Egypt Energy Headlines

Egypt: Production of Zohr oil field to hit 3bn feet per day in 2019

The production of Zohr oil field will reach more than three billion feet per day in 2019. The announcement was made Wednesday by Egyptian Minister of Petroleum and Mineral Wealth Tarek el Mullaa at a meeting of the general assembly of PetroShrouk oil company. What has been achieved in Zohr oil field is unprecedented in […]

Africa Energy Headlines International

Energy: Investors gather in Miami to Power Africa

The 5th Powering Africa: Summit will host over 370 investors and public and private stakeholders from across North America, Africa and Europe to present energy projects, discuss investment opportunities and build relationships within the international power community. The Powering Africa: Summit (PAS) to take place for the first time in Miami from February 25-27 will […]

Africa Energy Headlines International

Africa should declare state of emergency on energy

In sub-Saharan Africa, where more than 600 million people still lack access to electricity, the continent would need to declare a state of emergency on the energy sector, the Managing Director of Sahara Power Group, Kola Adesina said. According to Mr. Adesina, energy is a critical component of driving economic growth and prosperity. The continent […]

Africa Energy Headlines International

Mali: Renewable Energy Week to attract more investment

The Renewable Energies Agency of Mali and other stakeholder groups such as the World Bank and the Climate Investment Fund are organizing the first edition of the Malian Renewable Energy Week to be held from February 19 to 23 in the capital, Bamako. According to the organizers of the event, it will increase the visibility […]

Africa Energy Headlines International

South Africa: 15% Eskom tariff hike could cut 150,000 mining jobs

The Minerals Council of South Africa on Thursday warned that the country could lose up to 150,000 jobs, if state-owned electricity supplier Eskom is granted permission to increase electricity tariff by 15%. Eskom has asked government for a 15% tariff increase over three years. The mining lobby group said the move would also hasten the […]

Africa Energy Headlines International

Senegal: 2,300 communities electrified in 5 years

In Senegal, 2,300 localities were electrified between 2012 and 2018, the director general of the Senegalese Rural Electrification Agency (ASER) said. According to the Agency, the West African nation’s electrification rate was 24%, representing 1,640 electrified localities in 2012. However, last year, thanks to the efforts made by the State, 2,300 additional localities have been […]

Africa Asia Energy Headlines International

Dubai-based solar developer raises $65m to power MENA

Yellow Door Energy, a Dubai-based solar developer this week said it raised $65 million to fund an expansion effort in the energy sector in the Middle East and Africa. The amount raised by the group — one of the major commercial and industrial-scale solar developers in a region — represents one of the largest venture […]

Africa Energy Headlines International

Africa has 310 GW renewable energy potential

The African continent’s renewable energies potential is estimated at 310 Giga-Watts (GW), an expert from the African Development Bank (AfDB) said on Tuesday in Dakar, Senegal. Hatem Fellah, Principal Agronomist at the AfDB made the statement during the opening of a sub-regional exchange meeting on domestic and renewable energies in the Sahel region. The meeting […]

Africa Energy Headlines International

Oil and Gas: African countries to raise $2 billion for energy projects

Nigerian Minister of State for Petroleum Resources Ibe Kachikwu on Monday disclosed that Nigeria will mobilize other oil and gas producers in Africa on the platform of the African Petroleum Producers Organization to raise up to $2 billion to finance energy projects across the continent. According to Kachikwu, member countries of APPO were already looking […]

Energy Headlines Morocco

Sound Energy confirms new gas finding in eastern Morocco

Sound Energy, the Moroccan focused upstream gas company,“revises up” the net pay estimate of sands found under the main TAGI play, which currently stands at 10.5 meters. Earlier January, Sound energy announced discovery at TE-10 of a potential reservoir at between 1,899 meters and 2,009 meters. Sound has nearly finished planning its TE-10 test program, […]