C.Africa
2019, January, 14, 11:05:00
U.S. NUCLEAR FOR AFRICA
ISSUES - Yet the United States still has an opportunity to help interested African nations overcome the obstacles to realizing their energy ambitions. Whereas Russia and China have large government investments in a few advanced nuclear technologies, the United States has a robust and thriving private sector for advanced nuclear development, drawing on both decades of public research and development and a high-tech investment ecosystem. From large national laboratories to small venture-backed start-ups, the United States has over 50 firms working on a diverse portfolio of advanced nuclear designs, many targeting smaller or niche markets.
2019, January, 11, 11:40:00
FAST ENERGY GROWTH
U.S. EIA - Energy consumption in Asia, the Middle East, and Africa continues to grow rapidly, with about 20% growth in each region between 2010 and 2016, according to newly available data in EIA’s International Energy Statistics database. In particular, energy consumption has been increasing in the Middle East and Africa, driven by economic growth, increased access to energy markets, and quickly growing populations. Energy consumption in Asia grew even as energy consumption in China declined between 2015 and 2016.
2018, December, 7, 07:45:00
RUSSIA, RWANDA NUCLEAR COOPERATION
ROSATOM - Aleksey Likhachev emphasized: “We are happy to share our more than 70 years’ expertise in the field of peaceful use of nuclear technologies with our Rwandan partners. We hope that our cooperation in that area will contribute to the economic growth and improve the quality of life of the Rwandan population”.
2018, December, 7, 07:40:00
RWANDA'S GDP GROWTH 8.6%
IMF - Rwanda’s real GDP growth has been recovering over the past four quarters and averaged 8.6 percent in the first half of 2018.
2018, November, 12, 12:00:00
TOTAL'S INVESTMENT TO ANGOLA: $16 BLN
THE LOCAL FRANCE - Angola and French oil giant Total formally launched a major new offshore oil project Saturday to aid the country's economy that plunged into crisis following oil price dips in 2014.
2018, October, 10, 07:40:00
EXXON AND ROSNEFT IN MOZAMBIQUE
REUTERS - The Mozambican government said on Monday it had signed oil exploration agreements with U.S. energy firm Exxon Mobil and Russia’s Rosneft.
2018, September, 21, 10:20:00
WORLD OIL DEMAND: 100.23 MBD
OPEC - Total oil demand for 2018 is now estimated at 98.82 mb/d. In 2019, world oil demand growth is forecast to rise by 1.41 mb/d. Total world oil demand in 2019 is now projected to surpass 100 mb/d for the first time and reach 100.23 mb/d.
2018, September, 13, 14:00:00
NUCLEAR POWER NEEDS INVESTMENT
IAEA - Overall, the new projections suggest that nuclear power may struggle to maintain its current place in the world’s energy mix. In the low case to 2030, the projections show nuclear electricity generating capacity falling by more than 10% from a net installed capacity of 392 gigawatts (electrical) (GW(e)) at the end of 2017. In the high case, generating capacity increases 30% to 511 GW(e), a drop of 45 GW(e) from last year’s projection. Longer term, generating capacity declines to 2040 in the low case before rebounding to 2030 levels by mid-century, when nuclear is seen providing 2.8% of global generating capacity compared with 5.7% today.
2018, August, 13, 13:30:00
ANGOLA'S OIL EXPORTS UP TO 1.63 MBD
PLATTS - Angola's crude oil exports rebounded to a four-month high of 1.63 mil b/d in June even as the OPEC member struggles to arrest declines at some of its ageing deepwater oil fields, finance ministry data showed.
2018, August, 6, 12:55:00
KENYA'S GDP UP TO 5.7%
IMF - Kenya’s economy has continued to perform well, with real GDP growth accelerating to 5.7 percent in the first quarter of 2018, from 4.9 percent in 2017.
2018, July, 16, 10:35:00
CHINA'S INVESTMENT FOR NIGERIA: $14+3 BLN
AN - China National Offshore Oil Corp. (CNOOC) is willing to invest $3 billion in its existing oil and gas operation in Nigeria, the Nigerian National Petroleum Corporation (NNPC) said on Sunday following a meeting with the Chinese in Abuja.
2018, July, 16, 10:20:00
NIGERIA'S GDP UP 2%
IMF - Higher oil prices and short-term portfolio inflows have provided relief from external and fiscal pressures but the recovery remains challenging. Inflation declined to its lowest level in more than two years. Real GDP expanded by 2 percent in the first quarter of 2018 compared to the first quarter of last year. However, activity in the non-oil non-agricultural sector remains weak as lower purchasing power weighs on consumer demand and as credit risk continues to limit bank lending.
2018, July, 11, 08:55:00
NIGERIA'S OIL INVESTMENT $10 BLN
BLOOMBERG - The $10 billion refinery, set to be one of the world’s largest and process 650,000 barrels of crude a day, should be near full capacity by mid-2020, Edwin Devakumar, group executive director at Dangote Industries Ltd., said in an interview at the coastal site, about an hour’s drive east of Lagos.
2018, June, 29, 10:10:00
RUSSIA - RWANDA NUCLEAR
ROSATOM - June 22, 2018 in Moscow ROSATOM and the Ministry of Infrastructure of the Republic of Rwanda signed a Memorandum of Understanding on cooperation in the field of peaceful uses of atomic energy.
2018, June, 20, 12:30:00
NIGERIAN OIL SALES
PLATTS - Nigerian oil has been slow to sell this month as bidders for the country's July-loading heavy and light sweet crudes have been absent from the market. Market participants pegged the amount of unsold Nigerian barrels loading in July at 20 million-34 million barrels, amounting to roughly 40%-75% of what is produced in a month.