African News

Relief in Tanzania as huge cut in fuel prices announced

Feb 7, 2019

THE energy regulator has announced a huge cut in fuel prices for February for a second month in a row due to continuing global oil price slump. New retail prices for petrol in Dar es Salaam effective today are 2,120/- per litre down from 2,295/-, which is equivalent to 7.61 per cent decrease, the Energy…

Read More

Somalia inches closer to oil exploration

Feb 7, 2019

Somalia is set to inch close to oil exploration with the unveiling of the block delineation and legal and regulatory framework to guide the sector on Thursday. The move is the first in over three decades, when the industry brome in to anarchy. The unveiling of the laws and the blocks will set in motion…

Read More

Russia, China back nuclear power as a clean-power fix for Africa

Feb 7, 2019

In a damp office at Ethiopia’s Addis Ababa University, doctoral student Hailu Geremew fantasises about working on the nuclear reactor his country is now pondering building. “Oh that is my dream, my dream, my dream,” said the nuclear physicist, 32, wearing rectangular glasses and a cardigan. Geremew is part of a new generation of African…

Read More

Seadrill establishes new JV with Sonangol in Angola

Feb 7, 2019

Seadrill Limited (“Seadrill”) announces today that it has entered into a 50:50 joint venture with Empresa de Serviços e Sondagens de Angola Ltda, an affiliate of Sonangol E.P. (“Sonangol”). The new joint venture, Sonadrill, will operate four drillships, focusing on opportunities in Angolan waters. Each of the joint venture parties will bareboat two drillships into…

Read More

SDX Energy expands presence in Morocco

Feb 7, 2019

SDX Energy, the North Africa focused oil and gas company, has increased its presence in Morocco with the awards of the Moulay Bouchta Ouest and Lalla Mimouna Sud licenses. The Moulay Bouchta Ouest exploration licence (SDX 75% working interest and operator), covering an area of 458 km2, has been awarded to SDX for a period…

Read More

Total makes significant gas discovery offshore South Africa

Feb 7, 2019

Total has made a significant gas condensate discovery on the Brulpadda prospects, located on Block 11B/12B in the Outeniqua Basin, 175 kms off the southern coast of South Africa. The Brulpadda well encountered 57 meters of net gas condensate pay in Lower Cretaceous reservoirs. Following the success of the main objective, the well was deepened…

Read More

ENGIE starts operations of 100MW Kathu solar plant in South Africa

Feb 7, 2019

ENGIE (www.Engie.com) is pleased to announce that commercial operation was achieved on 30 January 2019 for the 100 MW Kathu Solar Park in South Africa. This state of the art plant is a greenfield Concentrated Solar Power (CSP) project with parabolic trough technology and equipped with a molten salt storage system that allows for 4.5…

Read More

Uganda launches national oil, gas talent register for professionals

Feb 6, 2019

The Petroleum Authority of Uganda [PAU] has developed a national talent register listing individuals trained and qualified in different fields related to the oil industry. The on-line database that is also meant to serve as an employment reference point in the emergent oil and gas sector, will list engineers, technicians and skilled workers competent to…

Read More

Zimbabwe Govt cautious as fuel supply stabilises

Feb 6, 2019

Energy and Power Development Minister Joram Gumbo says Government remains cautiously optimistic that the fuel situation in the country has stabilised on the back of improved availability and shorter queues at the majority of fuel stations. Zimbabwe experienced acute fuel shortages towards the end of last year, after consumption inexplicably vaulted by 77 percent to…

Read More

Tanzania Petroleum Development Corporation explains losses

Feb 6, 2019

TANZANIA Petroleum Development Corporation (TPDC) has explained that servicing of the 2.409tri/- debt due to the investment in mega natural gas projects in Lindi and Mtwara Regions led to the losses in three consecutive years. This explanation comes following last week report by the Parliamentary Investment Committee (PIC) listing TPDC among the three loss making…

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...