that of the broader Southern African Development Community. Through its proactive engagement and strategic investments across diverse energy sub-sectors, CEF not only serves to bolster the stability of energy South Africa’s supplies, but also pioneer sustainable practices that harmonize economic growth with environmental stewardship.

CEF is currently in the process of acquiring South Africa’s largest oil refinery, the 180,000-barrel per day Sapref plant. The acquisition is seen as a crucial step toward expanding the country’s refining capacity and supporting CEF’s growth strategy. By acquiring Sapref – a joint venture between Shell and bp – CEF aims to stabilize the country’s fuel supply chain, mitigate risks associated with fuel imports and create job opportunities. Moreover, with over 50 million barrels of fuel storage capacity, CEF stands poised to address growing domestic and regional demand for refined petroleum products, ensuring sustained energy provision across Mpumalanga and the Western Cape.

In addition to its operations in South Africa, CEF’s influence extends across the continent through strategic partnerships and investments. CEF recently concluded its acquisition of a 30% stake in the Republic of Mozambique Pipeline Company (Rompco), alongside Companhia Moçambicana de Gasoduto. The move solidifies CEF’s role in the ownership structure of Rompco, a critical infrastructure asset operating the 865-km gas transmission pipeline from Mozambique to South Africa. Additionally, CEF is at the forefront of developing and commercializing alternative energy resources and innovative technologies, with its portfolio including a 15% stake in the 100 MW Redstone Solar Thermal Power Plant and Molten Salt Energy Storage System.

“CEF plays a pivotal role in South Africa’s energy landscape and the SADC region, continuously driving innovation and sustainability. The merger of CEF subsidiaries to form the newly anointed SANPC marks a pivotal step forward in streamlining operations, enhancing efficiency and driving new energy exploration and production,” states NJ Ayuk, Executive Chairman of the African Energy Chamber. “With its Platinum Sponsorship, CEF will play a central role in fostering collaboration and showcasing its capabilities at AEW 2024: Invest in African Energy.”

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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