Kenya: Google to buy Africa’s largest wind farm
Google Inc. has agreed to buy a 12.5% stake in Africa’s largest wind project, Kenya’s Lake Turkana, from Danish wind turbine manufacturer Vestas Wind Systems […]
energy
Egypt ventures into Iraq for oil
Egypt has acquired 10% of the concession of Kuwait Energy, a private firm, on an oilfield in Basra, southern Iraq. Egyptian Petroleum minister Tarek El-Molla […]
Guinea: China to build $2 bln hydropower dam
Guinea is in talks with China International Water & Electric Corp. to build a $2 billion hydropower dam that would boost the West African country’s […]
Algeria scales up oil output by 32,000 bpd, officials
The Algerian ministry of energy announced Sunday its crude oil production has increased by 32,000 bpd after the start of two other oil fields. Algeria, […]
Zimbambwe: China to build $1.1bn thermal power plant
Zimbambwe signed on Thursday a $1.1 billion agreement with the China State Construction Engineering Corporation (CSCEC) to build a 600-megawatt thermal power plant by 2019 […]
Energy: Egypt signs deals with Russia’s Rosneft
Egypt’s government signed on Tuesday two initial deals with Russia’s top oil producer Rosneft to import petroleum products and LNG cargoes. Rosneft Chairman of the […]
West-Africa: Akon Lighting Africa to invest $ 200,000 in Energy
The Akon Lighting Africa initiative will give $200 000 dollars to support the newly created Western African Energy Leaders Group. The financial commitment was made by the […]
Algeria announces plan for global research recognition
Algeria has laid out research plans dedicated to overcoming their dependence on hydrocarbon resources which has been dwindling. The government will be establishing 100 new […]
Libya: energy and petroleum investment hub
According to a report entitled ‘Mergers and Acquisitions in the Oil and Gas Industry: Current Upstream M&A Issues and Transaction Considerations’ released by Deloitee, Libya […]
Mauritania: SNIM launches a cocktail of projects
The National Industrial and Mining Company (SNIM) recently launched important development projects at Zouerate with an outstanding budget of 12 billion ouguiyas. Among the multiple […]