tagresults

30-10-2014 22:52:00 | by: Administrator | hits: 20631946 | Tags:

[South Africa] Eskom, SIU initiate steps to recoup funds from former executives
07-08-2020 | 13:55:00
Eskom and the Special Investigating Unit (SIU) issued summons in the North Gauteng High Court to recover funds from former Eskom executives, former Board members, members of the Gupta family and their associates, and others.
U.S. Treasury sanctions criminal network threatening stability, security of Libya
07-08-2020 | 10:25:00
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) took action against a network of smugglers contributing to instability in Libya.
Germany to ramp up investment in African energy
07-08-2020 | 09:37:03
Panelists at the 'Germany-Africa Economic Relations: Making Deals Post COVID-19' webinar sought to mobilize German investment into the African energy sector.
Afreximbank commits $400m to Mozambique’s LNG project
07-08-2020 | 07:44:00
The African Export-Import Bank (Afreximbank) is supporting the advancement of Mozambique’s energy industry and economy by committing up to $400 million in guarantees and direct lending to the Area 1 LNG project.
High Court rules in favour of government to localise production of industrial components in South Africa
06-08-2020 | 10:56:35
The Gauteng High Court ruled in favour of Government in a matter involving procurement conditions applicable to electrical transformers, a judgement that will boost efforts to localise production of key industrial components in South Africa.
USTDA supports enhanced energy access in Nigeria
06-08-2020 | 08:22:00
The U.S. Trade and Development Agency (USTDA) has awarded a grant to Abuja-based Konexa for a feasibility study that will evaluate Nigeria’s access to reliable, privately generated renewable electricity.
EIB, Afreximbank direct €300m of support to African COVID response
06-08-2020 | 06:10:00
The European Investment Bank (EIB) and the Afreximbank are directing €300m of financing to support the resilience and recovery of African nations in response to the COVID-19 pandemic.
Subseatec secures subsea contracts in Africa and Asia
05-08-2020 | 14:44:54
Norskeide Subseatec, a subsidiary of Scana ASA has been awarded a contract to supply subsea equipment for field development in Africa and Southeast Asia.
Energy Chamber nominates Investment Committee for solutions to finance Africa’s energy resurgence
05-08-2020 | 08:42:00
The African Energy Chamber has nominated an Investment Advisory Committee, the last body to serve on its Advisory Board for 2020 and 2021, to provide solutions to finance Africa’s energy resurgence.
Cairn sells to LUKOIL 40% interest in Senegal’s Rufisque, Sangomar and Sangomar Deep project
05-08-2020 | 06:48:00
Cairn Energy has entered into an agreement to sell to LUKOIL its entire 40 per cent interest in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore Contract Area, including the Sangomar development, offshore Senegal.
Sonatrach signs MoU with Cepsa for E&P activities in Algeria
05-08-2020 | 06:10:00
Sonatrach has signed a Memorandum of Understanding with Cepsa to allow both companies to evaluate joint growth opportunities in the exploration, development and production of hydrocarbons in Algeria.
Vivo Energy Mauritius launches three new generations of lubricants
03-08-2020 | 10:30:19
Vivo Energy Mauritius, company holding the Shell franchise in Mauritius, is expanding its product range with three new generations of lubricants in the Shell Helix and Rimula ranges.
[South Africa] Air Liquide to acquire Sasol oxygen production site, reduce by 30% its CO2 emissions
03-08-2020 | 09:16:00
In line with its plan to reduce its emissions of CO2, Sasol has signed an exclusive negotiation agreement for Air Liquide to acquire the biggest oxygen production site in the world located in Secunda in South Africa.
Bolloré signs 4-year logistics contract with Assala Energy Gabon
31-07-2020 | 06:48:00
French logistics giant Bolloré Transport & Logistics has been awarded a four-year contract by Assala Energy to supply light transport vehicles for the company’s oil operations, expanding its footprint in Gabon.
Total Gabon divests its portfolio of mature non-operated offshore assets
30-07-2020 | 12:41:00
Total announced that its 58% owned affiliate Total Gabon has signed an agreement with Perenco to divest its interests in seven mature non-operated offshore fields, along with its interests and operatorship in the Cap Lopez oil terminal.
[South Africa] Eskom wins tariffs hike case, allowed to recover R69bn equity injections
30-07-2020 | 07:37:00
The High Court delivered the Judgement on the Eskom Board review of the National Energy Regulator of South Africa’s (NERSA’s) decision on the Multi-Year Price Determination (MYPD), which requires Eskom to recover the R69bn.
African Energy Chamber appoints APO Group Founder and Chairman Nicolas Pompigne-Mognard to its Advisory Board
30-07-2020 | 07:07:00
APO Group, the leading pan-African communications and business consultancy confirms that its Founder and Chairman, Nicolas Pompigne-Mognard, has been appointed to the Advisory Board of the African Energy Chamber.
Lumos secures FMO funding to power clean energy revolution in West Africa
29-07-2020 | 14:53:53
Lumos has received new funding from Dutch entrepreneurial development bank, FMO, to expand its existing market for reliable, accessible and clean solar power in Côte d’Ivoire.
Global Petroleum gets extension of Petroleum Exploration Licence for Block 2011A offshore Namibia
29-07-2020 | 12:02:18
Global Petroleum announces that in connection with its licence PEL0094 offshore Namibia, the Ministry of Mines and Energy in Namibia has agreed to extend the licence sub-period from September 2020 to September 2021.
African Energy Chamber pushes for renewed exploration drive with new advisory committee
29-07-2020 | 09:50:35
The exploration industry has been the hardest it by the Covid-19 pandemic and the subsequent historic crash in oil prices.
[Egypt] Eni Bashrush discovery in North El Hammad concession tested with success
29-07-2020 | 06:18:17
Eni, bp and Total have successfully tested the well drilled on the prospect called Bashrush, in the North El Hammad concession, in the conventional Egyptian waters of the Nile Delta.
Electricity trade to unlock affordable, reliable electricity in West Africa
29-07-2020 | 05:58:00
The World Bank approved a total of $300 million in International Development Association (IDA) credits and grants to support reforms that will help promote electricity trade in West Africa.
[Uganda] Raxio Data Centre receives critical power equipment from Umeme Ltd ahead of launch
28-07-2020 | 14:50:00
Raxio Data Centre has achieved a key milestone in the construction of the Tier III carrier neutral data centre as it received key technical power equipment from the national distributor, UMEME Limited.
Eni announces new oil discovery, production in Western Desert Egypt
28-07-2020 | 14:08:00
Eni has announced the successful drilling of the SWM-A-6X well, in the South West Meleiha development and exploration concession located in the Egyptian Western Desert, 130 km North of the of Siwa Oasis.
Over 1.4 million Ugandans to access reliable and affordable energy under new EIB – ENGIE initiative
28-07-2020 | 10:16:00
Millions of people, small holders and entrepreneurs in remote villages across Uganda are set to access reliable and cheap electricity for the first time under a new off-grid solar scheme.
EXIM reaffirms support for Mozambique LNG project, signs initial financing documents
28-07-2020 | 08:52:00
As a major integrated LNG project in Mozambique advances toward fruition, the EXIM has reaffirmed its continuing support for the development by initiating the process of providing $4.7 billion in financing.
USTDA supports new LNG infrastructure in Nigeria
28-07-2020 | 08:41:03
The USTDA has awarded a grant to Nigerian natural gas supply company Green Liquified Natural Gas to support Nigeria’s increased utilization of natural gas for power generation, local industry and additional economic growth.
Standard Bank invests $485 million in Mozambique LNG project
28-07-2020 | 07:01:00
South African banking group Standard Bank has invested $485 million in the Mozambique LNG project, joining 20 international banks that have invested close to $15 billion in the project.
ION announces first 3D multi-client program in Mauritania
28-07-2020 | 06:53:50
ION Geophysical announced the first 3D multi-client program in Mauritania in partnership with the Ministry of Petroleum, Mines and Energy.
LUKOIL enters hydrocarbon production project in Senegal
27-07-2020 | 13:45:26
PJSC LUKOIL concluded an agreement with Cairn Energy to acquire a 40% interest in RSSD (Rufisque, Sangomar and Sangomar Deep) project in the Republic of Senegal for $300 mln in cash.
[South Africa] Sibanye-Stillwater, AngloGold, Sasol and Imperial join forces to distribute hand sanitisers
27-07-2020 | 06:58:00
Sibanye-Stillwater, AngloGold Ashanti, Sasol and Imperial Logistics have formed a strategic partnership which will see Sibanye-Stillwater distributing hand sanitisers produced by Sasol to schools, health facilities and taxi ranks.
[Algeria] SONATRACH resumes production at Skikda natural gas liquefaction complex
24-07-2020 | 12:31:00
SONATRACH announced that the resumption of production at the natural gas liquefaction complex located in Skikda began, after a general shutdown to carry out periodic maintenance work.
Connector Subsea, Ezion Geber collaborate in Nigeria
24-07-2020 | 11:00:00
Ezion Geber Energy will now formally represent Connector Subsea Solutions in Nigeria. The collaboration with a minimum 3 year duration will help support current Offshore Nigeria projects and enable growth across all pipeline repair product lines.
Zenith requests 25-year license extension in Congo
24-07-2020 | 08:26:14
Zenith Energy has submitted a comprehensive commercial and technical offer to the Ministry of Hydrocarbons of the Republic of Congo for the attainment of a new 25-year license for the Tilapia oil field, to be named Tilapia II.
AfricaCo finances Sierra Leone's Bumbuna II Hydroelectric project with $6 million
22-07-2020 | 14:14:00
InfraCo Africa has signed an agreement with lead developer Joule Africa to provide $6 million of funding to the 143MW Bumbuna Hydro II initiative in Sierra Leone.
NDF, REDAVIA sign first EEP catalyst loan to accelerate solar leasing in Ghana and Kenya
22-07-2020 | 13:56:00
Loan financing stemming from the EEP Africa Catalyst window will accelerate REDAVIA’s C&I Solar Leasing Model with SMEs in Ghana and Kenya.
Kenya Power appoints Engineer Elizabeth Rogo to its Board
22-07-2020 | 08:54:00
Engineer Elizabeth Rogo, the Founder & CEO of TSAVO Oilfield Services and President for East Africa at the African Energy Chamber has been appointed Non-Executive Director on the Board of Kenya Power.
Chevron to acquire Noble Energy in $13 billion deal
22-07-2020 | 07:53:00
Chevron Corporation has entered into a definitive agreement with Noble Energy to acquire all of the outstanding shares of Noble Energy in an all-stock transaction valued at $5 billion, or $10.38 per share.
IFC invests $5.6 billion for private sector development in Africa and the Middle East
22-07-2020 | 07:27:00
IFC committed $5.6 billion to private sector development in the Middle East and sub-Saharan Africa in fiscal year 2020, supporting businesses across the two regions.
DBSA yields dividends in Mozambique’s Liquified Natural Gas project
22-07-2020 | 06:55:00
The Development Bank of Southern Africa (DBSA) announced financing to the value of $120 million in Mozambique’s Area 1 Liquified Natural Gas (LNG) project.
African Development Bank set to join $20 billion Mozambique LNG financing
21-07-2020 | 12:13:00
The African Development Bank has concluded its bid to co-finance the construction of Mozambique's integrated Liquefied Natural Gas (LNG) plant by signing a senior loan of $400 million for the transformational project.
Global gas flaring jumps to levels last seen in 2009, data
21-07-2020 | 09:44:00
Estimates from satellite data show global gas flaring increased to levels not seen in more than a decade, to 150 billion cubic meters (bcm), equivalent to the total annual gas consumption of Sub-Saharan Africa.
African Energy Chamber, Mozambican Oil & Gas Chamber partner on local content development
21-07-2020 | 07:39:00
The African Energy Chamber and the Mozambican Oil & Gas Chamber have signed a cooperation agreement to support the development of local content in Mozambique and the attraction of investments.
Renergen launches first LNG auction in South Africa
20-07-2020 | 12:53:08
Emerging domestic natural gas and helium producer Renergen has announced the commencement of South Africa’s first ever Liquefied Natural Gas (LNG) auction.
Nyimpini Mabunda appointed CEO for General Electric, Southern Africa
20-07-2020 | 12:23:00
General Electric (GE) has appointed Nyimpini Mabunda as the Chief Executive Officer for Southern Africa.
Africa Investment Forum founding partners unveil unified COVID-19 response to support Africa’s private sector
20-07-2020 | 11:13:00
Increased and decisive investment will be the channel for Africa’s economic recovery post COVID-19, partners of the Africa Investment Forum said, expressing confidence in the continent’s potential to rebound from the ongoing health and economic crises.
AfDB approves Fourth Monitoring Report on Management Action Plan for Eskom’s Medupi Power Project in South Africa
20-07-2020 | 07:00:00
The AfDB approved the recommendations of the Fourth Monitoring Report of the Independent Review Mechanism on the implementation of the Updated Management Action Plan for Medupi Power Project in South Africa.
AfDB approves IRM recommendations of First Monitoring Report on Sendou power plant in Senegal
20-07-2020 | 06:50:00
The African Development Bank (AfDB) approved recommendations of the First Monitoring Report of the Independent Review Mechanism (IRM) on the Sendou Coal-Fired Power Plant Project in Senegal.
Kigali Amendment hits 100th ratification, boosts climate action
17-07-2020 | 11:25:00
The Kigali Amendment to the Montreal Protocol, an international agreement to cut the use of climate-warming hydrofluorocarbons has reached a major milestone, with Liberia becoming the 100th nation to ratify the Amendment.
[Column] Toufik Khitous: How Egypt bets on renewables to meet expected energy demand surge
17-07-2020 | 10:41:41
To meet its soaring demand for energy, Egypt is turning to renewable sources. Its targets, if accomplished, will see it become a pioneer in the African energy landscape. But are the plans realistic?
IFC announces $12m loan for steel plant in Ghana to create jobs, support skills
17-07-2020 | 09:30:00
IFC announced a $12 million loan to Rider Iron and Steel Ghana to support the company’s construction of a steel manufacturing plant that will increase Ghana’s domestic steel production, creating thousands of jobs.
JBIC signs $3 billion loan agreement for Mozambique LNG project
16-07-2020 | 13:40:00
The Japan Bank for International Cooperation (JBIC) signed a loan agreement in Mozambique LNG project financing amounting up to $3 billion.
Total secures $15.8 billion funding for Mozambique LNG project
16-07-2020 | 08:59:00
French oil major Total has secured $15.8 billion in funding from South African lender FirstRand’s local unit, First National Bank Mozambique, for the development of the $20 billion LNG Golfinho-Atum gas field in northern Mozambique.
EIB approves €16.6 billion financing for projects around the world
16-07-2020 | 08:29:00
The European Investment Bank (EIB) approved € 16.6 billion of new financing for projects across Europe and around the world, including more than € 10 billion of COVID-19-related investment to improve public health.
Government of Guinea, UNOPS and SHS holdings partner to build affordable homes
15-07-2020 | 13:39:00
Guinea will join one of the largest affordable housing initiatives in the world, following a new agreement that will see some 200,000 affordable homes built over the next 10 years.
IFC finances One Tech with €23m to create jobs in Morocco and Tunisia
15-07-2020 | 10:24:00
IFC announced it will provide €23 million in financing to Tunisian company One Tech Holding to spur job creation and economic growth in Tunisia and Morocco.
IFC helps boost clean tech startups in Egypt, enables farmers switch to solar
15-07-2020 | 10:07:00
IFC is joining forces with the National Bank of Egypt and MSMEDA to strengthen the clean technology entrepreneurship sector and boost Egyptian farmers’ access to finance for solar irrigation.
African Energy Chamber appoints US-Africa Committee to push energy dialogue and investment
14-07-2020 | 09:24:00
The African Energy Chamber has appointed a US-Africa Committee to serve on its Advisory Board and support the development of stronger energy cooperation and investment between the United States and Africa.
[Nigeria] LEKOIL definitive service agreements for Otakikpo JV executed
14-07-2020 | 07:31:00
LEKOIL announced that the Otakikpo Joint Venture (Otakikpo JV) has executed definitive agreements for the next phase of the Otakikpo marginal field development.
Bank of Central African States allows opening of foreign currency, escrow accounts
13-07-2020 | 09:15:00
The Board of Directors of the Bank of Central African States (BEAC) has allowed the opening of foreign currency escrow accounts by petroleum and mining operators.
[Nigeria] Emeka Onwuka appointed Seplat's Chief Financial Officer, Executive Director
13-07-2020 | 06:48:00
Seplat Petroleum Board of Directors appointed Mr. Emeka Onwuka as Chief Financial Officer (CFO) and Executive Director of the Company, joining the Seplat Board, effective August 1, 2020.
World Bank Country Partnership Framework 2021-26 to support Rwanda’s strategic priorities
13-07-2020 | 06:15:00
The World Bank discussed the Rwanda Country Partnership Framework (CPF) for the period 2021-26, to guide the Bank’s work for the next 6 years supporting the Government of Rwanda’s strategic priorities.
Total to resume drilling offshore South Africa in September
10-07-2020 | 08:43:00
French oil major Total and its project partners are set to resume drilling at block 11B/12B in the Luiperd prospect, where Total in early 2019 flagged potential resources of 1 billion barrels of oil equivalent, in September.
Pensana Rare Earths lists Angola’s Longonjo Project on the London Stock Exchange
10-07-2020 | 07:46:00
Australian exploration company Pensana Rare Earths has listed its Longonjo project in Angola on the London Stock Exchange, representing the U.K.’s first resources-focused IPO since COVID-19.
Zenith Energy to potentially acquire second oil production asset in Congo
10-07-2020 | 07:36:00
International oil & gas production company focused on pursuing African development opportunities Zenith Energy announces it has entered into a joint venture agreement with a local oil & gas company in the Republic of the Congo.
TechnipFMC signs contract with ANOPC for new Hydrocracking Complex in Egypt
09-07-2020 | 07:09:42
TechnipFMC has signed a major Engineering, Procurement, and Construction contract with Assiut National Oil Processing Company (ANOPC) for the construction of a new Hydrocracking Complex for the Assiut refinery in Egypt.
Digital technologies could help Uganda’s economy recover faster, report
09-07-2020 | 06:50:00
Uganda’s real gross domestic product (GDP) growth in 2020 is projected to be between 0.4 and 1.7% compared to 5.6% in 2019, according to the latest edition of the Uganda Economic Update released by the World Bank.
IFC funds Addax Energy SA to secure Mauritania’s oil imports
07-07-2020 | 10:42:00
IFC announced it is providing $35 million as part of a $200 million credit facility arranged by Societe Generale to enable Addax Energy SA to deliver critical energy imports to Mauritania.
World Bank approves$425 million for infrastructure financing in Eastern and Southern Africa
07-07-2020 | 09:49:05
The World Bank Board of Directors has approved $425 million financing to support the provision of infrastructure finance in Eastern and Southern Africa.
African Energy Chamber launches new energy jobs portal and pledges to boost local content
07-07-2020 | 09:24:00
The African Energy Chamber and its partners have launched a free-of-access jobs portal for trained and qualified African workforce.
African Energy Chamber hopeful for quick resolution over fuel shortages in Tanzania
07-07-2020 | 06:44:00
The African Energy Chamber expresses its concerns over the alleged arrest and detention of three energy executives in Tanzania last week.
BUA Cement to establish ultramodern 3,000,000 metric tonnes cement plant, 50mw power plant in Adamawa, Nigeria
06-07-2020 | 14:20:00
West Africa’s BUA Cement announced it is set to establish a three million metric tonnes cement plant and 50 megawatts power plant in Guyuk and Lamurde local governments of Adamawa state in the North Easter region of Nigeria.
Sasol relinquishes Blocks 16 & 19 license offshore Mozambique
06-07-2020 | 09:37:00
Following an evaluation of the exploration potential of the blocks and an assessment of the report of the pre-feasibility phase of the EIA, Sasol has decided to relinquish its exploration license in Blocks 16 & 19 offshore Mozambique.
Enaex, Sasol conclude deal to establish explosives joint venture in South Africa
04-07-2020 | 09:12:00
Integrated chemicals and energy company Sasol and Enaex, a subsidiary of the Sigdo Koppers Group, announced the start of new explosives joint venture Enaex Africa operations in Southern Africa.
Sonatrach, Eni sign gas agreements for Algeria
04-07-2020 | 07:21:00
Algeria’s Hydrocarbons Company SONATRACH and Italian's ENI signed several cooperation agreements in the gas sector and a memorandum of understanding on the possibilities of investment in the exploration and production of hydrocarbons.
Portable solar power system boosts COVID-19 testing in Zambia
02-07-2020 | 09:06:00
First Aid Africa and Renovagen Ltd have announced the success of a rapid response project to support testing operations in the fight against the COVID-19 pandemic in Zambia.
[Column] Siyabonga Mbanjwa: Delivering sustainable energy across Africa in a more accessible and reliable way
02-07-2020 | 07:31:57
The global Coronavirus pandemic has disrupted the operating environment for both the public and private sectors as a result of the unprecedented lockdowns and restrictions put in place by countries to curb infections.
South Africa switches to Argus-related pricing for LPG
02-07-2020 | 07:23:10
The South African Department of Mineral Resources and Energy (DMRE) has switched to a new formula for calculating official domestic liquefied petroleum gas (LPG) prices.
[Column] Dr. Kevin Kariuki: The journey to electrifying Africa
01-07-2020 | 14:26:58
Five years into the African Development Bank’s ambitious New Deal on Energy for Africa, the Bank’s investments are set to provide electricity access to around 13 million people.
Eni successfully drills first exploration well offshore Egypt
01-07-2020 | 09:54:00
Eni, BP and Total have successfully drilled the first exploration well in the North El Hammad license, in the conventional Egyptian waters of the Nile Delta, on the prospect called Bashrush.
World Bank provides $425m for provision of infrastructure financing in Eastern and Southern Africa
01-07-2020 | 07:30:00
The World Bank approved a total amount of $425 million in International Development Association (IDA) financing to support the provision of infrastructure finance in Eastern and Southern Africa.
World Bank realigns Africa into two Vice Presidencies for greater focus on country progress
01-07-2020 | 06:55:00
As a sign of its strong commitment to Africa, the World Bank’s Sub-Saharan Africa Regional portfolio will now be managed by two Vice Presidents, covering Western and Central and Eastern and Southern Africa, respectively.
Ikeja Electric meters over 120,000 households in Nigeria
30-06-2020 | 10:01:00
Nigerian electricity distribution company Ikeja Electric has metered over one hundred and twenty thousand households between 2018 and June 2020, in line with its commitment to bridge its metering gap.
Mozambique offers $2.25 billion funding guarantee to LNG project
26-06-2020 | 14:20:00
Mozambique’s state-owned National Hydrocarbon Company (ENH) has assured the partners in Mozambique’s Liquefied Natural Gas (LNG) project a $20 billion gas project led by Total.
[South Africa] Renergen, Total sign joint LNG marketing agreement
26-06-2020 | 11:26:00
Emerging domestic natural gas and helium producer Renergen announced that Total South Africa Proprietary and the Company signed an agreement for the joint marketing and distribution of Liquefied Natural Gas (LNG).
[Algeria] Total, Sonatrach extend partnership in Liquefied Natural Gas
26-06-2020 | 11:06:00
Total and Sonatrach have signed an agreement to renew their partnership in the field of liquefied natural gas (LNG).
[Column] Leoncio Amada Nze Nlang: African economic and social awakening: Lessons from Singapore
26-06-2020 | 06:07:05
With 1.2 billion people and the youngest population on the planet, the African continent has great potential and much room for improvement to become one of the most vibrant economic centers globally.
World Bank approves $750m to improve electricity reliability, supply in Nigeria
25-06-2020 | 07:29:00
The World Bank approved the Power Sector Recovery Operation (PSRO) of $750 million in International Development Association (IDA) credit to improve the reliability of electricity supply in Nigeria.
FAR Senegal in default on Sangomar project payments
24-06-2020 | 08:47:00
Oil and gas company FAR has not paid the most recent development cash call received by it and has accordingly received notification from the Operator of the RSSD Joint Venture that FAR Senegal is in default.
[South Africa] Sasol announces beneficial operations of fifth and sixth Lake Charles chemical project facilities
24-06-2020 | 08:23:00
Integrated chemicals and energy company Sasol announced that the Guerbet alcohol unit at our Lake Charles Chemicals Project achieved beneficial operations, three days after achieving beneficial operations on the Ziegler alcohol unit.
Kenya, Ghana businesses sign up for REDAVIA’s free solar leases
23-06-2020 | 12:50:00
REDAVIA has signed four new COVID-19 Resilience Leases in Ghana and Kenya, offering these businesses six months of free solar to withstand the COVID crisis.
Nigeria begins oil exploration in Niger State
23-06-2020 | 12:29:00
The Nigerian National Petroleum Corporation (NNPC), Group Managing Director Alhaji Mele Kyari announced that the corporation has commenced oil exploration exercises in the Bida Basin comprising eight local governments in Niger state.
[Column] NJ Ayuk: African lives matter, too; Energy Policy decisions should consider their needs
23-06-2020 | 12:04:03
As African oil and gas countries struggle with Covid-19’s devastating impact on demand, two international groups seem to be celebrating it.
IFC invests in Globaltronics to expand, improve energy efficiency in Egypt
22-06-2020 | 12:36:00
IFC is investing up to $10 million in a local Egyptian company to help it expand installation of digital prepaid and smart electricity meters in Egyptian homes.
Redavia signs four businesses in Ghana and Kenya to solar energy
19-06-2020 | 06:33:00
Redavia , a global market provider of cost-effective, reliable, and clean solar power for businesses, has signed four new COVID-19 Resilience Leases in Ghana and Kenya.
AfDB invests €225 million to finance Egypt's electricity and green Growth programme
18-06-2020 | 14:33:00
The Board of Directors of the African Development Bank has approved a 225 million euros loan to finance Egypt's Electricity and Green Growth Support Program
FID on Mozambique’s Rovuma LNG project delayed until 2021
11-06-2020 | 07:27:00
Mozambique’s National Petroleum Institute (INP) has announced that the final investment decision (FID) for its planned $30 billion Rovuma liquefied natural gas (LNG) project will be taken by ExxonMobil in 2021.
[South Africa] Priscillah Mabelane appointed Sasol's Executive Vice President, Energy Business
10-06-2020 | 14:09:00
Sasol has appointmented Priscillah Mabelane as Executive Vice President, Energy Business, effective 1 September 2020 and she will also serve as a member of Sasol’s Group Executive Committee (GEC).
Cranium Engineering deploys C-Kore units again in Nigeria
10-06-2020 | 12:35:00
C-Kore Systems completed a successful campaign offshore Nigeria with VAYCO Oil tools and local Nigerian partner Cranium Engineering.
African Energy Chamber launches membership offering
09-06-2020 | 13:08:59
Over the past few years, the African Energy Chamber has been instrumental in promoting collaboration within the African energy industry.