All posts tagged "Energy news"
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Government of Madagascar gets Euro 4 million for Sahofika hydropower project
ABIDJAN, Ivory Coast, — The African Development Fund has approved a 4.02 million euro loan with a grant component to finance the Government of Madagascar’s...
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Moody says APICORP’s ‘Aa2’ Rating is Stable Despite Current Economic Conditions
APICORP continues to be the only Aa2-rated financial institution in MENA region Rating reaffirmation based on strong capital adequacy, high asset quality and strong asset...
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COVID-19: AEC, IAGC Calls on African Government to take Action to Sustain Oil & Gas Industry
These measures are intended to mitigate the expected loss of jobs and abandonment of erstwhile viable projects in the African oil and gas sector in...
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President Trump bans importation of certain power equipment
Washington, DC – President Trump has issued an executive order on May 1 banning the “acquisition, importation, transfer, or installation” of transmission and electric generating...
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APICORP CONTRIBUTES $500 MILLION TO MEMBER COUNTRIES TO TACKLE COVID-19 PANDEMIC
Dammam, Saudi Arabia: The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, announced today that it has launched a USD 500 million countercyclical...
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APICORP’s Callable Capital Increases from $1 billion to $8.5 billion
Callable capital increases from USD1 billion to USD8.5 billion Authorized capital also increased to USD20 billion and subscribed capital to USD10 billion USD500 million will...
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Shell unveils plan to be a net-zero company by 2050
Royal Dutch Shell has formally announced plans to reduce greenhouse gas emissions to net-zero by 2050. In an update to investors, Shell said that that...
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President Lourenço Re-Appoints Diamantino Pedro Azevedo as Mineral, Petroleum Minister in Angola
LUANDA, Angola – The Angolan and African energy industry has welcomed the reappointment of Diamantino Pedro Azevedo as Minister of Mineral Resources, Petroleum and Gas...
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Germany Boost Support for Energy Transition, Set to Host BETD 2020
By Ndubuisi Micheal Obineme Today, over 20 years after reunification, The Federal Republic of Germany is making giant strides to increase its support for renewable...
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Germany to Formulate ”A Green Deal with Africa” at German-African Energy Forum 2020 in Hamburg
The must-attend event for your energy business — one of the fastest-growing sectors in Africa The 14th German-African Energy Forum – ”A Green Deal with...
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AFRICAN DEVELOPMENT BANK APPROVES NTEP-1 PROJECTS WORTH $210 MILLION
The board of the African Development Bank (AfDB) has approved TCN’s $210Million NTEP -1 projects in a board resolution yesterday in AfDB Headquarters, Abidjan. The...
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2020 budget: N127b is Grossly Inadequate for the Power Sector
By Ikenna Omeje In the last 59 years existence of Nigeria as an independent state, power generation, transmission, and distribution has been one of the...
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Leading tech firms, experts brainstorm at Schneider Electric’s Innovation Day 2019
LAGOS, 10 October. Experts in technological innovations, automations and energy management met at Schneider Electric’s Innovation Day, which held at Lagos Continental Hotel, on the...
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Safety, job creation: Schneider Electric, Partners Target 300 Electricians
Nigeria’s energy management giant, Schneider Electric in partnership with Agence Francaise de Development (AFD) and the National Power Training Institute (NAPTIN) will begin the second...
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Energy: Siemens unveils data-centric visualisation for City of Cape Town
By Dita Sunday Emeka CAPE TOWN, South Africa, — As global leaders descend on Cape Town this week to explore economic opportunities at the World...
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ENGIE acquires Mobisol and becomes market leader in the off-grid solar in Africa
By Alam John Paul PARIS, France, — ENGIE expands its decentralized energy offering in Africa through the acquisition of Mobisol, a pioneer of off-grid solar...
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Enterprise Products to Participate in Barclays CEO Energy–Power Conference
By Alam John Paul HOUSTON– Enterrise Products Partners has officially announced that it will host investor meetings at the Barclays CEO Energy–Power Conference Tuesday, September...
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Schneider’s EcoStruxure Accelerating at a Blistering Pace in Major Industries
By Ndubuisi Micheal Obineme Digitalization can improve safety, increase productivity and reduce costs in companies and industries. The era of digital technology is not only...
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Schneider Electric, Partners Launch Powering Job Campaign
Schneider Electric in partnership with PowerForAll and Rockerfeller Foundation earlier this week in Abuja launched a campaign to develop human capital towards curbing a widening...
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Next Move unveils Power Drive Electric Car
By Ndubuisi Micheal Obineme Next Move, a German based electromobility company, providing services relating to buying, charging and driving electric cars showcased its Power Driver...
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Japan adopts breakthrough technologies to achieve its set goals for Energy Transition
By Ndubuisi Micheal Obineme The Ministerial Meeting on Energy Transitions and Global Environment for Sustainable Growth was held in Karuizawa, Nagano on June 15 and...
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11 Million People Employed in Renewable Energy Worldwide in 2018 – IRENA Report
Abu Dhabi, United Arab Emirates: – Eleven million people were employed in renewable energy worldwide in 2018 according to the latest analysis by the International...
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Atlas Copco, Sweborg provides World-Class Innovative Solutions in Nigeria
By Ndubuisi Micheal Obineme Nordic companies have developed world-class technological solutions, in everything from industrial tools, education tools, transport solutions and energy efficiency to leadership...
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Falling Renewable Power Costs Open Door to Greater Climate Ambition
New IRENA report on costs for renewable power reaffirms renewables as low-cost solution to boost global climate action Abu Dhabi, United Arab Emirates, – Renewable...
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ABB’s pioneering non-invasive sensor wins Gold in German Innovation Awards
On May 28, 2019, ABB was awarded Gold at the German Innovation Awards in the category “Excellence in Business to Business – Electronic Technologies” for...
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First Subsidy-Free Solar Park Under Construction in Germany
BayWa renewable energy GmbH is building Germany’s first subsidy-free solar park, proving that solar energy can now compete against conventional energy sources in Germany without...
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ABB launches High-voltage products to reduce transmission losses on solar plants
ABB has launched a selection of Fusegear with 800V AC ratings to support the higher voltage architectures in solar power plants. The InLine II, EasyLine...
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Chalmit Launches Protecta X A New Generation of LED Lighting for Hazardous Areas
Chalmit, the world’s leading manufacturer of lighting for harsh and hazardous environments, has launched the Protecta X LED. The revolutionary, new luminaire is up to...
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Siemens signs agreement to refurbish Iraq’s electrical power grid
Berlin (dpa) – Iraqi government representatives and Germany’s Siemens industrial conglomerate signed an implementation agreement on wide-ranging refurbishment of the Iraqi electrical power grid in...
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DEWA Adds 700MW to M-Station, Largest Power and Desalination Plant in UAE
Dubai, United Arab Emirates: HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance, and President of Dubai Electricity and Water...
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AKK Project: President Buhari Shown Dedication to Local Content Development – Oilserv Chairman
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President Buhari Flags-off Construction of 614km Ajaokuta-Kaduna-Kano Gas Pipeline
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Flag Off of $2.8 Billion AKK Project 95 Percent Ready – Oilserv
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Manufacturing Holds Key to Recovery of Oil and Gas Markets, Expert says
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Nigeria reaffirms Commitment to Comply with OPEC+ Production Agreement
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OPEC Calls on Oil Producers to Adhere to Production Adjustment
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OPEC+ Extends First Phase Production Adjustment till July 2020
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Liberia auctions oil blocks online due to Coronavirus outbreak
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