African Countries in Perspective: South Africa

In recent times, South Africa’s hydrocarbon resources has attracted international oil companies. This has led to the acquisition of several offshore exploration interests by Shell, Total and ExxonMobil. South Africa’s proven oil reserves is approximately 15 million barrels. However, oil and gas production in South Africa is relatively insignificant, one of the major reasons for […]

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Future of Hydrocarbon in Africa

Introduction Hydrocarbons are the result of the slow transformation of organic material underground and underwater, in conditions of low oxygen, high temperatures, and high pressures. When talking about hydrocarbons, there is an important difference to be made between “resources” and “reserves”. In order to become reserves, resources need to be carefully assessed in quantity and […]

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