In Nigeria, the Nigerian National Petroleum Corporation (NNPC), has announced that it has made a deal with oil marketer to end fuel scarcity which has been causing noticeable queues throughout the country. The Group General Manager Public Affairs, Ohi Alegbe, in a statement, declared that the commitment of marketers in supporting measures provided by the federal government in bringing back...

In Tanzania, Bowleven Plc. has signed a conditional Heads of Terms (HOT) with Aminex Plc. to acquire 25% interest in the Kiliwani North Development Licence and also a 50% interest in the Ruvuma PSA. According to Kevin Hart (photo) the Chief Executive of Bowleven Plc, the choice to sign the agreement with Aminex follows the widespread screening of a huge number of opportunities in...

In Botswana, the North West District Council (NWDC) has announced plans to cut its fuel expenses by 10% to 15% in 2016. Speaking with the Maun Administration Authority (MAA) councillors in Maun recently, the council chairperson, Gaokgakala Letswee stated that a new fuel management system would be introduced to monitor the amount of fuel consumed daily. He added that fuel stations would be...

The Korea Gas Corporation (KOGAS), has announced plans to continue with the project of constructing pipelines coast to coast for the delivery of gas in Mozambique, a source from the company revealed. "Based on the close relationship with the Government of Mozambique, a nation that is emerging as a new country with energy resources, we are planning to carry out the project of building a natural...

In Egypt, Polarcus Limited, an innovative geophysical company has entered into an agreement with an undisclosed client for a 3D marine Seismic project, offshore Egypt. The company is to use the Right BAND technique for broadband to acquire data, according to a report from Polarcus’ Oslo Stock Exchange. Further details such as the value and also the vessel to be used for the project has not...

In order to join their efforts and expose their challenges as a group, about thirty Algerian companies from the information, communication and technology industry came together as a cluster. In fact, a convention was signed to this effect on 17 November 2015 with the National Agency for the Promotion of Technologic Parks (ANPT in French). The executives who signed the convention include...

The current situation at the Institution of Tunisian Television (ETT) is extremely surprising. Indeed, ETT’s Director General Mustapha Ben Letaïef who previously dismissed the Editor in chief of the news department, Hamadi Ghidaoui, was sacked. Also, directors of Watania 1 and Watania 2 channels, Iheb Chaouech and Chadya Khedhir resigned from their positions It all started from the diffusion...

Toro Gold Ltd, registered mining company of Guernesey, published on November 10, an update on its exploration activities for gold in Côte d’Ivoire that shows very encouraging results. For the four exploration permits where it is in joint-venture with the Australian firm Predictive Discovery, Toro says its exploration team has made an excellent start making rapid progress. This includes the...

Italian giant Eni will inject more than $2 billion in Egypt over the next four years for the implementation of a number of oil and gas projects which should provide a sustainable solution to the issue of the increasing demand in domestic energy in the country. The significant investment is subsequent to various changes, implemented by government, in the Sinai 12 and Abu Madi, North Port...

For private investors, the renewable energies sector represents a $13 billion worth investment opportunity. This was revealed by a report of Regional centre for renewable energies and energy efficiency. The country indeed plans to raise its energy capacity from 31 GW (2013) to 60 GW in 2020. 20% of this capacity or 11 GW will be derived from renewable energies. “There is currently more...