Nigeria, São Tomé and Príncipe to exploit 500 million barrels of oil
French oil giant Total and Nigeria-São Tomé and Príncipe Joint Development Authority (JDA) last week signed a new production sharing contract (PSC) to grant exclusive […]
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Oil & Gas: ENI announces Angola’s largest offshore discovery
Italian oil and gas giant Eni has found more oil in offshore Angola after a drilling campaign completed last week. The Agogo discovery is believed […]
AfDB, World Bank commit more funds for renewable energies in Africa
The African Development Bank (AfDB) will soon launch ‘Green Baseload’ Facility to provide concessional finance to support reliable and affordable renewable energy, the bank’s president […]
Algeria signs $1,03 billion deal to develop Ain Tsila gas field
UAE-based Petrofac International LLC and operating joint venture Groupement Isarene have signed engineering, procurement, and construction (EPC) contract to develop a gas field, located in […]
Maroc Telecom to Acquire Chad’s 1st Mobile Operator
Morocco’s telecom giant Maroc Telecom continues its international development focusing on its expansion in Africa wherein the company is present in several African countries. It […]
Guinea Bissau to drill first-ever deep-water well offshore
Well management specialist Exceed has secured a $4 million contract from Swedish operator Svenska Petroleum Exploration to drill the first deep-water well off the Coast […]
Fuel consumption drops by over 20% after price hike in Zimbabwe
In Zimbabawe, fuel consumption has declined by 35 million liters following the January fuel price hike announced by President Emmerson Mnangagwa. According to the Governor […]
South Africa: study shows decentralized renewable energy can improve the grid
A new study commissioned by the South African Wind Energy Association (SAWEA) indicates there are huge opportunities for corporates and municipalities to go for affordable […]
Washington lauds Rabat for repatriating eight citizens held in war-torn Syria
The US State Department Sunday welcomed Morocco’s move to repatriate eight Moroccan citizens held in Syria by the Syrian Democratic Forces (SDF), a US-Backed Kurdish-Arab […]
Qatar Airways expands operations with Doha-Rabat route
Qatar’s national flagship carrier has announced the launch late May of a new route to Morocco, connecting Doha to Rabat, in addition to already existing […]