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Page : 2009 - Results of 20081 to 20090 from 22593 Results

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25/04/2016
The fuel scarcity situation in Nigeria is expected to worsen especially in Lagos as technical faults have made the Satelite Depot to shut down. The depot which shut down over the weekend has affected efforts to distribute fuel in Lagos. “As I speak with you now, the depot is not functional, it broke down a few days ago worsening distribution efforts of marketers,” Alamu Ayo, Chairman...
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25/04/2016
Rwanda’s Minister of Natural resources, Vincent Biruta said $1.6 billion were needed to implement national green growth and climate resilience strategy, for 15 years. The strategy includes 14 programmes impacting sectors such as energy, agriculture, water and forest management. “We need growth that can cope with climate change. We are assessing implementation of this and also looking...
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25/04/2016
In Burkina Faso, the 2015-2016 cotton season fell by 18% to 581,000 tons. According to the Burkina Faso Inter-Professional Cotton Association (AICB in French), this was due to bad weather conditions. The season was indeed punctuated by long droughts, delayed rains, and floods. Production fall will inevitably impact Burkina’s economics as cotton is its second major source of revenue....
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25/04/2016
SacOil Holding Ltd., has delayed the signing of a joint-venture deal with its partners, to construct a $6 billion pipeline to convey gas from offshore Mozambique to Gauteng in South Africa, Bloomberg reports. According the SacOil Chief Executive Officer, Thabo Kgogo (photo), the company is still interested in the project but the board felt that the process (which is supposed to be completed...
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25/04/2016
Kenya has signed a newly proposed 2015 Model Production Sharing Contract (PSC) which will prevent the country from having to pay taxes for oil companies. This new oil production-sharing model is beneficial to the country and excludes clauses present in the previous model that allows oil companies produce oil at a great benefit. According to a report released by Oxfam, a civil organization...
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25/04/2016
South Africa's Energy minister, Tina Joemat-Pettersson (photo) has said that the country is ready to work together with Iranian companies in terms of energy projects. According to her, South Africa is prepared to convert MoUs to be signed with Iranian counterparts into trade proposals for conducting transactions. “The position of South Africa in the European Union can serve as a good...
Law
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22/04/2016
Hosting more than 20,000 refugees to date, Togo has revised its law on refugees’ status which became obsolete as protection standards changed. The new act, voted last month by the National assembly, plans, among other things, for the establishment of an Appeal commission. Refugees can request for a re-assessment of their documents in case rejected. The law also plans for measures in the...
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22/04/2016
Over the past year, press freedom across the world has deteriorated greatly compared to this year. As a result, Africa passed America in Reporters without Borders’ press freedom index published on April 20, 2016. Be it in the south, north or center, America came down in the rankings. USA went down 8 places while Canada lost 10 places. Africa and Middle East however are the regions where...
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22/04/2016
The Chief Executive Officer of Ghana's Petroleum Commission (GPC), Theo Ahwireng, has said that by 2019, Ghana's gas output will increase. According to him, gas production will reach 300 million Mmscf/d, while oil production will reach between 180,000 and 200,000 bpd. He said the rise will be possible through the commencement of gas production from new fields being developed. Ahwireng added that...
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22/04/2016
In Nigeria, NIPCO Plc, has announced that it has enlarged its storage capacity to improve efforts at meeting the needs of stakeholders at all times. According to the Managing Director of NIPCO Plc, Venkataraman Venkatapathy (photo), the new storage facility has the capacity to store 34 million litres of petroleum products. He noted that the added storage, has now increased the company’s...
 

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