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South Sudan’s Petroleum Minister Joins African Energy Week (AEW) 2024 Amid Strategic Oil Sector Development

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African Energy Chamber

Puot Kang Chol, South Sudan’s Minister of Petroleum, will join AEW 2024 to highlight efforts by the ministry to revitalize the oil sector through transformative infrastructure and investment initiatives

CAPE TOWN, South Africa, October 9, 2024/APO Group/ — 

South Sudan’s energy sector is undergoing a transformative phase, marked by strategic agreements focused on developing export routes, boosting refining capacity and expanding midstream infrastructure. To secure new investment in support of these goals, South Sudan’s Minister of Petroleum Puot Kang Chol will speak at the African Energy Week (AEW): Invest in African Energy 2024 conference – scheduled for November 4-8 in Cape Town. During the event, Minister Chol will discuss the nation’s progress in expanding its oil export infrastructure and explore broader investment opportunities in South Sudan’s energy sector.

One of the primary areas of focus for South Sudan is increasing regional petroleum trade. A key project that is currently in the planning stage is a $778-million infrastructure initiative developed in collaboration with Ethiopia. Aimed at enhancing oil transportation, the project includes the construction of a 220-km road linking Upper Nile State in South Sudan to the Ethiopian border. A second pipeline will also be developed to connect South Sudan with the Port of Djibouti. During AEW: Invest in African Energy 2024, Minister Chol will provide insight into the strategic investment opportunities across this project.

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 http://www.AECWeek.com for more information about this exciting event.

South Sudan remains a highly attractive destination for investment, especially in its oil sector

South Sudan is pursuing an ambitious plan to increase its oil production to 230,000 barrels per day (bpd) in the short term, with a long-term goal of reaching 450,000 bpd. Despite being East Africa’s only major oil producing nation, the country currently relies heavily on pipeline infrastructure through Sudan. The existing PetroDar pipeline, which currently transports approximately 100,000 bpd of South Sudan’s Dar Blend crude oil from Blocks 3E and 7E to Port Sudan, has encountered significant challenges, including stoppages and gelling issues. These challenges could impact the country’s ability to efficiently achieve these production targets. As such, the country is focusing on projects that reduce this reliance by offering diverse export options for South Sudanese oil.

Specifically, South Sudan recently entered into discussions with China National Petroleum Corporation (CNPC) to advance the cross-border pipeline project with Ethiopia. These discussions include plans to increase crude oil production, build a new refinery and strengthen the oil distribution network, which is expected to significantly enhance South Sudan’s energy infrastructure and its ability to export oil efficiently. The overall aim is to maximize output at South Sudanese blocks, boosting regional trade and development. To further reduce the country’s dependency on existing infrastructure, South Sudan’s national oil company Nile Petroleum Corporation signed a Memorandum of Understanding (MoU) with Chinese firm Shengli Oilfield Keer Engineering and Construction Company. The companies are looking at building a modern oil refinery and storage facilities in the country, marking a step toward enhancing the nation’s energy capacity and attracting investment.

To address export challenges and bolster its midstream capacity, Nile Services and Logistics Company, a subsidiary of Nilepet, signed a MoU with oil and gas company Zenith Energy. This partnership focuses on exploring opportunities for constructing storage tanks, pipelines and crude oil storage facilities, which are essential to strengthening South Sudan’s energy security infrastructure and supporting the nation’s efforts to fully harness its oil resources. Alongside this, the Greater Nile Oil Pipeline, with a capacity of 250,000 bpd, remains a critical component of the country’s oil export strategy.

“South Sudan remains a highly attractive destination for investment, especially in its oil sector. The government’s proactive measures to enhance oil infrastructure, combined with strong partnerships with industry leaders, demonstrate a clear commitment to unlocking the country’s vast resources and driving economic growth. These initiatives present major opportunities for investors looking to engage in a market with immense potential,” states NJ Ayuk, Executive Chairman of the African Energy Chamber.

At AEW: Invest in African Energy 2024, Minister Chol will discuss South Sudan’s advancements in oil export infrastructure and broader investment opportunities in the country’s energy sector. He will provide details on the ongoing projects and facilitate discussions with global stakeholders on potential investment avenues.

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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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).

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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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