2019, June, 4, 15:05:00BP SELLS EGYPT
BP has agreed to sell its interests in Gulf of Suez oil concessions in Egypt to Dragon Oil, the Dubai-based oil and gas company. Under the terms of the agreement, Dragon Oil will purchase producing and exploration concessions, including BP’s interest in the Gulf of Suez Petroleum Company (GUPCO).
2019, May, 30, 17:20:00TOTAL, ALGERIA PARTNERSHIP
Algeria’s energy minister said on Monday he would seek a “good compromise” when asked about his earlier comments that Algiers would block Total’s plan.
2019, May, 27, 11:30:00ALGERIA STOP TOTAL
Algeria will block Total from acquiring Anadarko's assets in Algeria, energy minister Mohamed Arkab told reporters on a sidelines of a conference on Sunday.
2019, May, 20, 11:20:00LIBYA'S OIL: 95% AT RISK
Libya is currently pumping almost 1.3 million b/d, National Oil Corporation Chairman Mustafa Sanalla told reporters. While production and exports have so far been unaffected by the recent escalation in fighting between the self-styled Libyan National Army, forces loyal to the UN-backed government and other militia groups, the violence threatens to destroy oil fields and export infrastructure, he said.
2019, May, 17, 07:20:00ENI, SONATRACH GAS CONTRACT
Eni and Sonatrach have signed agreements to renew the gas supply contract to import Algerian gas into Italy until 2027 (plus two further optional years) also defining the transportation arrangements through the pipeline crossing the Mediterranean Sea.
2019, May, 13, 12:40:00U.S., VENEZUELA SANCTIONS UP
Despite significant U.S. oil sanctions on the OPEC member nation, Maduro has held on to power, backed by Cuba, Russia and China, and retains the support of the country’s military and other institutions.
2019, March, 11, 11:30:00Government of Ethiopia to launch the 2nd National Electrification Program during East Africa conferences this March
The co-located ‘Africa Energy Forum: Off the Grid’ and ‘Regional Energy Co-operation Summit’ meetings taking place in Addis Ababa from 27 – 29th March welcome the launch of the updated version of Ethiopia’s National Electrification Program (NEP 2.0), presented by the Government of the Federal Democratic Republic of Ethiopia.
2019, March, 11, 11:25:00LIBYA'S OIL UP
Libya’s biggest oil field resumed production, adding another complication to OPEC’s effort to trim a global supply glut.
2019, February, 25, 11:52:0021ST AFRICA ENERGY FORUM ANNOUNCES MAJOR REBRANDING
Annual meeting for decision-makers in Africa’s energy community launches new brand identity to better represent core values of innovation, integrity and stakeholder collaboration
2019, February, 25, 11:20:00POWERING AFRICA SUMMIT FEBRUARY 2019
The 5th Powering Africa: Summit (PAS) will take place for the first time in Miami from the 25-27th February 2019.
2019, February, 15, 11:45:00BP INVESTMENT FOR EGYPT $1.8 BLN
CNBC - Asked how much BP could spend in Egypt in 2019, Dudley said the amount would be significant. "There will be a third phase we're spending on, we're exploring today with other companies ... (So we'll be spending) $1.8 billion give or take. That's a lot," he said.
2019, January, 30, 10:50:00LIBYA NEED INVESTMENT $60 BLN
PLATTS - Libya's state National Oil Corp. is targeting a $60 billion overhaul of its oil and gas sector as it strives to reach a pre-civil war output level of around 1.6 million b/d by the end of this year.
2019, January, 21, 11:00:00TOTAL, SONATRACH INVESTMENT $1.4 BLN
PLATTS - The companies plan to invest around $1.4 billion for the project with Sonatrach and and Total sharing 51% and 49%, respectively.
2019, January, 14, 11:05:00U.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, 11:40:00FAST 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.