In recognition of energy access impact on women in Sub-Saharan African countries. Women are emerging, not just as consumers of a new wave of innovative energy access products and services, but also as leading entrepreneurs and leaders – shaping the industry. In view of this the International Energy Agency (IEA) report has disclosed that about 600…
Rocky Mountain Institute (RMI) and the Rural Electrification Agency (REA), have set to release a first-of-its-kind, three-year roadmap for Africa on May 1, 2018. This will outlines how to achieve $0.20/kWh from electric minigrid technology by 2020. The roadmap will outline how much capital is required and a plan for transitioning funding from grants and…
OPEC for the first time is forecasting that new oil supplies from its rivals will exceed growth in demand this year as the U.S. industry thrives. The Organization of Petroleum Exporting Countries raised its expectation for supply growth from the U.S. and other producers for a fourth consecutive month, according to its monthly market report….
Royal Dutch Shell Plc and Eni SpA may have misled regulators in Nigeria by wrongly attributing oil spills to theft and sabotage in order to avoid paying compensation to affected communities, rights group Amnesty International said. “Amnesty International researchers have identified that at least 89 spills may have been wrongly labeled as theft or sabotage…
The International Energy Agency (IEA), the International Energy Forum (IEF) and the Organisation of the Petroleum Exporting Countries (OPEC) met today at the OPEC Secretariat in Vienna, Austria, to participate in the 6th Joint IEA-IEF-OPEC Workshop on the Interactions between Physical and Financial Energy Markets. The high-level meeting was co-chaired by OPEC Secretary General, Mr Mohammad…
By Energy Worth The Federal Government has said that the Zungeru Hydro Power Plant currently under construction by the Chinese company EEC/Sino Hydro was 45 per cent complete. Consequently, the 700MW project’s initial completion date is expected towards the end of 2019. Speaking to journalists during a site visit to the project in Zungeru, Niger…
The Nigeria Extractive Industries Transparency Initiative (NEITI) has said even though financial accountability has improved, the Nigerian National Petroleum Corporation (NNPC) still hasn’t explained billions of dollars of missing revenue. While energy producers have cooperated and complied with requirements to publish payments, NEITI has struggled with the state-owned NNPC, Executive Secretary of NEITI, Waziri Adio,…
The Nigerian National Petroleum Corporation (NNPC), has disclosed that a total of 828 million standard cubic feet, mscf of gas per day was delivered to the gas-fired power plants in December 2017. This, the corporation said, enabled the power plants to generate an average of 3,342 Mega Watts, MW, a modest 11.4% increase over the…
Editor of the leading mining trade journal, Mining Review Africa, Laura Cornish, in this exclusive interview expatiate on the Democratic Republic of Congo’s (DRC) President Joseph Kabila signing of the revised Mining Code into legislation. The news that President Joseph Kabila on recently signed the revised Mining Code into legislation. What does the new…
Senior Vice President of Exxon Mobil Corporation, Mark W. Albers, has announced his intention to retire, effective April 1, 2018, after more than 38 years of service. Albers, 61, was elected to his current position as senior vice president and a member of the corporation’s Management Committee in 2007. Throughout his career, Albers held a…
