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Oil & Gas Trade
2024-04-19
Nigeria Strikes Deal with Shell to Supply $3.8 Bln Methanol Project
The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo Purchase Licensing RightsNigeria has struck a deal for S
Oil & Gas Trade
2024-04-18
FGto Execute $3.8bn Gas Supply Agreement in May
The Gas Supply and Purchase Agreement to support the Final Investment Decision for the $3.8bn Brass methanol project is to be executed in May 2024, the Federal Government announced on Monday.The Brass methanol project is a major industrial project being b
Natural Gas
2024-04-18
South Africa's Petrosa Targets Mozambique Gas in New Sales Deal
South Africa's PetroSA expects the first flows of gas into the country from a deal with Mozambique's national energy company ENH later this year, officials said, amid efforts to shore up supplies ahead of a potentially crippling shortage.H
Solar Power Plant
2024-04-16
Egypt to Build Solar Power Stations Worth $20 Mln
A general view of the Benban plant of photovoltaic solar panels in Aswan, Egypt, November 17, 2019. REUTERS/Amr Abdallah Dalsh/File Photo Purchase Licensing RightsEgypt plans to build two solar power stations worth 1 billion Egyptian pounds ($20.60 millio
OPEC
2024-04-16
OPEC Woos Namibia as African Nation Prepares to Produce From 2030
The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen at OPEC's headquarters in Vienna, Austria June 19, 2018. REUTERS/Leonhard Foeger/File Photo Purchase Licensing RightsThe OPEC+ oil producers group, having lost Angol
Crude Oil
2024-04-15
Niger and China Sign Crude Oil MoU Worth $400 Mln, Says Niger State TV
Niger has signed a memorandum of understanding with Chinese state-owned oil giant China National Petroleum Corp (CNPC) worth $400 million linked to the sale of crude oil from its Agadem oilfield, Niger state television RTN reported late on Friday.RTN did
Solar Power Plant
2024-04-13
Egyptian Solar Set to Expand Beyond the Massive 1.8 GW Benban PV Project
Egypt was one of the first African countries to develop large scale renewable energy projects and had 555 MW of wind power generation capacity by 2012. That was the result of donor support, however, rather than a push by the Egyptian government to tap its
SMR
2024-04-11
Partnership Aims to Drive Forward Htmr-100 SMR in South Africa
Koya Capital has signed a partnership agreement to work with Stratek Global to secure financing and construction of a ZAR9 billion (USD480 million) first-of-a-kind reactor in South Africa.A cutaway of the reactor, much of which would be underground (Image
Carbon Emissions
2024-04-11
Global 2023 Carbon Trading Revenues Grew to $74 Bln, Report Says
Smoke rises from chimneys at a factory in the port of Dunkirk, France January 19, 2023. REUTERS/Yves Herman/File Photo Purchase Licensing RightsGlobal revenues from the sale of carbon permits in emissions trading systems (ETS) grew to a record $74 billion
Offshore Wind Power
2024-04-09
Nordex Group Receives Orders for 295 MW From EDF Renewables in South Africa
EDF Renewables (South Africa) a subsidiary of EDF Renouveables and Electricité de France (EDF), placed orders with the Nordex Group for two wind energy projects in South Africa.The Korosun 2 cluster, consisting of the Umsobomvu and Hartebeestho
Hydropower Plant
2024-04-09
Zungeru Hydropower Plant Nearing Completion as Testing Begins
The Zungeru Hydroelectric Power Plant in Nigeria has entered a crucial phase as testing commences, according to Federal Government announcements on Sunday, newswires have reported.Situated in Niger State, the $1.3 billion project has now been successfully
Solar Power Plant
2024-04-09
Africa Data Centres, DPA Break Ground on 12 MW Solar Farm in South Africa
Data storage and services group Africa Data Centres has with its partner, independent power producer DPA SA, started construction of a solar farm in South Africa to supply its facilities with renewable energy, it said on Monday.The market for data centres
LNG
2024-04-08
Tanzania to Showcase $40B Liquefied Natural Gas (LNG) Project, Gas Prospects at Invest in African Energy (IAE) 2024
With estimated recoverable gas resources of around 57 trillion cubic feet (tcf), Tanzania will feature as part of an East African regional spotlight at Invest in African Energy (IAE) 2024, as the country seeks partners across various exploration, developm
Substation
2024-04-08
$2.3bn Siemens Power Project Transformers, Substations Arrive Nigeria
Electricity transformers and substations meant for the $2.3bn Siemens power project have arrived in the country as the project gains traction, Minister of Power, Adebayo Adelabu, said on Sunday.The development came a few months after the Federal Governmen
Geothermal Power Plant
2024-04-07
Kengen Approves Greenfire Closed-Loop Application in Olkaria Geothermal Field, Kenya
Olkaria II geothermal power plant, Kenya (source: ARGeo)GreenFire Energy Inc. (GreenFire) has announced that it has received approval from KenGen to commence the implementation of the company’s proprietary GreenLoop® technology in a geot
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Sungrow Signs 145 MW Distribution Agreements During Solar Pakistan 2023
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Leeward Secures $162.9m Financing for Colorado Wind Farm
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