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/ […]
Category: Energy
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.
With the Benefit of Hindsight: The Impact of the 2014-16 Oil Price Collapse
January 10, 2018//-Between mid-2014 and early 2016, the global economy faced one of the largest oil-price shocks in modern history.
Ghana to Shutdown More LPG Stations
Accra, January 9, 2018//-Ghana’s National Petroleum Authority (NPA) has announced plans to shutdown more LPG refill stations that do not adhere to its safety standards this year.
Oil Prices Hit the Highest in 32 Months
January 9, 2018//-When the global oil price crashed in 2014, Nigeria was one of the hardest-hit economies due to its over-dependence on oil as a revenue source.
Global Spending in Energy Efficiency Up by 9%
January 8, 2018//-Total energy investment worldwide in 2016 was just over $1.7 trillion, accounting for 2.2% of global GDP. Investment was down by 12% compared to International Energy Agency’s ( IEA’s ) revised 2015 energy investment estimate of $1.9 trillion.