Africa

Solar Power Plant
2024-12-17

Amea Power Commissions 500 MW Solar Plant in Egypt
Amea Power has held an inauguration ceremony for a 500 MW solar installation in southern Egypt. The project, completed in 18 months, is the largest of its kind in the country.Dubai-based developer Amea Power’s 500 MW Abydos solar plant, located
Natural Gas
2024-12-16

Egypt’s Cabinet Approves Oil, Natural Gas Exploration Agreements in Key Concessions
The Cabinet has approved two draft petroleum commitment agreements involving the Egyptian Natural Gas Holding Company (EGAS), the Egyptian General Petroleum Corporation (EGPC), and several international companies, as per a statement.These agreements focus
Natural Gas
2024-12-16

Dana Gas Receives $20 Million in Payment From Egypt
Dana Gas, one of the largest private natural gas companies in the Middle East, received a $20 million payment from the Egyptian government, taking the total payments received to $24.5 million in the fourth quarter.The latest payment will help the company
Crude Oil
2024-12-16

Nigeria Retains Top Spot as Africa’s Biggest Oil Producer
The Organisation of the Petroleum Exporting Countries (OPEC) has disclosed that Nigeria retained its position as the largest oil producer in Africa.OPEC, in its latest monthly report on Wednesday for the month of November, said Nigeria’s oil out
Wind Power Project
2024-12-16

TotalEnergies to Develop 300MW in Oman
[Image: TotalEnergies]TotalEnergies, together with its partner OQ Alternative Energy (OQAE), has signed landmark agreements to develop 300MW of renewable energy projects in Oman.The electricity will be delivered through long-term PPAs to Petroleum Develop
Crude Oil
2024-12-14

Crude Oil Futures Edge Up After IEA Report on Demand Outlook
Crude oil futures traded slightly higher on Friday morning after the latest report from IEA (International Energy Agency) indicated an increase in global oil supply in 2025.At 9:56 am on Friday, February Brent oil futures were at $73.48, up by 0.10 per ce
Natural Gas
2024-12-13

ExxonMobil to Drill Offshore in Egypt’s Western Mediterranean
ExxonMobil will begin drilling a new offshore gas exploration well in the North Marakia Offshore Concession, Western Mediterranean this month.During a meeting in London between Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi an
Crude Oil
2024-12-13

Oil Production Hits 1.7mbpd – FG
The Federal Government has declared that Nigeria’s oil production, including condensates, increased by 9.9 per cent to 1.69 million barrels per day in November 2024, up from 1.538mbpd recorded in October 2024.According to the latest data release
Crude Oil
2024-12-13

OPEC Daily Crude Output up 0.5% in Nov.
Crude oil production from the Organization of Petroleum Exporting Countries (OPEC) increased by 0.5%, or by 104,000 barrels per day (bpd), in November to average 26.66 million bpd, according to OPEC's monthly oil market report released on Wednesda
Oil Field
2024-12-13

Equinor Exits Nigeria, Completes $1.2bn Asset Sale to Chappal Energies
Equinor (EQNR.OL) has officially announced its exit from Nigeria after three decades of operations, concluding the sale of its assets to Chappal Energies for $1.2 billion. The transaction includes a 20.21 per cent stake in the Agbami oil field, operated b
Oil&Gas Drilling
2024-12-12

Bauchi Restates Support for Oil Exploration
The Bauchi State Government has reaffirmed its commitment to supporting the actualisation of crude oil exploration at the Kolmani Oil Field, pledging to provide the necessary support for the project’s success.Deputy Governor of Bauchi State, Auw
Hydrogen Fuel Vehicle
2024-12-12

FIA Extreme H World Cup Reveals Details on Inaugural 2025 Hydrogen-Fuelled Season
Extreme H has become the FIA Extreme H World Cup as the first hydrogen off-road racing series reveals further details on its inaugural 2025 season.Extreme H and the FIA announced the name after the pair signed a non-binding Heads of Terms to continue work
Floating Solar
2024-12-12

Combining Floating PV With Compressed Air Energy Storage
Researchers from Egypt and the UK developed a new floating PV system concept that utilizes compressed air for energy storage. The system has a roundtrip efficiency of 34.1% and an exergy efficiency of 41%.Scientists from the Port Said University in Egypt
Solar project
2024-12-12

Norwegian Platform Invests $50 Million in Egyptian Renewables
Empower New Energy, a Norwegian solar investment platform, has signed a $50 million agreement with Egyptian independent power producer Engazaat to fund a renewable energy project portfolio in Egypt.Norway’s Empower New Energy and Egypt&rsquo
Nuclear Reactor
2024-12-11

NANO Announces Flurry of Microreactor MoUs
Recent memorandums of understanding signed by microreactor developer NANO Nuclear Energy will see it work with the US Department of Energy on evaluating the feasibility of siting its experimental microreactors at the Idaho National Laboratory; with the To

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Hydro-Quebec Shares 300 MW Solar Tender Details

Africa

Amea Power Commissions 500 MW Solar Plant in Egypt

Egypt’s Cabinet Approves Oil, Natural Gas Exploration Agreements in Key Concessions

Dana Gas Receives $20 Million in Payment From Egypt

Nigeria Retains Top Spot as Africa’s Biggest Oil Producer

TotalEnergies to Develop 300MW in Oman

Crude Oil Futures Edge Up After IEA Report on Demand Outlook

ExxonMobil to Drill Offshore in Egypt’s Western Mediterranean

Oil Production Hits 1.7mbpd – FG

OPEC Daily Crude Output up 0.5% in Nov.

Equinor Exits Nigeria, Completes $1.2bn Asset Sale to Chappal Energies

Bauchi Restates Support for Oil Exploration

FIA Extreme H World Cup Reveals Details on Inaugural 2025 Hydrogen-Fuelled Season

Combining Floating PV With Compressed Air Energy Storage

Norwegian Platform Invests $50 Million in Egyptian Renewables

NANO Announces Flurry of Microreactor MoUs

Hydro-Quebec Shares 300 MW Solar Tender Details

South Korea Launches 1.25GW Offshore Wind Tender

Kenya Opens Solar-Plus-Storage Tender

Norway’s First Floating Wind Tender Attracts Two Bids

Italy Allocates 1.72 GW in Rooftop PV Tender for Agricultural Firms

Thailand Opens 364 MW Solar Tender