Imports of the fuel declined due to lack of foreign exchange Africa’s largest crude producer yet to tap huge gas reserves Nigerians are turning to the use of firewood and charcoal for cooking due to […]
Zimbabwe’s state-owned power utility expects to complete the addition of coal-fired units next year, bucking a global trend to reduce reliance on fossil fuel. The $1.5 billion expansion by Zimbabwe Power Company and China’s Sinohydro will finish […]
The history of Africa’s energy sector appears to be characterised by success followed by failure, forward movement and then stagnation. But is this a realistic assessment of the continent’s power sector, and more importantly, how […]
Taipei, 12 May (Argus) — South African bank Nedbank has halted all direct funding of new oil and gas exploration projects as part of its commitment to align its business with the Paris climate agreement’s […]
North America will see sustained activity growth in US land and offshore starting in second quarter, especially once spring breakup in Canada is finished in a month or so, Olivier Le Peuch, the company’s CEO, […]
Italy’s Eni is considering spinning off oil and gas operations in West Africa and the Middle East into new joint ventures to help reduce debt and fund its shift to low-carbon energy, according to company […]
LAGOS: Solar power supplier Starsight has expanded a senior debt facility by $10 million to broaden its offerings and generation capacity in Nigeria and Ghana, the company said on Thursday. The expanded facility, completed with development financiers Finnfund […]
EIA In the International Energy Outlook 2020 (IEO2020), the U.S. Energy Information Administration (EIA) projects electricity generation in Africa using two cases with different assumptions about how future electricity needs are fulfilled. In the Maximum […]
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