IEA: Gas and renewables to power Africa
The struggle to provide Africa with energy will become increasingly important, particularly in terms of balancing power with carbon emissions, a new report from the International Energy Agency (IEA) has said.
Cobalt
Total becomes operator of North Platte discovery in Cobalt bankruptcy auction
Total has become the operator of the major North Platte discovery in the Gulf of Mexico, following Cobalt International Energy’s bankruptcy auction sale.
Cobalt International files for Ch. 11, plans to sell off assets
Financially struggling Cobalt International Energy said Thursday it filed for Chapter 11 bankruptcy protection and will sell off the company for parts.
Sonangol announces massive oil and gas discovery in Angola
Angola’s state-run oil giant Sonangol has announced a gas discovery in the offshore Kwanza Basin that could hold 813 million barrels of oil equivalent.