Interview between Susan Eckey, Norway’s ambassador to Uganda and The Independent’s Ronald Musoke on the growing bilateral relations between the two countries. Tell us about your impressions of Uganda since you arrived in 2015? Uganda is my first posting as a bilateral ambassador. I am a career diplomat and I started my foreign service in […]
Bill Gates, the world’s richest man, and fellow philanthropists have revealed details of a fund for clean energy technology to be used in countries that have committed public money to double research and development. Gates, co-founder of Microsoft Corp., will be joined by at least 27 other private investors in the so-called “Breakthrough Energy Coalition,” […]
WASHINGTON, Nov 24, CMC – A new study has shown that Latin America and the Caribbean boasts higher clean energy penetration than any other region assessed. “As of year-end 2014, 11 per cent of the 352 GW (gigawatts) installed there is from biomass, wind, small hydro, solar, and geothermal projects. When large hydro plants are […]
Mr. Sergius Oseasochie is the Managing Director/CEO, Relentech Integrated Services Ltd, Nigeria. He was recently elected into the House of Representatives to represent Esan North-East/Esan South-East of Edo State. In this interview with Ediri Ejoh, he lamented the non-passage of the Petroleum Industry Bill (PIB) by the seventh National Assembly and also emphasized the need […]
President of the Nigerian Gas Association, NGA, and Managing Director, Oando Gas & Power Limited, Mr. Bolaji Osunsanya, yesterday, called on the Federal Government to increase the prices of gas, stating that the country is losing an estimated $55 billion, about N11 trillion worth of investment due to its refusal to hike gas prices. Speaking […]
Oil prices would probably need to rise to about $75 to $85 a barrel from around $60 currently for Tullow Oil and Africa Oil to go ahead with their Kenyan project, the chief executive of Africa Oil said.CEO Keith Hill told the Reuters Africa Investment Summit he was confident that crude prices would recover to […]
AN indigenous oil and gas development, production and gas distribution company, Seven Energy International Limited, has emerged winner of the Indigenous Firm of the Year Award, conferred by the Petroleum Africa magazine. The award is given in recognition of Africa’s indigenous oil and gas companies for their investment and involvement in upstream, midstream and downstream […]
Oil & Gas explorers need to rethink their capex on exploration activity in Africa in the light of the drop in the global oil price: PwC analysis According to PwC’s ‘Fit for $50 oil in Africa’ analysis, Africa has seen substantial successes in the exploration for hydrocarbons over the last decade Oil & gas explorers […]
South Africa plans to improve its pipelines and ports to allow for more gas imports for use in power generation, the acting director general of the department of energy said on Tuesday. Africa’s most advanced economy is dependent on coal for power and also uses relatively expensive diesel for turbines. State-run power utility Eskom which […]
Actis, a UK-based private equity group, alongside partners Mainstream and Lekela Power, are setting up a $1.9bn renewable energy business that will capture and distribute energy across the African continent. The news of this investment comes at a particularly pertinent time; the continent’s most advanced economy, South Africa, is currently facing major blackouts as it […]
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