2021, January, 12, 11:20:00SENEGAL GAS PROGRAM $4.3 BLN
The delay from a planned 2022 start has denied Senegal much-needed oil and gas revenues as its economy seeks to recover from the impact of the pandemic, which pushed down its 2020 economic growth target to 0.7%.
2020, December, 2, 14:30:00INDIA'S RENEWABLE PLAN $20 BLN
India's renewables energy plan will require an annual investment of $20 BLN.
2020, November, 23, 11:55:00KENYAN RENEWABLES WILL UP
With renewable energy making up a staggering 70% of Kenya’s energy mix in 2018 (Onyango, 2018) and as high as 87% as of January 2020, (Zarembka, 2020) one would be curious to see what steps Kenya took to shape its renewable energy landscape and attract private sector investment.
2020, June, 11, 10:05:00NIGERIA AGREES TO OPEC+
"Our oversupply was a little less than 100,000 b/d against the agreed numbers, and so that is not really that significant," Kyari said.
2020, May, 20, 11:05:00THE NEW NIGERIA'S LNG
Nigeria LNG took a major step forward by signing the EPC contract for its Train 7
2020, May, 14, 15:45:00SHELL INVESTMENT TO NIGERIA'S LNG
Shell announced that all conditions for its Final Investment Decision (FID) on a new LNG processing unit at Nigeria LNG (NLNG) have now been met.
2020, April, 9, 11:35:00SUB-SAHARAN AFRICA RECESSION 2020
Growth in Sub-Saharan Africa has been significantly impacted by the ongoing coronavirus outbreak and is forecast to fall sharply from 2.4% in 2019 to -2.1 to -5.1% in 2020, the first recession in the region over the past 25 years,
2020, March, 16, 10:20:00AFRICA HOPES FOR GAS
Africa hopes to exploit its 509.6 Tft3 of proven natural gas reserves, which amount to nearly 7.3% of global total reserves of 6,951.8 Tft3.
2020, February, 19, 11:05:00NIGERIA'S GDP GROWTH 2%
Nigeria's GDP growth forecast for 2020 was revised down to 2 percent to reflect the impact of lower international oil prices. Inflation is expected to pick up, while deteriorating terms of trade and capital outflows will weaken the country’s external position.
2020, January, 27, 14:30:00NIGERIA'S GAS PIPELINE INVESTMENT $2.5 BLN
Nigeria has 202tn ft³ of proven gas reserves and an additional 600tn ft³ of unproven potential resources. Despite having the largest gas reserves in Africa, only c.25pc of these reserves are currently productive.
2020, January, 22, 12:30:00NO COAL FOR AFRICA
The UK will no longer fund coal projects overseas, British Prime Minister Boris Johnson announced today during his opening address at the UK-Africa Investment Summit in London. Instead, the government will "turbo-charge" its support for low-carbon energy sources, he said, noting that the UK has cut its CO2 emissions by 42% from the 1990 level. The country is the host of the next round of UN climate talks - COP26 - in November.
2019, December, 30, 11:05:00NIGERIA'S LNG WILL UP 35%
The project, expected to start up in 2024, will increase Nigeria's LNG output capacity by 35% from current levels of 22.5 million mt per year to over 30 million mt per year, NLNG said.
2019, December, 27, 10:20:00NIGERIA'S STAKE WILL UP TO 60%
The Nigerian National Petroleum Corporation (NNPC) has a 20%stake in the plant some 60 miles (100 km) southeast of Lagos.
2019, December, 20, 10:25:00LNG IMPORTS FOR EUROPE UP
Europe’s imports of liquefied natural gas (LNG) have been steadily increasing since October 2018, and reached a new monthly record of 12.7 billion cubic feet per day (Bcf/d) in November 2019
2019, December, 6, 13:45:00ВЗАИМОДЕЙСТВИЕ РОССИИ, НИГЕРИИ
“С удовольствием хотел бы отметить, что наши контакты стали более регулярными и насыщенными, а сотрудничество между компаниями из России и Нигерии планомерно нарастает. Мы приветствуем подписание «на полях» саммита «Россия-Африка» меморандума о взаимопонимании между ПАО “ЛУКОЙЛ” и нигерийской нефтяной госкорпорации Nigerian National Petroleum Corporation, при этом есть стремление к развитию и газового сотрудничества”, - подчеркнул глава Минэнерго России.