African News

Egypt set to invest $9bn in refineries upgrade

Jan 21, 2019

Egypt plans to upgrade six oil refineries at a cost of about $9 billion over four years to increase domestic oil production to 41 million tonnes a year, Tarek El Molla, the petroleum minister, has said. Mr El Molla said during a conference in Cairo late on Sunday in Cairo that the aim was to…

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S. Arabia to set up oil refinery, petrochemicals plant in S. Africa

Jan 21, 2019

Saudi Arabia plans to build an oil refinery and a petrochemicals plant in South Africa as part of $10-billion of investments in the country, Saudi Energy Minister Khalid Al-Falih said on Friday. In comments following a meeting with South Africa’s energy minister Jeff Radebe in Pretoria, Al-Falih said Saudi oil would be used in the…

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Small thermal plants hold promise for Africa’s economies

Jan 21, 2019

Small-scale power generation plants driven by hydrocarbon sources and biomass are still likely to play a valuable part in rolling out electricity in regions of Africa unserved by grid power and where renewable resources are insufficient to sustain a reliable energy supply. According to Chris Dalgliesh, partner and principal environmental consultant at SRK Consulting’s Cape…

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APPO and African producers call for unity, cooperation and reform

Jan 21, 2019

The African Petroleum Producers Organisation (APPO) and its member countries have called for unity, cooperation and reform amongst oil producers ahead of the Cape VII Congress and Exhibition The congress and exhibition will take place in Malabo, Equatorial Guinea, from 1-5 April 2019. APPO has invited all interested companies or parties to participate in this…

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Coal suppliers & IPPs influence Eskom’s request for tariff increase

Jan 21, 2019

Eskom focused on coal and independent power producers (IPPs) in its presentation at the National Energy Regulator of South Africa’s (NERSA) public hearings in Durban, on Thursday. A series of public hearings are being held across the country, allowing the power utility to explain reasons for its Regulatory Clearing Account (RCA) application for year 5…

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PURC asks Ghanaians to disregard 60% increment in electricity tariffs speculation

Jan 21, 2019

The Public Utilities Regulatory Commission (PURC) has called on Ghanaians to disregard the speculation of 60 per cent increment in electricity tariffs in a section of the media. It said although Ghanaians should expect a review of utilities tariffs on February 1, the commission has not concluded on whether consumers of water and electricity were…

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Namibian govt claims Angolan oil not up to standard

Jan 21, 2019

THE energy ministry says Angola’s refined oil does not meet Namibian standards, but this could change because the oil-rich country is currently building a refinery to produce internationally rated petroleum products. This was said by Carlo McLeod, the ministry’s deputy director of regulation, compliance and economics in the petroleum affairs department. “Angola still has fuel…

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80 Liberians undertake power sector training in Nigeria

Jan 21, 2019

As part of efforts geared towards developing human capital in the West African power sector, the National Power Training Institute of Nigeria (NAPTIN), has commenced training of 80 electricity workers from the Liberia Electricity Company (LEC) on power generation, distribution and transmission. The four-week programme organised by the West African Power Pool (WAPP) and funded…

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ElectriFI commits to Bumbuna II hydro power project in Sierra Leone

Jan 20, 2019

As the 143-MW Bumbuna II Hydroelectric power project in Sierra Leone enters the final stages of development, ElectriFI, the Electrification Financing Initiative, has committed $3.5 million of development capital to finance 50% of the external development expenses needed to reach financial close of the project. Joule Africa, the project sponsor, signed a 25-year PPA with…

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Genel Energy updates on Africa operations

Jan 19, 2019

Genel Energy issued an update on its ongoing activities in Africa, specifically onshore Somaliland and offshore Morocco. In Somaliland on the SL-10-B/13 block, where Genel holds a 75% stake and is operator, the company completed seismic processing. The company said that analysis and interpretation is underway. Initial indications confirm Genel’s view that the block has…

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