The Egyptian Government plans to drill 46 new oil and gas wells this fiscal year, with an investment of $748.5 million. Minister of Petroleum and Mineral Resources, Karim Badawi, announced on Monday that 15 agreements are in the pipeline, accompanied by $20 million in signing bonuses. The Government aims to boost domestic output, reduce imports, […]
In Nigeria, a court has ordered the imminent seizure of $40 million worth of jewellery and a customized gold iPhone belonging to former oil minister Diezani Alison-Madueke, the country’s anti-graft agency said. The items, including hundreds of bangles, rings, earrings, necklaces and watches, were found at a property owned by Alison-Madueke, the Economic and Financial […]
South Africa’s Energy Minister Jeff Radebe has highlighted the importance to consider all energy sources available in the country’s future energy plans. Addressing the BBQ Awards in Johannesburg, Radebe stressed the need for the country to consider nuclear as a clean energy source that can be part of its electricity generation mix. He said South […]
