Connect with us
Anglostratits

Business

Washington Positions United States (U.S.) as Africa’s Strategic Energy Partner

Published

on

African Energy Chamber

U.S. Senator Ted Cruz delivered one of the strongest endorsements to date of Africa’s role in the next phase of global energy development at African Energy Week 2025, emphasizing the importance of U.S. leadership and private investment

CAPE TOWN, South Africa, October 9, 2025/APO Group/ –U.S. Senator Ted Cruz has called for a new era of partnership between the United States and Africa, framing the continent as both a strategic ally and an emerging powerhouse for global energy investment.

Speaking at African Energy Week (AEW): Invest in African Energies in Cape Town, Cruz said the U.S. must become a strong and committed partner in advancing Africa’s energy ambitions through exploration, production and infrastructure investment.

“Africa is a strategic partner,” he said. “The U.S. is Africa’s partnership alternative to communist China, and we’re here today to create that robust alternative. We’re changing the paradigm. U.S. Africa policy now revolves around investment-led commercial diplomacy.”

Cruz drew parallels between Texas’ energy-driven economy and Africa’s resource potential, describing how energy had delivered millions of jobs and billions in economic value to the U.S. “As a Texan, I understand the immense benefit that comes with being blessed with abundant resources,” he said. “Texas is rightly known as the energy capital of the world. I believe the United States should be a strong and committed partner in Africa’s energy future.”

Cruz’s comments come as the U.S. seeks to strengthen commercial ties with African producers amid growing competition from China and Gulf nations. While Beijing has spent two decades building deep energy and infrastructure links across the continent, U.S. officials are increasingly emphasizing private investment and positioning themselves as partners focused on mutually beneficial projects rather than aid.

By positioning the U.S. as a “robust alternative,” Cruz emphasized that engagement should focus on transparent, market-driven investment. “Together the U.S. and Africa can secure a safer, freer and more prosperous energy future,” he said.

Together the U.S. and Africa can secure a safer, freer and more prosperous energy future

DOE Backs Strategy 

The senator’s remarks were echoed by senior U.S. energy officials, reinforcing a multi-agency push to boost investor confidence and expand American engagement across the continent. The week also featured a dedicated U.S.–Africa Energy Roundtable, aimed at increasing private-sector investment and enhancing U.S.–Africa policy alignment to drive investment-led growth, supported by agencies including EXIM and the Department of Energy (DOE).

“Energy addition is a priority for the DOE, and nowhere can it be more impactful than here in Africa. This is our goal as an agency and it has support from the highest levels of the administration,” said Andrew Rapp, Senior Advisor at the DOE. He emphasized the DOE’s role in creating a “multiplier effect” to attract private capital.

Josh Volz, Deputy Assistant Secretary for Europe, Eurasia, Africa and the Middle East at the DOE, highlighted U.S. respect for African sovereignty in energy decision-making. “International governments should not stand in the way of how African nations determine their energy futures. We are eager to hear how best we can, from a U.S. perspective, partner with Africa,” he said. Volz noted that the U.S. private sector is already heavily engaged, with $65 billion invested across the continent, complemented by a $2.5 billion pledge operationalized under the Trump administration to support African energy expansion.

Gas in Focus 

The U.S. is making a major push to strengthen its energy partnership with Africa, with a strong focus on natural gas and LPG development. Earlier this year, U.S. Secretary of Energy Chris Wright emphasized the importance of supporting African energy independence, highlighting efforts to expand access to LPG and clean cooking solutions to improve household energy availability across the continent.

“Africa needs massively more energy. Africans will do that. Africans will deliver that. The United States is thrilled to partner with you in that endeavor,” said Wright. “We want to be your partners in technology and providing capital and partnering in any way we can to pursue that goal.”

American companies are currently leading some of the largest energy projects on the continent. In March 2025, EXIM approved a $4.7 billion loan for the Mozambique LNG development, which is expected to produce 13.1 MTPA of LNG. ExxonMobil plans to invest $1.5 billion in Nigeria’s Usan deepwater offshore oil field to boost production between 2025 and 2027, while also targeting FID on the $30 billion Rovuma LNG project offshore Mozambique by 2026. Kosmos Energy is a major stakeholder in the $4.8 billion Greater Tortue Ahmeyim LNG project offshore Mauritania and Senegal, projected to produce up to 5 MTPA across multiple phases, and is also engaged in deepwater upstream exploration and production in Equatorial Guinea.

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