COVID19 – Shell to Cut a Possible 9,000 jobs by 2022
The Royal Dutch Shell has announced plans to cut 7,000 to 9,000 jobs in response to the fall in global oil demand caused by the coronavirus pandemic. This comes five...
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Egypt Inaugurates new Refinery Project in the Mostrod Region
As part of the Egyptian Ministry of Petroleum and Mineral Resources' plan to increase production and attain self-sufficiency in petroleum products, President Abdel Fattah al-Sisi of Egypt inaugurated the Egyptian...
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South Africa Plans to Add 6.8 GW of renewable energies to Eskom from IPPs from 2022
The Government of South Africa has validated a plan to add 11.8 GW to Eskom's network with 6.8 GW to be produced via renewable sources from 2022. The Government has...
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Acoustic Data to deploy its Wireless Monitoring System to Gas Field Project in North Africa
Global wireless well technology provider, Acoustic Data, has been awarded the contract to deploy its SonicGauge Wireless Monitoring System in a gas field project in North Africa. The provider was...
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South Sudan and Sudan Agree on Deal to Develop Oil Cooperation
In a statement by the Ministry of Energy and Minerals Sudan dated 28th September 2020, Sudan and South Sudan have agreed to a draft deal to develop oil cooperation which...
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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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