Gas/Electricity

Africa focused transition energy company Chariot Oil & Gas has negotiated the key terms of a new licence, Rissana Offshore in Morocco. The formal award of the licence is anticipated to occur in 2021…

BW Energy has concluded on an alternative development plan for the Hibiscus/Ruche satellite field in the Dussafu license offshore Gabon, utilizing a converted jack-up rig to reduce investments and time…

The Federal Government has said that it has so far spent about $5.8 billion on the 40-year-old Mambilla Hydroelectric Power project. The Mambilla Hydroelectric Power Station, is a 3,050 MW…

Minister of State, Petroleum Resources, Mr Timipre Sylva on Thursday said the Federal Government has saved over N1 trillion since it announced full deregulation in March.  Sylva, who made the…

A few dots near the bottom corner of the world map in the southern Atlantic, the Falkland Islands were once at the forefront of a new era for the oil…

The Nigerian Electricity Regulatory Commission (NERC) has cautioned the 11 Distribution Companies (DisCos) for deliberating isolating some 33 kilovolts (kV) feeders to limit energy loads, thereby denying customers of electricity…

The Central Bank of Nigeria (CBN) has pegged non-interest banks’ funding of agricultural programmes at a maximum N2 billion equity. The investment is set at 40 per cent of investee…

Senegal’s Ministry of Petroleum and Energies announced the exemption of value added tax (VAT) on equipment destined to producing renewable energy. The list of 22 electricity production equipment comprises photovoltaic…

Africa Energy announced it expects to commence an extremely active and potentially transformational period with spud of the Luiperd-1 well on Block 11B/12B offshore South Africa, where it holds an effective 4.9%…

Nigeria’s electricity grid is attracting interest from foreign investors seeking to invest in power production. A German company, Siemens, signed a contract with the federal government last year to rehabilitate…