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Talks With Hyve Group/Africa Oil Week Are Officially Off; African Energy Week (AEW) Scheduled for October 16-20 in Cape Town

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African Energy Week

Having reached out on multiple occasions to Africa Oil Week, African Energy Week will no longer pursue collaboration with the conference or event organizers and will continue to work towards supporting Africa’s energy sector and making energy poverty history at AEW 2023

JOHANNESBURG, South Africa, December 12, 2022/APO Group/ — 

While African Energy Week (AEW) (www.AECweek.com) organizers, the African Energy Chamber (AEC), have made continuous efforts to engage with Africa Oil Week (AOW), these efforts have been in vain, with AOW expressing complete disinterest in collaborating towards a singular, pan-African event. As such, talks with AOW are officially over and AEW will press on with its commitment of alleviating energy poverty, improving Africa-directed investment while developing the entire African energy sector and value chain in pursuit of industrialization and socioeconomic growth.

“Am neither a Putz nor a Schmock. We listened to the industry on the need to work together. We have reached out time and time again to AOW in the hopes of collaborating, and yet they refuse to work with us. Sad. They are still bitter that we called them out for abandoning Africa to go to Dubai in 2021 as well as for putting Ministers and officials on their agenda that do not show up and misleading people. They are not even happy that we are participating in a discourse about Africa’s energy future. Let me be clear: Africans deserve every right to have a seat at the table and we should not apologize for demanding it,” states NJ Ayuk, Executive Chairman of the AEC.

“We are not interested in rivalry and polarization but are committed towards supporting our energy sector and making energy poverty history by 2030. This is our goal, and it should be the goal of AOW. So now, AEW will press on with its agenda with the 2023 edition promising to be even bigger, bolder, and better than the editions that preceded it. You just watch what will happen in 2023. We will outwork them, and we will compete to promote every African country and we will support our energy sector like never before,” concluded Ayuk.

AEW 2023 will push for an energy mix, the utilization of oil, gas and coal to solve our ongoing energy crisis

AEW has emerged as the biggest gathering for African policymakers and governments, public sector companies and regulators, regional and international players as well as private sector executives and investors to discuss the state of play of Africa’s energy future. AEW 2022 featured African presidents to the likes of H.E. Yoweri Museveni, President of Uganda and H.E. Filipe Nyusi, President of Mozambique, as well as ministers from South Africa, South Sudan, Equatorial Guinea, Senegal, Mozambique, Congo-Brazzaville, Ghana, Niger and many more, alongside delegations from OPEC, the U.S, the European Commission, Russia and Saudi Arabia. This year 26 delegations were present; 47 ministries, 4,200 attendees – of which 81% were from outside of South Africa and 19% in-country – 44 sponsors; 20 partners; and 17 exhibitors.

Building on the 2022 edition’s success, AEW 2023 plans to increase these figures two-fold, diversifying conference topics, hosting a multitude of country delegations and private sector executives, while offering new and improved networking forums that promise new opportunities for partnerships and collaborations. Making energy poverty history by 2030 will require significant levels of investment, and as such, AEW 2023 will focus on deal signing, connecting investors with African opportunities while making a strong case for African-driven financial agreements.

In the 2022-2023 context, African and global energy demand continues to soar, prices remain unstable, while supply ever-volatile, emphasizing the need and role of African producing countries to ramp up exploration, bring new supplies on the market while enhancing infrastructure and distribution networks both intra- and inter-continentally. The year 2022 has made clear the role African hydrocarbon resources will play in the world’s future energy mix, and while global pressures continue to mount with regards to the energy transition and the abandonment of fossil fuels, Africa’s oil and gas remains key for driving economic growth and prosperity.

As such, AEW 2023 will feature strong discussions on the need for an integrated energy mix in Africa, one that incorporates oil, gas, coal and renewables energies. As an event, AEW welcomes the role renewables play in Africa, but also recognizes that the intermittent nature of these resources will essentially restrict any meaningful efforts of making energy poverty history by 2030. In this scenario, the utilization of a mixed resource pool will ensure the adequate resources are available for the continent to industrialize and grow.

In 2023, AEW will push forward with driving new investment in African energy; making a case for financing our own future; enhancing local content and the participation of women in energy; while driving a just and inclusive energy transition on the back of every resource available on the continent. AEW 2023 will push for an energy mix, the utilization of oil, gas and coal to solve our ongoing energy crisis.

The 2023 edition of Africa’s premier event for the oil and gas industry, AEW, will take place from October 16-20 in Cape Town under the same mandate of making energy poverty history by 2030. Since the event’s inauguration in 2021, organizers have been committed to providing an Africa-based platform where discussions on Africa’s energy future can be held and driven by African stakeholders. In 2023, this agenda will continue, with the event now representing the biggest of its kind to ever take place on the African continent. 

Distributed by APO Group on behalf of African Energy Week (AEW).

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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