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Category: Energy
Nigeria greenlights Seplat Energy’s buy of ExxonMobil’s Nigerian unit
Nigerian President Muhammadu Buhari, who doubles as oil minister, has granted consent to the acquisition of ExxonMobil's Nigerian unit by Seplat Energy, in a $1.28 ... Read More
Forbes: Morocco set to hit its renewable energy target & become regional exporter
Morocco is set to reach its goals in renewable energy, meet its own demands and become a regional exporter of clean energy to North Africa ... Read More
Rio Tinto inks rail and port deal to unlock Guinea’s Simandou iron ore project
Rio Tinto Group’s subsidiary in Guinea has formed an infrastructure joint venture with Winning Consortium Simandou (WCS) and the government to develop a railway and ... Read More
Xlinks: Canadian WSP to Provide Technical Advisory Services for Purchase of HVDC Converter Stations
UK start-up Xlinks has chosen Canadian engineering consulting firm WSP to provide technical advisory services for the tendering process for four HVDC converter stations and ... Read More
Côte d’Ivoire: ENI discovers new offshore oil and gas deposits, expanding reserves by 25%
Côte d’Ivoire, which aspires to become a "major" oil producer by 2023, has announced a new discovery of oil and natural gas by Italian hydrocarbon ... Read More
Tangier region to have its first solar power plant
Construction work of the first solar photovoltaic power plant in the Tangier-Tetouan-Al Hoceima region, with an installed capacity of 34 megawatts (MWp), was launched Tuesday ... Read More
Libya reports increase in oil production after several months of decline
Libya authorities in charge of the country’s oil production indicated Tuesday oil production has increased 1.025 million barrels per day after a three-month decline owing ... Read More
Algeria further undermines its market share in Spain’s gas market
When Algeria halted its biggest gas pipeline with Spain in late 2021, decision-makers in Madrid knew that Algiers' reliability as an energy supplier was called ... Read More
UN report: Africa, still too reliant on commodities exports, needs to diversify
Nearly 60% of African countries remain dependent on exports of commodities despite decades-long efforts to diversify. Therefore, a shift especially to technology and financial services, ... Read More
EU seeks to replace gas from Russia with Nigerian supplies
The European Union has intensified pressure on Nigeria to supply additional gas to Europe as it attempts to wean itself off Russian gas on the ... Read More