Africa Energy Features Headlines International

Zimbabwe: safari camp operators take on planned oil drilling at world heritage site

The operators of luxury Safari camps in Zimbabwe, which charge more than $1,000 a night, have lodged objections against a planned oil exploration program in the country’s UNESCO World Heritage Site, Mana Pools National Park. The Zimbabwean top tourist attraction, the pristine Mana Pools, could be under threat after a mining company applied for a […]

Business Energy Features Finance Headlines

Nigeria should stop depending on oil, gas revenues — WTO chief

The World Trade Organization chief has urged Nigeria to see alternative revenue sources as the oil and gas industry becomes less lucrative. Speaking during a recent function in Abuja, Ngozi Okonjo Iweala, Director-General of the WTO, has advised incoming governors to stop depending on crude oil and diversify the sources of revenue in their domains. […]

Africa Energy International

Australian firm confirms gas, oil & helium discovery in Zimbabwe

Australia-listed oil and gas firm Invictus Energy has recently confirmed its discovery of light oil, gas condensate and helium in a remote northeastern region of Zimbabwe, which is hailed as a culmination of months of exploration. Analysis of samples from its remote sites near the border with Mozambique “definitively proves the presence of hydrocarbons in […]

Business Emerging Markets Energy Headlines

UK Aterian Mining Company Finds High Grade Silver in Morocco

The London-based mining company Aterian announced on Monday it discovered high grade silver in its geological reconnaissance operations conducted in its Jafra project located 35 km northeast of Marrakech. The Project is one of 15 copper, silver and base metal projects owned by Aterian, covering a total area of 762 km2 in Morocco. It lies […]

Emerging Markets Energy Headlines Morocco

Taqa Maroc sets up renewable energy subsidiary

Morocco’s largest private electricity producer, Taqa Maroc, has launched a renewable energy subsidiary to take care of its solar projects, Moroccan media said. UAE firm Taqa Maroc is listed on the Casablanca stock exchange and has reported a first quarter revenue of 4.09 billion dirhams, up 53.9% from last year as coal prices drop. It […]

Energy Features Headlines

DRC, Uganda in talks over use of crude oil pipeline

Talks are ongoing between the Democratic Republic of Congo (DRC) and Uganda about possible use of the east African country’s planned controversial pipeline for transporting Uganda’s crude to foreign markets when it begins production in 2025. Uganda is developing the $3.5 billion 1,445-kilometer East African Crude Oil Pipeline (EACOP) that will start from oil fields […]

Africa Energy Features International

Nigerians lose UK Supreme Court’s case over Shell oil spill

The UK’s Supreme Court has ruled that it was too late for a group of Nigerian claimants to sue two Shell subsidiaries over a 2011 spill off the coast of Nigeria’s Niger Delta. The legal case, launched by residents of Nigeria’s oil-producing Niger Delta, is one of a series of legal battles Shell has been […]

Energy

Australian firm confirms gas, oil and helium discovery In Zimbabwe

Australia-listed oil and gas firm Invictus Energy on Monday (8 May) confirmed its discovery of light oil, gas condensate and helium in a remote northeastern region of Zimbabwe, which is hailed as a culmination of months of exploration. Analysis of samples from its remote sites near the border with Mozambique definitively proves the presence of […]

Africa Energy Headlines International

Africa Energy Bank set up to reduce dependence on foreign funding for oil & gas projects

The African Petroleum Producers’ Organization (APPO) is putting the finishing touches to establish the Africa Energy Bank (AEB) that will offer alternative funding source for oil and gas projects on the continent after international financing institutions have started scaling back their funding, citing stringent conditions and environmental concerns. Speaking at a recent Nigeria International Energy […]

Business Energy Europe Headlines International Morocco

Morocco set to become Europe’s key supplier of green hydrogen

Morocco is busy working to become one of Europe’s main suppliers of green hydrogen, which is generated by renewable energy or from low-carbon power. To reach this ambitious goal, leading energy developer CWP Global and German Hydrogenious LOHC Technologies, will conduct a feasibility study on green hydrogen shipping from Morocco to Europe. They signed on […]