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Category archives for: Energy

Oil Hits 2019 High On Iran Sanctions

April 24, 2019//-Oil prices shot up to new highs for the year on this week after the U.S. announced that it would let waivers on Iran sanctions fully expire. In early trading on Tuesday, WTI topped $66 per barrel and Brent moved above $74.  Advertisements

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World Bank Provides Over $200M to Help Increase Access to Electricity in West Africa, Sahel Region

Washington DC, USA, April 23, 2019— The Board of the World Bank Group approved the Regional Off-Grid Electrification Project (ROGEP), which includes $150 million in the form of credit and grant from the International Development Association (IDA) and $74.7 million contingent recovery grant from the Clean Technology Fund to help the West African Development Bank […]

African Energy Chamber, Oil Industry Investors Hail South Sudan Investment Drive in SA

Johannesburg, South Africa, April 21, 2019// — South African and African private sector participants have an amazing opportunity to invest in South Sudans’ peace and make huge profits.

Report: Sanctions Waivers Putting a Floor Under Oil Prices

April 20, 219//-Oil prices held at a five-month high earlier this week, and only just managed to close the week higher as the crude complex is looking increasingly ‘top heavy’.

Oil Bulls Undaunted By OPEC Fears

April 17, 2019//-Oil prices dipped on Monday on renewed fears that OPEC+ might abandon production cuts, but prices firmed up in early trading on Tuesday.

Details of 2nd Mohammed Bin Rashid Al Maktoum Global Water Award Announced

Dubai, United Arab Emirates, April 16, 2019—(AETOSWire)—H.E Saeed Mohammed Al Tayer, Chairman of the Board of Trustees of the UAE Water Aid Foundation (Suqia), announced details of the 2nd Mohammed bin Rashid Al Maktoum Global Water Award.

SNC-Lavalin Appoints Craig Muir as President of its Global Resources Sector

Dubai, United Arab Emirates: April 15, 2019–(AETOSWire)-SNC-Lavalin, a global fully integrated professional services and project management company, has appointed Craig Muir as its President, Resources, effective April 08, 2019.

Mettā Nairobi Begins Clean Energy Accelerator Program for Startups

Nairobi, Kenya, April 13, 2019//–Mettā Nairobi in partnership with What Design Can Do (WDCD), Social Enterprise NL and IKEA Foundation kicked off of Clean Energy Accelerator Programme.

Imani Alert: Ghana Discovers Africa’s Biggest Oil Deposit But May Lose $7.2bn

April 12, 2019//-On Thursday 14th February 2019, the Ministry of Finance in a press release sent from Oslo, Norway, confirmed Aker Energy ASA’s “significant offshore resource base in Ghana and [that Aker] has committed to scale up new development in the Deepwater Tano Cape three points block (DWT/CT).” 

Akon Enlists Artificial Intelligence in Mission to Extend His Green Energy Vision in Africa, Beyond

New York, USA, April 11, 2019//–(BUSINESS WIRE/AETOSWire)– Philanthropist, business mogul and five-time Grammy-nominated artist Akon has announced the signing of a formal partnership between Akon Lighting America (ALA) and leading AI-solutions provider, Group A MondoBrain.

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