First Independent Mena Newspaper
Djibouti has inaugurated Red Sea Power, a wind farm project that will produce 60 MW electricity in a bid to reduce power shortage and increase domestic output by 50 per cent. President Ismail Omar Guelleh unveiled the project over the last week-end. Red Sea Power is located in Ghoubet, 120 km from capital Djibouti. The […]
Rahul Dhir, Chief Executive Officer of London-based Tullow Oil has told on September 13 Bloomberg the military coup that took place late August in Gabon has not affected the company’s business operations. Tullow Oil Plc’s assets in the central African nation Gabon account for around a quarter of its crude production. Tullow Oil Plc produced […]
A landmark African Climate Summit (ACS) ended on Wednesday (6 September) after the political and business leaders adopted the Nairobi Declaration that seeks to address climate challenges in the continent and that represents a united front for Africa before negotiations for more funding at COP28. The ACS was dominated by discussions of how to mobilize […]
Côte d’Ivoire’s economic capital will host on September 7-8 the fourth West Africa Liquefied Petrol and Gas (LPG) Summit. The gathering will bring the industry heavyweights, ranging from C-suite executives to officials from the world’s largest corporations and trade bodies in the LPG sector, provides delegates with the opportunity to learn from the best in […]
UAE has unveiled an initiative that will provide $4.5bn to help tap Africa’s clean energy potential amid increasing negative impacts of the climate change on the continent. COP28 President-Designate Sultan Al Jaber made the announcement during his keynote address at the inaugural African Climate Summit in Nairobi, Kenya. The initiative will bring together public, private, […]
Two former executives at a Swedish oil company Lundin Oil are going on trial on Tuesday (5 September), with both defendants accused of complicity in war crimes in present-day South Sudan, with prosecutors saying both were complicit in atrocities by Sudanese army and militias between 1999 and 2003, which both flatly deny. Swiss national Alex […]
The inaugural Africa Climate Summit (ACS) that officially opened in Nairobi on Monday (4 September) has been hailed as an “unparalleled opportunity” to benefit from action to tackle global warming. The ACS comes ahead of a flurry of diplomatic meetings leading to the November COP28 climate summit in the United Arab Emirates, which will likely […]
N-Sea, a Netherlands-based underwater solutions provider, is contributing to the development of the Nigeria-Morocco Gas Pipeline (NMGP) project through survey operations. The company has collaborated closely with ship owner Rederij Groe to transform the seismic support vessel, 7-Waves, into a research vessel equipped with advanced equipment for this project. According to N-Sea, the project is […]
U.S. Dalrada Financial Corporation, a leader in climate technology, clean energy, and precision manufacturing, has announced the setting up of a subsidiary in the Moroccan city of Fez. The new entity will focus on providing installation and ongoing support services for Dalrada’s range of high-efficiency commercial heat pumps to countries within the MENA region Dalrada […]
British Petroleum (BP), an oil and gas global giant, announced Monday August 28 plans to inject $3.5 billion in Egypt for the next three years. BP’s chief executive Bernard Looney made the announcement after meeting with President Abdelfattah al-Sisi. The investments will go towards research, exploration and development, the office of the Egyptian leader announced. […]