World News

IMF Says Governors to Vote on Removing Age Limit for the Position of Managing Director

August 21, 2019/IMF The Executive Board of the International Monetary Fund (IMF) made the following statement today: “The Executive Board has today recommended that the IMF Board of Governors vote to remove the age limit that currently applies to the position of IMF Managing Director. Since 1951, the IMF’s By-Laws […]

New CNPC Discovery Confirms South Sudan’s Immense Oil Potential

August 21, 2019/African Energy Chamber In what has become a remarkable month for exploration in Africa, a CNPC-led consortium has made a 300 million barrels of recoverable oil discovery in South Sudan’s northeastern Upper Nile state. It is almost as much as the Oyo Discovery announced earlier this month in […]

African Liquefied Natural Gas to Attract $103 Billion in 2019

August 21, 2019/Africa Oil & Power Conference Africa is an exciting frontier in the global natural gas sector. The continent holds 7.1 percent of proven global gas reserves (http://bit.ly/2KKgTgQ) and is expected to contribute nearly 10 percent of global production growth through to 2024 (http://bit.ly/30murnZ). On the demand side, Africa’s […]