Tullow aims for Uganda farmdown in H1 2019

Jan 17, 2019

Tullow Oil is aiming to wrap up its farmdown process in Uganda to Total and CNOOC Ltd in the first half of this year as a tax issue remains unresolved. State player Uganda National Oil Company is in the process of backing in for a 15% stake, which would leave Total and CNOOC Ltd on…

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Libya’s Haftar plans to secure oil areas in southern push

Jan 17, 2019

Forces allied to Libya’s eastern leader Khalifa Haftar have entered the city of Sebha as part of a campaign to secure the country’s lawless south and protect its oil-producing infrastructure, his spokesman said. The Libyan National Army (LNA) operation may be its most substantial push yet into that part of the country and, if successful,…

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Chadian President Deby sacks petroleum minister

Jan 17, 2019

Chadian President Idriss Deby dismissed his Minister of Petroleum and Energy, Boukar Michel and appointed Finance Minister Mahamat Allali Abakar as his temporary replacement. According to reports, Deby blames him for the double allocation of an oil block to both Chinese and Taiwanese companies. Michel was fired while attending the 9th General Assembly of the…

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Streets in Zimbabwe capital empty following deadly fuel hike protests

Jan 17, 2019

Life has come to a standstill in the Zimbabwean capital after violent protests over the government’s announcement of a massive hike in fuel prices turned deadly. The streets of Harare were virtually empty Tuesday, with many businesses, banks and schools closed, after a call for a three-day strike by the Zimbabwe Congress of Trade Unions…

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Angola, UAE sign energy and waters agreement

Jan 17, 2019

The authorities of Angola and the United Arab Emirates (UAE) last Monday signed three agreements in the domain of production, transportation and supply of electric power and drinkable water. The memoranda of understanding were signed by the Angolan minister of Energy and Waters, João Baptista Borges, and UAE’s Sheikh Ahmed Dalmook Al Maktoum, on the…

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Tanzania’s Rufiji hydropower plant to kick-off in June

Jan 17, 2019

Construction works on the 2,115 megawatts Rufiji hydro-power plant at Stiegler’s Gorge along Rufiji River is expected to commence in June, this year. Tanzania’s Energy Minister Medard Kalemani explained over the weekend that setting up of enabling infrastructure for the project execution, including construction of linking roads; electricity and water supply have been completed by…

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Turkana wind farm hits 99% electricity generation

Jan 17, 2019

Africa’s largest wind farm in northern Kenya on Monday hit 99 per cent electricity generation for the first time since launch four months ago. Lake Turkana wind plant generated and injected into the national grid 307 megawatts (MW) of clean power Monday morning, out of its maximum capacity of 310 MW. This translates to a…

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Key African Central Banks to hold rates on CPI, oil prices

Jan 17, 2019

Africa’s key central banks are expected to hold benchmark interest rates at their first meetings of the year albeit for different reasons. While the drop in oil prices could give South African and Kenyan policy makers room to hold off on further rate increases, currency pressures could keep the central bank in Ghana from considering…

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Leigh Creek signs HoA with Africary for use of PCD plant in S. Africa

Jan 17, 2019

Australia’s Leigh Creek Energy has signed a heads of agreement with African Carbon Energy covering its pre-commercial demonstration plant in South Australia. The agreement provides the framework for the negotiation of one or several legally binding agreements, including a lease agreement, sale and purchase agreement and service agreement. The agreements, in the first instance, would…

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Tullow prepares to drill 7 wells in Ghana

Jan 17, 2019

Tullow Oil is set to drill and complete seven wells on its two major fields off Ghana this year as it targets a ramp-up in production. The Anglo-Irish independent is also ready to bring online the second of two new producers drilled on the Tweneboa-Enyenra-Ntomme field last year in about a month. The seven fresh…

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