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Minister says nuclear power will be added to the SA grid if Eskom problems continue

Jan 27, 2020

Finance Minister Tito Mboweni had not ruled out the inclusion of nuclear power into the electricity grid as Eskom continues to flounder. Mboweni said on the sidelines of the World Economic Forum (WEF) meeting in Davos, Switzerland, on Friday, that the government needed to “honestly think” about nuclear power in order for Eskom to meet…

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NNPC set to conclude $2.5bn Chinese financing agreement for the AKK pipeline

Jan 27, 2020

The Nigerian public oil company (NNPC) has announced that it will conclude by the start of the second quarter a financing agreement of 2.5 billion dollars which will be used to build the largest gas pipeline in the country, called AKK (Ajaokuta-Kaduna-Kano). With a length of 614 km, the installation attracted the attention of Chinese…

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LEKOIL announces update on Otakikpo operations, first crude of 2020 lifted

Jan 27, 2020

LEKOIL, the oil and gas exploration and production company with a focus on Nigeria and West Africa, has announced, on behalf of the Otakikpo Joint Venture which is made up of Green Energy International Limited (‘GEIL’), the Operator, and the Technical Partner, LEKOIL Oil and Gas Investments Limited (‘LOGL’), a member of the LEKOIL Limited…

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NIMASA begins monitoring of imported fuel for ships in Nigeria

Jan 27, 2020

The Nigerian Maritime Administration and Safety Agency (NIMASA) has warned that any fuel being imported into Nigeria for ship bunker must meet international conditions in line with implementation of the International Maritime Organization (IMO) rule on the reduction of carbon emissions from ships. While addressing newsmen in Lagos, Director General of NIMASA, Dr. Dakuku Peterside,…

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Eni signs a liquefied natural gas supply agreement with NLNG

Jan 27, 2020

Eni signed a new long term contract for the purchase of 1,5 million tonnes of liquefied natural gas with Nigeria LNG Limited (NLNG), a joint venture between NNPC, Shell, Total and Eni (with Eni having a participating interest of 10.4%). The LNG will be produced from the existing Trains 1,2 and 3 located in Bonny…

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Clarke Energy helps African nations shift towards clean energy

Jan 26, 2020

LONDON, United Kingdom, January 15, 2020/ — Liverpool engineering company Clarke Energy is helping African businesses reduce carbon emissions thanks to innovative hybrid engines. During a visit to Merseyside today (15th January 2020), International Development Minister Andrew Murrison opened a new engine repair workshop at the company, which will make power plants across Africa more…

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Spanish ACS withdraws from Inga III hydro project in DRC

Jan 25, 2020

The manufacturer ACS, which, with AEE Power Holding, formed the Spanish part of the Sino-Spanish consortium in charge of the construction of the Inga III dam has announced its withdrawal from the project . “ACS will not participate in the execution of the Inga project , ” said a spokesperson for the company in an…

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Sonangol to go public before 2022 – Minister

Jan 24, 2020

On Wednesday, the Angolan Minister of Petroleum, Diamantino Azevedo (photo), announced that the plan to partially list Sonangol on the stock market will become a reality before 2022. Initially mentioned in October 2018, the introduction of the national jewel on the stock market will concern 30% of all shares. This first calendar will speed up…

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Total and Tullow launch joint sale of their stakes in Kenyan oil project

Jan 24, 2020

Total (TOTF.PA) and Tullow Oil (TLW.L) aim to reduce their stakes in Kenya’s first oil development with a joint sale that could see Tullow exit completely amid uncertainty over the project’s launch, banking and industry sources said. The two oil and gas producers have hired French bank Natixis to run the joint sale process for…

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Ghana looks to generate nuclear power by 2030

Jan 24, 2020

Ghana is expected to generate nuclear power by 2030. Executive Director for Nuclear Power Ghana (NPG) said they are on course to meet this deadline. The NPG is working to complete the first phase of the implementation plan by the end of 2020. The Executive Director for Nuclear Power Ghana (NPG), Ing. Theo Nii Okai…

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