Blog - Page 76 of 123 - Ibe Kachikwu

21st December 2020

Nigerian Senate Fixes Crude Oil Price at $40 per barrel for 2021

The Senate of the Federal Republic of Nigeria has passed the 2021-2023 Medium Term Expenditure Framework (MTEF) and the Fiscal Strategy Paper (FSP) and set the benchmark for crude oil...

20th December 2020

Total and Greentech to Build and Operate 35 MWp Solar Plant in Angola

A subsidiary of French oil and gas company, Total - Independent Power Producer (IPP), Total Eren, has obtained the agreement of the Angolan government to build a 35 MWp photovoltaic...

19th December 2020

JICA Launches Study in the Renewable Energy Sector in Tunisia

The Japanese International Cooperation Agency (JICA), Tunisia has announced the launch of a study in the renewable energy sector. The study forms part of the cooperation between Japan and Tunisia...

19th December 2020

Cairn Returns $250 million to Shareholders Upon Completion of Sale of Senegal Assets

Cairn Energy has announced that it has completed all the Government and third-party approvals required under the Sale and Purchase Agreement (SPA) for the sale of all its interests in...

18th December 2020

Equatorial Guinea Forecasts Increased Investments and Hydrocarbon Output in 2021

Equatorial Guinea Ministry of Mines and Hydrocarbons has announced the conclusion of several meetings for the evaluation of the Work and Budget Programs for the development of the country's oil...

18th December 2020

Tanzania Sees an Increase in Gas Production and Supply; Malawi Increases Fuel Price

Wentworth Resources Limited announced an increase in production of natural gas in Mnazi Bay, Tanzania, in November 2020. The increase in demand caused the production at the Bay to rise...

18th December 2020

Egypt to Develop Projects on Iraqi Territory in Exchange for Petroleum Products

Egypt is to implement the development agreements signed with Iraq in October to strengthen bilateral cooperation between the two parties. The terms of the agreement states that Cairo is to...

17th December 2020

China to Disburse 85% of Total Amount for AKK Gas Pipeline to Nigeria Soon

The Federal Government of Nigeria has announced that China has approved and will disburse its 85% loan required to fund the $2.6 billion Ajaokuta-Kaduna-Kano gas pipeline project. The news was...

17th December 2020

The Gambia, Guinea Bissau and Mali have Launched a Joint Call for Tenders for the Installation of Power Lines

The Gambia, Guinea Bissau and Mali have launched a call for tenders for the establishment of rural electrification infrastructure. In all, 4,961 kilometres of medium voltage lines, 3,609 kilometres of...

16th December 2020

OPEC Publishes MOMR for December 2020

The Organisation of Petroleum Exporting Countries (OPEC) has published its Monthly Oil Market Report for December 2020. This is the last report to be published in 2020 with the next...