Search results

Italian export credit agency Sace’s growing focus on Africa saw it reach E1bn ($1.26bn) in insured transactions in sub-Saharan Africa in 2009.

A new and obscure player has emerged in the battle to secure choice sub-Saharan Africa oil and gas reserves, with a $4.8bn bid by Lagos-based Sunrise for ExxonMobil’s Nigeria assets

A new and obscure player has emerged in the battle to secure choice sub-Saharan Africa oil and gas reserves, with a $4.8bn bid by Lagos-based Sunrise for ExxonMobil’s Nigeria assets.

In statements, press briefings and interviews, Royal Dutch Shell on 21-22 June sought to reassure Nigerian communities that it was reviewing the much-derided safety of its local operations following the BP oil spill in the Gulf of Mexico and making a vital contribution to the nation’s economy.

Two new committees to spearhead and monitor reform and efforts to unify contracts reveal the president’s focus on achieving stable power supply.

CAMEROON: Foster Wheeler wins Sonara work; CHAD: Pipeline completed; NIGERIA: KBR refinery contract

Climate Council launched; PRI markets stay closed to oil sector; USTDA backing for renewable energy

The Nigerian-German Energy Partnership's Nigerian chair is influential former diplomat Alhaji Hassan Tukur, who on 17 May became President Goodluck Jonathan's new principal secretary

REPUBLIC OF CONGO: Third production well on Azurite field; LIBYA: NOC announces six discoveries; BURUNDI: Surestream contracts RPS for EIA; EGYPT: Second Matruh find for Apache; LIBYA: Neptune order thought to mark start of Gazprom project; LIBYA: Poles launch drilling programme; MAURITANIA: Dana, Petronas to drill; NIGERIA: Acergy contract; TANZANIA: BG confirms Ophir farm-in

Goodluck Jonathan and his allies have proved ruthless in their efforts to reshape the Nigerian energy industry, with the president firing the second NNPC head of his short tenure, while his crackdown on corruption is removing some powerful PDP figures opposing his bid for a second term

The new Nigeria National Petroleum Corporation (NNPC) group managing director is a low-profile Harvard and Oxford-educated engineer from the central Kogi state, who joined NNPC in 1977 and became Warri Refining and Petrochemicals Company’s head of planning in 1987. Oniwon then served as technical assistant to the downstream department’s group executive director (1988-91), before serving as head of Kaduna Refining and Petrochemicals Company’s Engineering and Technical Services Department (ETSD) in 1991-92. Following this, Oniwon was appointed head of NNPC’s New Business Development, Corporate Planning and Development Division, until moving to become head of ETSD at Port Harcourt Refinery (1993-99).

Shell Petroleum Development Company of Nigeria (SPDC) has announced that its integrated oil and gas project in Bayelsa state will begin supplying gas to an independent power project (IPP),

A London-based trade financier said refined crude oil products still represented “the key market” for trade financiers in Nigeria, reporting that pricing was “fairly stable”. But other market players who talked to African Energy had a different analysis. London Forfaiting Company (LFC) managing director

US renewable energy developer Revonergy says it has been assigned the rights to develop and own a wood waste-to-energy project in Ondo state (AE 161/15, 140/9).

EGYPT: EDEPC contracts; EGYPT: Ain El Sokhna contract; GHANA: Takoradi expansion boost using WAGP gas; KENYA: KenGen to reduce emergency power; MOZAMBIQUE: EIB funding for power access; NIGERIA: Afam VI expansion; TUNISIA: EIB considers funding Sousse CCGT; ZIMBABWE: China Ex-Im to fund Kariba expansion