Insurance Companies Opt Out of East African Crude Oil Pipeline

About 28 insurance companies have opted out of the East African Crude Oil Pipeline (EACOP) project…

Ethiopian Petroleum Supply Enterprise to Construct its 14th Oil Depot in Dire Dawa

Ethiopian Petroleum Supply Enterprise (EPSE) has made compensation payments to the Dire Dawa city administration for…

TotalEnergies Commences Oil Production at Akpo West Field

TotalEnergies and its partners have announced the commencement of oil production from the Akpo West field…

Temile Commissions LPG Carrier Supported by Fidelity Bank

Temile Development Company Ltd, an indigenous oil and gas player, recently commissioned a 23,000 cubic meters…

Electricity Consumers Rise to 11.71m in Q3 2023 –NBS

The number of electricity consumers rose by 240,000 from 11.47 million in the second quarter of…

World Bank Approves $300m for Climate and Economic Stability in Ghana

The World Bank has approved a $300 million Development Policy Operation for Ghana to help its…

Morocco and Nigeria Plans African-Atlantic Gas Pipeline Project

Morocco and Nigeria have reopened discussions for the African-Atlantic Gas pipeline project. This is part of…

SolarEdge to Lay Off 16% of Workforce to Reduce Operating Costs

 SolarEdge Technologies said yesterday that it would lay off about 16 per cent of its global workforce…

Egypt, ACWA Power Sign $1.5bn Wind Energy Agreement

Egyptian cabinet has stated that the country has signed an agreement for a 1.1 gigawatt wind…

Kenya Power Grew Electricity Sales in 2023

Kenya Power and Lighting Company registered a growth in electricity sales. However, the utility firm reported…