TCN says Grid Restoration across the Country is in Progress after Collapse The Transmission Company of Nigeria, TCN, has stated that grid restoration nationwide is in progress and has reached advanced stages with power supply now available in the West, North Central, South, East, and a large portion of the Northern parts of the country….
Korea and Africa Rally Additional Finance and Technology for Universal Energy Access and to Make Africa World’s Breadbasket The Korea Trust Fund and the $600 million Korea-Africa Energy Investment Framework will support African countries in strengthening human capacity and developing their energy sectors. The 7th Korea-Africa Economic Cooperation (KOAFEC) Ministerial Conference opened in Korea’s second-largest…
Sahara Group Advocates Collaboration for Energy Transition Sahara Energy International Singapore, a Sahara Group Company has called for more collaboration on gas development to accelerate the nation and Africa’s march towards energy transition. The call was made when Sahara Energy played host to Nigeria’s Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, Permanent Secretary,…
Africa Presents Challenges, Solutions in Clean Energy Transition Africa’s role in the global energy transition is at a key turning point, finance and business leaders said in London on Thursday, with the potential to leapfrog ahead in green energy with the right funding and support. The continent is rich in the commodities needed for the…
Saudi Aramco Relaunches 1.8 Billion USD Oilfield Tender After Snubbing McDermott Saudi Arabia’s oil giant Aramco has relaunched a tender for $1.8 billion worth of contracts for the expansion of the Zuluf offshore oilfield, having canceled deals previously awarded to U.S. firm McDermott, Upstream reported on Monday, quoting several sources with knowledge of the plans….
Feedgas Volumes to U.S. Freeport LNG Plant Plunge The volumes of feedgas into the major U.S. LNG export facility Freeport LNG plummeted this weekend, at a time when the global gas market could tighten ahead of the winter with a strike at Australian LNG plants and maintenance in Norway. Feedgas flows to Freeport LNG plunged…
Power Cuts Hit Sierra Leone after 40 Million USD Unpaid Debt Turkey’s Karpowership has switched off electricity supply to Sierra Leone’s capital city Freetown over an outstanding debt of some $40 million, the energy minister of the West African country told Reuters on Friday. Karpowership has 36 powerships with a total of 6,000 MW of…
We Must Bring Africa Out Of Energy Poverty – NNPCL Chief Strategy Officer The Chief Strategy and Sustainability Officer of the Nigerian National Petroleum Company Limited, Oritsemeyiwa Eyesan, has called for more support from oil and gas stakeholders to take the continent of Africa out of energy poverty. She said this at the 2023 edition…
NERC and NiNAS Collaborate to Improve Power Sector Laboratory Testing The Nigerian Electricity Regulatory Commission, NERC, collaborating with the Nigeria National Accreditation System, NiNAS, has held training on competence requirements testing and calibration laboratories – ISO/IEC 17025:2017. The three-day meeting held at the NERC headquarters had the theme: Understanding the application of ISO/IEC 17025:2017 in…
Weakening Demand Could Send Oil Prices Back Down to 71 USD – Gunvor Brent Crude prices could retest the $71-72 per barrel threshold over the next six months amid weakening demand in Europe and the United States and a lot of uncertainty over China’s consumption, commodity trading giant Gunvor Group says. The oil market is…
