January 19, 2018//-Nigeria’s House of Representatives have resolved to investigate the loss of $21 billion, about N7.6 trillion, crude oil revenue to International Oil Companies (IOCs) operating in the country.
Category: Energy
Ghana Won’t Shut Down its Oldest Oil Fields
Accra, January 18, 2018//-Ghana’s Petroleum Commission says it has no plan of shutting down Saltpond oil fields.
African Energy Stakeholders to Discuss Investment Partnerships in US
London, UK, January 18, 2018// — The Powering Africa: Summit would return for a fourth year to the Marriott Marquis Hotel in Washington D.C, US from 28 February to 2nd March 2018 to discuss opportunities to develop and invest in power projects on the African continent.
Resettled Residents of Bui Demand Free Electricity
Bui, Brong Ahafo Region, Ghana, January 17, 2018//-Residents of resettled communities within the enclave of the 400megawatt Bui Hydroelectric project have appealed to authorities for bill-free electricity supply as part of their compensation package.
Ghana’s Ministry of Energy Calls for Proposals
Consulting Service for the Implementation of the Cash Waterfall Mechanism (Recruitment of Trustee/Administrator) Accra, January 15, 2018//-Ghana’s Ministry of Energy intends to apply part of its internally Generated Funds (IGF) to fund eligible payments under the contract for recruitment of consultants Consulting Services for the implement of the Cash Water fall Mechanism (Recruitment of Trustee/ […]
Zambia: U.S. Firm to Establish Energy Renewable Manufacturing Plant
Washington D.C., United States of America, January 12, 2018/ — A U.S. San Francisco, California based company, RD Global, working with a Japanese company, Mera Group Corporation, announced plans to set up a manufacturing plant of energy renewable products in Zambia in an effort to mitigate the energy deficit in the region.
Tullow Oil Seeks to Ramp Up Production from TEN Fields
Accra, Ghana, January 12, 2018//-Tullow Oil Plc, a leading independent oil & gas, exploration and production group, quoted on the London, Irish and Ghanaian stock exchanges has announced that a multi-year incremental drilling programme would be started this year.
SA Okays Sinopec’s Takeover of Chevron South Africa
Cape Town, South Africa, January 11, 2018/ — Sinopec – one of China’s largest state-owned companies – has undertaken to invest $900 million (R6 billion) in South Africa to upgrade and modernise the Cape Town-based oil refinery owned by Chevron South Africa, a subsidiary of US company Chevron.
AFC & Harith Appoints Inaugural CEO for Anergi
London, United Kingdom, 11 January 2018,-/African Media Agency (AMA)/- Enos Banda has been appointed Chief Executive Officer of Anergi, the major African power company established through the joint venture between Africa Finance Corporation (AFC) and Harith General Partners (Harith).
Exxon Mobil Begins Oil Exploration in Ghana
Accra, January 11, 2018//-Exxon Mobil, the world’s largest oil and gas company is lacing its boots to enter Ghana’s oil and gas industry, next week.