Siemens, the famous global technology powerhouse and largest industrial manufacturing company in Europe, has won the Digital Solutions of the year award for its Siemens South Africa Head Quarters Micro Grid Project at the Africa Utility Week (AUW) Industry Awards.

The event, which took place in Cape Town, South Africa, this week, is touted as Africa’s largest power, energy and water trade expo and conference.

Over"...

Seplat Petroleum Development Company Plc has announced that its Q1 dividend payment will be determined by the exchange rates of ₦305.35 per US dollar; or $1=£0.7422, Nairametrics has reported.

This information is contained in a corporate disclosure made by the company, as was published on the NSE website.

Ghana’s balance of trade will be boosted by revenues from cocoa export and oil production this year, according to researchers at Standard Bank, parent company of Stanbic Bank Ghana.

This was contained in its April edition of the African Local Markets Monthly report prepared by Standard Bank.

According to the report, “after strong economic growth in 2017, reaching"...

(AETOS Wire) -- Schlumberger Limited (NYSE:SLB) will hold a conference call on July 20, 2018 to discuss the results for the second quarter ending June 30, 2018.

The conference call is scheduled to begin at 8:30 am US Eastern time and a press release regarding the results will be issued at 7:00 am US Eastern time.

To access the conference"...

Almost 20 years ago, approximately 400 million people in Sub-Saharan Africa had no access to electricity.

Today, the number of people without access has increased, as the population growth has outpaced infrastructure development. As a result, there are over 600 million people with no access to electricity today.

The lack of access to electricity is a particular problem"...

It’s meant to be a cash cow, but the state oil company of Africa’s biggest producer is bleeding money.

Nigerian National Petroleum Corp (NNPC), the Abuja-based behemoth that dominates the Opec member’s energy industry, has made losses for at least the last three years, statements on its website show. It will probably register another in 2018, according to Ecobank Transnational, as its refineries and fuel-retailing arm fail to generate"...

Farmers of El Gezira and El Managil Agricultural Scheme are warning for “famine in the country”, as they doubt the upcoming farming season will bring about any yields.

“The fuel crisis that has affected many walks of life and the daily movement of people is now threatening the agricultural season as well,” Hasabo Ibrahim, a leading member of El Gezira and El Managil Agricultural Scheme told Radio Dabanga on Sunday.

Three organisers of a demonstration against the lack of fuel in West Kordofan were detained by the military police in Babanusa on Sunday. In El Obeid, angry car owners blocked the highway to Khartoum in protest against the fuel crisis that is paralysing the entire country.

One of the demonstrators told Radio Dabanga that dozens of vehicle owners staged a peaceful march from fuel pumps in the town to the offices of the Babanusa security committee.

The Abu Dhabi National Oil Company (ADNOC) and OCP Group of Morocco (OCP) have agreed to explore the phased creation of a new global fertilizers joint venture, in a move that will accelerate the execution of both ADNOC and OCP’s international strategies.

The proposed joint venture will build on both companies’ competitive advantages, namely ADNOC’s world-scale sulphur production, ammonia and"...

Sudan’s Ministry of Oil and Gas said it would receive the second batch of oil pieces of equipment from the U.S. Baker Hughes during the next few days.

Baker Hughes is an international industrial service company and one of the world’s largest oilfield services companies.

The semi-official Sudan Media Center (SMC) has quoted the State Minister of Oil Saad al-Din"...