African News

Egypt to receive Israeli gas by middle of 2019

Mar 20, 2019

Egypt will receive natural gas from Israel under the $15 billion deal by the middle of this year as the pipeline connecting the two countries faced unexpected issues that drew back the start-up by several months, two sources familiar with the matter told Bloomberg. The two sources who asked not to be named said that…

Read More

Sonangol reassures fuel consumers of imminent supply

Mar 20, 2019

The State-owned oil firm “Sonangol” has told its consumers that the fuel supply situation in Luanda province would be tackled but it did not set any deadline for the full solution to the problem, recorded since the early hours of last Saturday. In its statement, Sonangol attributed the fuel shortage to logistic problem, saying that…

Read More

Savannah Petroleum submits R3 East Feasibility Study, SE Niger to Ministry

Mar 20, 2019

Savannah Petroleum, the British independent oil & gas company focused around activities in Niger and Nigeria, has announced that its Niger subsidiary has submitted a feasibility study to the Ministry of Energy and Petroleum in Niger in relation to its planned early production scheme (‘EPS’) and development proposal on the R3 East portion of the…

Read More

Gas production in Mamba field to start by 2024 – Eni boss

Mar 19, 2019

ENI’s CEO Claudio Descalzi on Friday said that gas production in the Mamba oil field in northern Mozambique, should start by 2024 since Exxon is to take the final investment decision after the summer. “The Mamba project [which involves Portuguese oil company Galp] is managed by Exxon [consortium leader], we work on the upstream [oil…

Read More

EAIF approves $27m for Kikagati hydropower plant

Mar 19, 2019

PIDG company, The Emerging Africa Infrastructure Fund lends US$27 million to hydro power project on the border of Uganda and Tanzania The Emerging Africa Infrastructure Fund’s 10th renewable power project in Uganda Power generation output to be shared between Uganda and Tanzania Low cost power as EAIF works again with GETFiT tariff support programme Long loan…

Read More

Cyclone damages Mozambique-Zimbabwe pipeline fuel control room

Mar 19, 2019

Cyclone Idai, which has left a trail of destruction in Zimbabwe, Mozambique and Malawi, damaged the Companhiado De Pipeline Mozambique-Zimbabwe (CPMZ) control room at Beira in Mozambique last week, affecting the pumping of fuel and natural gas to Feruka Oil Refinery in Mutare. Mozambique’s CPMZ controls the pipeline from Beira to Feruka in Mutare. Officials…

Read More

East African governments review contracts with power producers

Mar 19, 2019

East African governments are reviewing power purchase agreements with independent power producers (IPPs) as part of efforts to lower the cost of energy and attain universal electricity access. Private investors own and operate plants that generate power for sale mostly by using diesel, an expensive fuel whose cost is passed on to consumers in the…

Read More

Ugandan government seeks Shs847b for stake in oil pipeline

Mar 19, 2019

Government through the Uganda National Oil Company (Unoc) will require between Shs578b and Shs847b to finance its equity stake in the proposed East African Crude Oil Pipeline (EACOP). The exact financing structure is still being worked out but sources familiar with the matter told Daily Monitor that if the ongoing negotiations agree to-debt-to equity ratios…

Read More

InfraCo Africa invests in Kenyan solar

Mar 19, 2019

 InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), has signed convertible loan agreements with frontier developer Gigawatt Global; committing a total of US$2.2m to the development of the Samburu Solar and Transmara Solar projects, respectively. Each with a capacity of 10 MWAC, the sister facilities will generate clean, reliable electricity in some of the poorest…

Read More

Panoro Energy announces first post-acquisition crude oil lifting from Tunisia

Mar 19, 2019

Panoro Energy ASA (the “Company” or “Panoro” with OSE ticker: “PEN”) is pleased to provide an update on lifting operations in Tunisia. The first cargo of approximately 151,000 barrels of Rhemoura blend crude oil has been lifted from La Skhirra Terminal in Tunisia on 6 March 2019. The lifting operations were completed successfully and without…

Read More

SUBSCRIBE TO LATEST ENERGY NEWS

Read the latest energy industry news and researched articles
for oil and gas, power generation, renewable energy, events and more...