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Demand Destruction Fears Drag Oil And Gas Prices Lower

April 19, 2022/OilPrice.com Chart of the Week – US cash natural gas prices for next-day deliveries have soared this week, with many locations trading above $7 per mmBtu for the first time since the Big Freeze in February 2021. – The Henry Hub May ‘22 contract has been on the […]

Namibia Kickstarts Oil Boom with Sizeable 2022 Discoveries

Namibia has emerged as a continental energy hub owing to increased activities in oil and gas exploration as the government seeks to leverage its hydrocarbon reserves to address energy poverty whilst boosting the economy.. Image Credit: AEC April 19, 2022/AEC Namibia’s vast natural resources are estimated at 11 billion barrels […]

Europe Should Decarbonize while Africa Industrializes

April 13, 2022/AEC With over 600 million people without access to electricity, Africa cannot and should not leave its oil and gas resources in the ground While western nations are calling for the abrupt end to fossil fuel utilization in Africa, countries such as the UK and Norway continue to […]