Decision near on $4bn Uganda pipeline, Standard Bank says
A controversial $4 billion crude oil pipeline to link Uganda and Tanzania has overcome a key hurdle that delayed a final decision, according to Standard Bank Group.
Standard Bank
Tanzania approves EACOP construction as protests target financiers
"We urge Standard Bank and SMBC to reconsider their involvement in the East African Crude Oil Pipeline,” said Baraka Lenga, climate change activist based in Tanzania.
Standard Bank sees Tanzania-Uganda pipeline as ‘positive’
A proposed natural gas pipeline running from Tanzania to Uganda may have a positive environmental impact in a region where the majority of households still cook using charcoal or wood, according to Patrick Mweheire, Standard Bank Group’s regional chief executive officer for East Africa.
Emissions versus development debate threatens EACOP
Oil companies and environmentalist activists see the same world in wholly differing ways. Rarely is this divide as stark as in discussions around the East African Crude Oil Pipeline (EACOP).
Japan signals African energy support at Tunis meeting
Japanese corporates have signed around 90 agreements with African investors at the recently concluded 8th Tokyo International Conference on African Development (TICAD) in Tunisia.
Mozambique offers “advantaged barrels” in exploration round
Mozambique’s sixth bid round is under way and potential bidders have until the end of February to pre-qualify.
South African banks opt out of EACOP financing
Four of South Africa’s five major banks have said they will not support the East African Crude Oil Pipeline (EACOP), in Uganda and Tanzania.
Banks targeted in StopEACOP campaign
As a final investment decision (FID) looms on Uganda’s oil plans, opposition is targeting financial sources for the export pipeline.
Frontier sets the virtual stage for Africa E&P Summit
Frontier Energy has gone online with its highly regarded Africa E&P Summit, due to take place on September 16 and 17.
Gas opportunities and challenges in Mozambique
There are challenges ahead for Mozambique, even while it is poised for a period of dramatic growth as investment into its northern gas finds escalates.
Standard Bank slated for hydrocarbon-linked board
The board of South Africa’s Standard Bank has been targeted for change by climate change activists, led by the Just Share NGO.
Mozambique’s gas hub future
The LNG industry in Mozambique will have a transformative impact on the country’s economy – and establish it as a regional gas hub, participants on an Africa Oil Week webinar have said.
Africa’s No. 1 Bank Commits to Disclosing Fossil-Fuel Exposure
FirstRand Ltd, Africa’s biggest bank by market value, has committed to disclosing its fossil fuel-related assets and lending but said it can’t meet a deadline requested by some investors.