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NIGERIA: PIB will Commercialise NNPC not Scrap the Oil Company

Contrary to reports concerning the provisions of the Bill sent to the National Assembly by the President of Nigeria, the Minister of State for Petroleum Resources, Timipre Sylva, has dismissed...
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President Buhari Sends PIB to Nigeria’s National Assembly

President Muhammadu Buhari has reportedly sent the Petroleum Industry Bill 2020 to the National Assembly for it to be reviewed and passed. The much-awaited bill has been in the works...
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Burkina Faso Inaugurates First Solar Panel Manufacturing Plant; Tunisia Issues Fresh Tender for Solar Projects

The Prime Minister of Burkina Faso has inaugurated the country's first solar panel production plant in the industrial zone of Kossodo. Owned by Faso Energy, the plant can produce 60...
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Gabon Oil Production Appreciates by 3% in H1 2020

In the conjuncture report published by the General Directorate of Economy and Fiscal Policy in Gabon for H1 2020, the country produced 41 million barrels of oil, a 3% appreciation....
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Egypt Signs New $934 Million Agreement for the Exploration and Development of Gas

In continuation of its program to attract more foreign companies to the development of its gas sector, Egypt recently signed eight (8) new exploration agreements worth $934 million this week....
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BPA’s 250 MW Power Project to Add to Ghana’s Power Generation

The Managers of the Bui Hydropower Dam project in the Banda District of the Bono Region in Ghana, the Bui Power Authority (BPA), is constructing a $48 million solar power...
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Egypt Surpasses Daily Crude Production Rate for the First Time in Almost 7 Decades

Egypt recently announced that it has exceeded its production rate of 650,000 barrels of oil per day (bopd) for the first time since the late 1950s. Atef Hassa, Head of...
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National Oil Corporation of Libya Opens the Zuetina Port for Oil Exports

The National Oil Corporation (NOC) of Libya has announced the reopening of the third port to resume operation in less than a week in Libya. The NOC is ending force...
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EWURA Tanzania Releases Petroleum Products Report for 2019; Records High Numbers

A new report by the Tanzanian Energy and Water Utilities Regulatory Authority (EWURA) shows that the Liquefied Petroleum gas (LPG) market in Tanzania made a double-digit growth in 2019. The...
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Elecnor Exits from Mauritania’s Wind Power Project

Elecnor withdraws from the Boulenouar wind power project in Western Mauritania. This is a win for German energy company, Siemens, who formed a consortium with Siemens Gamesa Renewable Energy, a...
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