African News

Libya’s largest oil field al-Sharara re-opened

Dec 20, 2018

Libya’s United Nations (UN)-backed government on Wednesday announced that the country’s largest oil field, Al-Sharara, was re-opened after it was forcefully closed two weeks ago by gunmen and protesters demanding better services for the south. According to a statement issued by the Libyan Prime Minister’s Information Office later on Wednesday, the oil field was re-opened…

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Brahms appoints AFC financial adviser for Guinea refinery project

Dec 20, 2018

Brahms Oil Refineries Limited appointed the Africa Finance Corp. (AFC) as Financial Adviser for the development of the Petroleum Refining and Storage Infrastructure Project to be located in Kamsar, Guinea. The project is comprised of petroleum storage and transportation infrastructure, as part of a 12,000-bpd modular refining facility. The project is being implemented by Société…

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Africa Energy completes Block 11B/12B farm-in offshore South Africa

Dec 20, 2018

Africa Energy has received governmental approval and closed the previously announced transactions to acquire an effective 4.9% interest in the Exploration Right for Block 11B/12B offshore South Africa. Garrett Soden, Africa Energy’s President and CEO, commented: ‘We are excited to partner with Total, Qatar Petroleum and CNRI on Block 11B/12B in South Africa. This is…

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South Sudan sees $2bn oil investments as first start

Dec 20, 2018

Recent pledges of $2 billion in investment for South Sudan’s oil may be just the start, with the war-torn nation expecting further agreements in early 2019, its petroleum minister said. Ezekiel Lul Gatkuoth’s prediction comes as the African nation’s warring sides prepare to form a power-sharing government in the latest bid to end five years…

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Angola LNG resumes operations following ‘minor intervention’

Dec 19, 2018

Chevron-led Angola LNG project has resumed with the production of liquefied natural gas from its Soyo facility following a shutdown. Angola LNG spokeswoman said the shutdown took place due to a ‘minor intervention’, without providing further detail. No timeline was given for the loading of the next LNG cargo following the resumption of operations. Citing…

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OPEC lauds Angola reforms during landmark visit

Dec 19, 2018

Angola’s leadership is undertaking crucial tax and policy changes to diversify the economy while opening the oil sector to new investment; H.E. Mohammad Sanusi Barkindo visited Luanda for the first time as Secretary General of OPEC; Barkindo on Angola: “Right reforms at the right time” During his first visit to Angola as the head of…

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Libya’s NOC declares force majeure on El Sharara oilfield operations

Dec 19, 2018

Libya’s National Oil Company (NOC) declared force majeure on operations at El Sharara oil field, the company said in a statement late on Monday. Libya’s NOC said oil production from Libya’s biggest oilfield will only restart after “alternative security arrangements”, the statement added. Source: Hellenic Shipping News

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Empower women to help save Africa from climate change – AfDB, others

Dec 19, 2018

Africa must unlock the power of its women and girls if it is to adapt to climate change, cope with disasters and build its green energy sector. That is the message from African delegates as the world prepares to implement the Paris Agreement on climate change in Katowice, Poland, this week. Research shows that when…

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APPO secretary general to push for Africa-wide cooperation

Dec 19, 2018

The secretary general of the African Petroleum Producers Organisation (APPO) has called for action to reform Africa’s energy sector. APPO members will meet in Malabo, Equatorial Guinea for the Cape VII Exhibition and Conference from 1-5 April 2018. The new APPO reforms aim to increase the organisation’s influence on the international stage. The reforms will…

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Kenyan authorities allegedly harass opponents of coal plant

Dec 19, 2018

A new report says Kenyan authorities have harassed and abused environmental activists protesting the development of a new coal plant. The Human Rights Watch and National Coalition of Human Rights Defenders report, titled “They Just Want to Silence Us” details harassment and abuses against Kenyan environmental activists who have campaigned against a proposed coal plant…

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