Africa | Egypt Oil & Gas - Part 20

Africa’s Oil, Gas Industry to See Rapid Growth in 2016

Oil and Gas Technology published a Procorre consultancy report predicting a 2016 rapid growth of Africa’s oil and natural gas industry, expending a surge in the production capacity of 8m b/d of crude oil, as rec...

Africa-focused Tullow Oil to Cut Spending in 2016

Africa-focused oil producer Tullow Oil expects to cut its capital expenditure from $1.9b in fiscal year 2015/16 to $1.2b the following year, in yet another indication of industry expectations for low oil prices in the...

African Heads of State Head to India for Continental Summit

The King of Morocco Mohammed VI arrived at Indira Gandhi international airport to participate in the 3rd India-Africa Forum Summit, reported the New Indian Express. He is the first major guest to arrive and was accomp...

Google to Invest in Africa’s Largest Wind Project

Google announced that they are committing to invest in the Lake Turkana Wind Power Project in Northern Kenya, which will be their second clean energy investment in Africa, the company said in an statement. “When...

OILGASMINE Conference Coming to Sudan

The 17th edition of OILGASMINE Trade and Finance Conference and Exhibition will take place in Khartoum, Sudan, from November 23 to 26, reported Petroleum Africa. According to Trade Arabia the event will take place at ...

Study: 122 TWh of Power-From-Waste in Africa Possible in 2025

The total waste generated in Africa has the potential to produce up to 122.2 TWh of electricity in 2025, according to a study co-authored by the Joint Research Centre (JRC), SeeNews Renewables reported. This is more t...

1/3rd of South Africa’s Coal Miners Strike

South African coal miners began a strike after wage talks collapsed, disrupting the sector that produces the country’s electricity and exports coal to Europe and Asia, Reuters reported. The National Union of Min...

African Bank Head Says Electricity to Power Continent’s Industrialization

Akinwumi Adesina, the new president of the African Development Bank, declared that Africa should push to achieve universal access to electricity within a decade, reported Reuters. “Africa can easily have double-...

Luanda’s African Caucus Asks For New Funding Resources

The problems in developing the Continent due to lack of resources was highlighted during the welcoming speech of the President of the African Group and Minister of Finance of Angola, Armando Manuel, at Luanda Caucus 2...

Nigeria Feels Squeeze of Oil Price Plunge, Africa Suffers Too

The halving of crude prices has struck at the heart of Nigeria’ state finances, reveals Bloomberg, with no facet of the country’s oil revenues left unscathed. This includes, it emerges, Nigeria’s sov...

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