Savannah Energy PLC, a leading African‑focused British independent energy company, has entered into a new gas sales agreement (“GSA”) with Notore Chemical Industries PLC. Accugas, a subsidiary of Savannah Energy will …
Energy
- AfricaAFRICA NEWSAgricultureBusinessEnergyNewsNigeriaOil & GasWestern Africa
Israeli energy companies Enlight Renewable Energy and NewMed Energy signed on Monday a cooperative agreement to jointly develop and operate energy projects in seven countries from the MENA region, including …
- EconomyEnergySouthern Africa
Big strike in South Africa Petrol as prices and load-shedding witnesses increase
The biggest labor union federation in South Africa will stage a national strike on 24 August to protest against the rising cost of fuel and food and continuing power cuts. …
- Eastern AfricaEconomyOil & Gas
Kenya’s Oil traders will receive Sh24.5 billion while fuel prices remain unchanged
The State will pay oil marketers an estimated Sh24 billion in the largest monthly fuel subsidy to keep pump prices unchanged and ease public anger over the rising cost of …
- AfricaAFRICA NEWSBusinessEconomyNewsNigeriaOil & GasWestern Africa
Federal Government of Nigeria inaugurates team to tackle gas flaring
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) at the weekend inaugurated a 12-member Flare Gas Commercialisation Programme Team with responsibility to drive the process and coordinate the Flare Gas Commercialisation Programme …
- AfricaAFRICA NEWSBusinessEnergyNewsSouth AfricaSouthern Africa
Thungela returns R8.2 billion to shareholders after a record half year
Thungela Resources has declared an interim dividend of R8.2 billion, or R60 per share, following a record half year in which profit rocketed on the back of strong export coal …
- AfricaAFRICA NEWSBusinessEnergyNewsSouth AfricaSouthern Africa
Eskom coal supplier Seriti buys controlling stake in Windlab Africa
Major Eskom coal supplier Seriti Resources has acquired a controlling stake in renewable energy company Windlab Africa for R892 million. The deal gives Seriti a 51% stake in the wind …
- AfricaAFRICA NEWSBusinessEnergyNewsNigeriaOil & GasWestern Africa
ExxonMobil renews 2 deep-water assets in Nigeria
ExxonMobil, one of the world’s oil majors has renewed two deep-water leases in Nigeria for 20 years, among the first permits granted under the country’s new oil and gas law. …
- AfricaAFRICA NEWSBusinessNewsNigeriaOil & GasWestern Africa
NNPC, contractors renew production sharing agreements
The Nigerian National Petroleum Company Limited (NNPC LTD) and its partners in Oil Mining Leases on Friday signed renewed Production Sharing Contracts agreements to produce 10 billion barrels of oil …
- AfricaAFRICA NEWSBusinessNewsNigeriaOil & GasTechnologyWestern Africa
NNPC launches crude oil theft monitoring applications
The Nigerian National Petroleum Company Limited (NNPC Ltd.) on Friday launched ‘Crude Theft Monitoring Applications’ to curb oil theft and pipeline vandalism. The launch was held in Abuja on the …