SAINT PETERSBURG, Russia, June 8, 2019/ — The First President of the Republic of South Sudan, H.E. Taban Deng Gai, is leading this week a South Sudanese delegation to the Saint Petersburg International Economic Forum, where he talked about investment opportunities and the need for a stronger cooperation between Russia and South Sudan. “With the…
The forum will be held at the Kempinski Hotel Beijing Lufthansa Center JOHANNESBURG, South Africa, June 11, 2019/ — The African Energy Chamber (https://EnergyChamber.org) will host an investment forum in Beijing on 2-3 July 2019, with a focus on giving Chinese and Asian investors access to Equatorial Guinea’s EG Ronda 2019 Licensing Rounds for oil…
Expansion supports company’s localization strategy and serves as hub to serve customers in Angola and Southern Africa region LUANDA, Angola, June 7, 2019/ — BHGE expands facility in Luanda to manufacture, service and repair technologies and equipment across its four product companies; expanded facility will enable fullstream solutions to serve local and regional customers across…
LUANDA, Angola, June 7, 2019/ — The Ministry of Mines and Hydrocarbons continues rolling out the Year of Energy initiative as Minister of Mines and Hydrocarbons H.E. Gabriel Mbaga Obiang Lima calls for a stronger African energy dialogue. Following the success of the Cape VII Congress & Exhibition in April, Malabo will host the Oil…
The Kingdom of Eswatini, formerly known as Swaziland, is seeking proposals for the deployment of 40 MW of solar photovoltaic (PV) capacity as part of the country’s efforts to cut its reliance on imported power. The Eswatini Energy Regulatory Authority (ESERA) issued а Request for Qualification (RfQ) on Friday and will await bids by August…
A subsidiary of the Oil and Gas Free Zones Authority (OGFZA), Free Zone Global Investment Limited (FGIL), has signed a memorandum of understanding (MoU) with Axxela Limited, an energy solutions company, for a partnership to build power infrastructure for cheap and quality electricity supply to the Onne/Ikpokiri Free Zone in Rivers State. FGIL is the…
The domestic supply of gas for the generation of electricity witnessed a decline in several months, a development that dragged down the quantum of power that was generated on the grid. Latest figures released by the Nigerian National Petroleum Corporation on domestic gas supply to the power sector and generation showed that between March 2018…
REN-operated Sines LNG import terminal in Portugal is scheduled to receive a Nigerian liquefied natural cargo next week. Shipping data by the Port of Sines shows that the LNG Akwa Ibom tanker capable of transporting up to 141,000 cubic meters of the chilled fuel is scheduled to dock at the facility on June 17. The…
Nigeria’s deepwater assets hold the country’s lifewire in the oil and gas sector having accounted for 40.47 per cent of the total production of 2.1 million barrels per day (bpd). The country’s first deepwater well was completed in 1998, while production started in 2005. It later increased Nigeria’s oil production by 10 per cent. Aside…
Spot activity was weak on Monday as a sharp drop in light end margins kept buyers at bay. Profit margins for making petroleum feedstock naphtha have hit their weakest in over a decade in Asia and a seven-year low in Europe as the global economy weakens and large-scale processing unit outages hurt demand. Gasoline margins…