Nigeria and Egypt Showcase Clean Energy Solutions Through Technology Exchange
Nigeria and Egypt Showcase Clean Energy Solutions Through Technology Exchange Egypt’s Natural Gas Vehicles Company (Cargas) hosted a delegation from Nigeria’s petroleum sector, providing comprehensive briefings on Egyptian experience in converting vehicles to compressed natural gas technology. The visit represents part of expanding cooperation between the two African nations in alternative energy solutions. The Nigerian […]
Eni CEO Announces Major Investment Expansion in Angola’s Energy Sector
Eni CEO Announces Major Investment Expansion in Angola’s Energy Sector Italian multinational Eni’s CEO Claudio Descalzi revealed that Azule Energy has invested $5 billion in Angola with plans for additional substantial investments over the next four years. The announcement came during remarks highlighting Eni’s pioneering role in deepwater operations and complex market-oriented projects. Descalzi emphasized […]
Nigeria Embraces Natural Gas Transition as Diesel Dominance Wanes
Nigeria Embraces Natural Gas Transition as Diesel Dominance Wanes Agiba Petroleum Company, the joint venture between Egypt’s EGPC and Italian energy giant Eni, has successfully increased production from its Iris and Arcadia West areas to 12,000 barrels of oil equivalent per day. The production boost resulted from the Iris-5 well beginning operations, contributing an additional […]
Egyptian and Jordanian Ministers Strengthen Natural Gas Partnership
Egyptian and Jordanian Ministers Strengthen Natural Gas Partnership During his official visit to Amman, Egyptian Petroleum Minister Karim Badawi met with Jordanian Energy Minister Saleh Al-Kharabsheh to discuss enhanced cooperation in the oil and gas sector. The ministers emphasized building upon existing natural gas collaboration, utilizing established infrastructure including the gas network connecting both countries […]
Katsina State Achieves Remarkable Clean Energy Milestone with Over 1,000 MW
Katsina State Achieves Remarkable Clean Energy Milestone with Over 1,000 MW Katsina State has reached a groundbreaking renewable energy achievement, surpassing 1,020 megawatts of clean power generation in just over two years, Governor Dikko Umaru Radda announced during the state’s 38th anniversary celebrations. The remarkable milestone positions Katsina as a leader in Nigeria’s renewable energy […]
Egypt and TotalEnergies Explore Enhanced Cooperation in Mediterranean Gas Development
Egypt and TotalEnergies Explore Enhanced Cooperation in Mediterranean Gas Development Egypt and French energy giant TotalEnergies have engaged in high-level discussions to strengthen their partnership, with new investment opportunities emerging through the Egypt Upstream Gateway for both offshore and onshore oil and gas exploration. The meeting between Petroleum Minister Karim Badawi and Pascal Breant, Managing […]
EBRD Commits $74.1 Million to Massive Egyptian Wind Farm Project
EBRD Commits $74.1 Million to Massive Egyptian Wind Farm Project The European Bank for Reconstruction and Development has approved a substantial $74.1 million financing package for a 200 MW wind farm in Egypt’s Ras Ghareb region, marking a significant boost to the country’s renewable energy ambitions. The project, led by Infinity Power and Masdar, represents […]
Mauritania Renews Strategic Hydrocarbon Supply Partnership
Mauritania Renews Strategic Hydrocarbon Supply Partnership The Mauritanian government has renewed its hydrocarbon supply contract with Oryx Energies following Litasco’s withdrawal from the bidding process. Under this renewed arrangement, Oryx Energies continues its supply agreement, maintaining the relationship established under the previous contract covering April 2018 to April 2019. The National Commission of Hydrocarbons, operating […]
Nigerian Oil Workers Launch Major Opposition to Government Asset Sale Plans
Nigerian Oil Workers Launch Major Opposition to Government Asset Sale Plans In a dramatic escalation of tensions between labor unions and the Federal Government, Nigeria’s two largest petroleum worker unions have launched a fierce campaign against plans to sell government stakes in Joint Venture oil assets. The Nigeria Union of Petroleum and Natural Gas Workers […]
Federal Government Launches Verification of Niger Delta Oil Field Boundaries
Federal Government Launches Verification of Niger Delta Oil Field Boundaries The Federal Government has initiated a comprehensive verification process for disputed and newly drilled oil and gas fields in the Niger Delta region through the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC). The exercise aims to address longstanding boundary disputes and ensure fair revenue allocation […]