First Independent Mena Newspaper
South Africa’s Minerals Council on Tuesday warned that electricity price increases by state-owned power utility Eskom will lead to over 90,000 job losses in South Africa’s gold and platinum mining industries over the next three years. Earlier this year, South Africa’s National Energy Regulator said that Eskom could hike tariffs by 9.41 percent in 2019, […]
South Sudan’s Minister of Petroleum, Ezekiel Lol Gatkuoth on Monday visited Qatar to boost ties between the two nations. In a meeting with the Acting CEO of Qatar National Bank (QNB) in Doha, Abdallah Mubarak Al-Khalifa, Minister Ezekiel Lol Gatkuoth reaffirmed his commitment to strengthening bilateral ties. QNB was the first Middle Eastern bank to […]
Although Senegal has one of the highest access to electricity rates in sub-Saharan Africa, just 42% of people in rural areas have access, Ibrahima Niane, head of rural electrification programs at the Ministry of Energy said. Ibrahima Niane made the statement during a working session with solar solutions provider Nadji.Bi Group. He explained that off-grid […]
Nigeria’s state-oil firm NNPC plans to revamp its refineries to help Africa’s biggest crude oil producer to save billions of dollars on fuel imports. Despite controlling the world’s 10th-largest oil reserves, Nigeria has only four aging, inefficient state-owned refineries, leaving it almost wholly reliant on imports for its fuel needs. Italy’s Maire Tecnimont won a […]
Sudan Thursday said it summoned Egypt’s ambassador to protest concessions tenders issued by Egypt in the disputed Halayeb triangle. “The foreign ministry summoned the Egyptian ambassador Hossam Eissa on Thursday to protest against the tenders issued by the Egyptian oil ministry for areas under the sovereignty of Sudan,” Sudan’s foreign ministry said in a statement. […]
Equatorial Guinea’s Minister of Mines and Hydrocarbons Gran Canaria on Thursday emphasized his country’s commitment to using its energy resources to diversify the economy. Equatorial Guinea is among the largest oil producers in Africa, with an output of 280,000 bopd. Speaking at the III Oil & Gas Meeting Day, Mr. Canaria gave details on multiple […]
The Italian energy giant ENI has started the construction in Tunisia of a 5 MW facility at the ADAM oil concession in which it has a 25% stake. The project aims to establish a state-of-the-art hybrid power generation system with battery storage devices, to enable efficient integration with existing turbines. The project, being developed with […]
The limbo in Algerian politics is throwing its weight on the oil and gas industry in the country, which represents 95% of the North African country’s revenues. After reports of strikes in some oil and gas field, ExxonMobile halted talks with Algeria’s hydrocarbon giant Sonatrach as protests continue to simmer across the country, Reuters reported. […]
Private Equity-backed Themis, an Africa-focussed power company based in Morocco, has announced a new partnership with Kingline Development Nigeria Limited (Kingline) to develop a 550MW natural gas-fired power plant in Ondo State, Nigeria. At a project cost of approximately $600 million, the plant is set to become one of the world’s lowest cost natural gas-fired […]
Kenyan Telecommunications giant Safaricom is eyeing the electricity market following the enactment of a law that opened up power retail market to individuals and private companies. Earlier this month, Kenya has overhauled the regulatory framework of the energy and petroleum sectors with the enactment of two laws that put emphasis on increasing electricity connectivity. With […]