The African Development Bank (AfDB) has approved $50 million framework financing for small-scale renewable energy projects in Zambia.

Due to recent droughts, Zambia has experienced a severe electricity supply deficit. In response to this issue, the Zambian government launched the Renewable Energy Feed-in-Tariff (REFiT) policy in 2017 that will allow better investments in small-scale renewable projects.

Primarily"...

The China National Offshore Oil Corporation (CNOOC) is to invest an additional three billion dollars in its existing stakes in offshore oil and gas operations in Nigeria.

Mr Ndu Ughamadu, the Nigeria National Petroleum Corporation (NNPC) spokesman said this in a statement on Sunday in Abuja.

Ughamadu saidMr Yuan Guangyu, the Chief Executive Officer of the Beijing-based"...

The continuing shortage of fuel and repeated power cuts have forced cement factories in Sudan’s River Nile state to reduce their production by more than half.

The Atbara Cement Plant has reduced its production from 120,000 tons per month to 60,000 tons, an employee told Radio Dabanga on Friday.

He said that the cement production in El Salam Factory dropped from 60,000"...

A refined products pipeline linking Kenya’s capital Nairobi with the port city of Mombasa is complete and ready for use, state-run Kenya Pipeline Company (KPC) said on Wednesday.

The 450 km pipeline will eliminate an estimated 700 oil tanker trucks per day that transport fuel by road between Mombasa and Nairobi, KPC said in a statement.

It “will also enhance"...

The Brazilian state-owned oil company Petróleo Brasileiro SA is poised to accept the sale of its stake in its African subsidiary for about 1.3 billion dollars.

According to local paper newspaper Valor Econômico, Petrobras owns 50% of Petrobras Oil & Gas BV, or Petrobras Africa.

Brazilian financial company, BTG Pactual SA holds a 40% stake in the company"...

Nigerian lawmakers voted on Tuesday to investigate the state oil firm over a shortfall in revenue remittances to government coffers, in a motion passed by the lower house of parliament.

Last month, Nigeria’s finance minister called the Nigerian National Petroleum Corporation’s (NNPC’s) payments to the government account “unacceptable”, as they were less than expected in light of higher crude oil prices.

Those"...

Eni announces a second light oil discovery on the B1-X exploration prospect located in South West Meleiha license, in the Egyptian Western Desert, some 130 Km North of the oasis of Siwa.

The well is the second one drilled by Eni to explore the deep geological sequences of the Faghur Basin. SWM B1-X has been drilled 7 km away from the first discovery (SWM A2-X), to a total depth of 4,523 meters and encountered 35 meters net of light oil in the Paleozoic"...

Sumitomo SHI FW (SFW) announces today that it has been awarded a contract by GS Engineering and Construction for design and supply of the Dangjin Biomass No. 2 Power Plant Project Boiler Island. The new boiler island will be located next to the Dangjin Biomass No. 1 Power Plant which was delivered by SFW in 2014. Commercial operation of the new plant is scheduled for 2021. SFW will design and supply the 100 MWe CFB steam generator and auxiliary equipment for the boiler island, including a cold end SCR and baghouse for flue gas cleaning. The steam generator will be designed to burn wood pellets, wood chips and palm kernel shells, while meeting applicable environmental regulatory requirements. Tomas Harju-Jeanty, CEO, Sumitomo SHI FW, said: “We are very pleased to continue our long relationship with GS E&C and provide yet another opportunity to demonstrate SFW’s CFB technology......

The Kenya Electricity Transmission Company (Ketraco) is on the spot over delays in completing power lines worth Sh38.7 billion due to termination of contracts, way-leaves acquisition and contractor financial challenges.

Auditor-General Edward Ouko said Ketraco has significantly delayed completion of five major projects under implementation in the years to June 2015.

Key"...

Sudanese Petroleum Minister, Azhari Abdul-Gadir on Sunday announced that oil production in South Sudan’s former Unity State will begin in two months’ time.

Addressing the press in Khartoum after a meeting with the Sudanese Vice President and Prime Minister Bakri Hassan Saleh, Abdul-gadir said the ministry is geared up to increase oil production in the coming period.

He"...