In a bidto scale up clean energy production capacity in Gabon, IFC, the Government of Gabon, Meridiam Infrastructure Africa Fund FIPS (MIAF), Meridiam Infrastructure Africa Parallel Fund FIPS (MIAPF) and the Fonds Gabonais d’Investissements Strategiques (FGIS), with the support of the Government of Canada, today announced a financing package for the Kinguele Aval hydropower plant, […]

Karpowership SA (KPSA), a South African company that is 49% Black owned, welcomes the  announcement made by the Department of Mineral Resources and Energy (DMRE) appointing KPSA  as a Preferred Bidder for projects in the Ports of Coega, Saldanha and Richards Bay, to provide power  to South Africa’s national electricity grid under the Risk Mitigation […]

Pavilion Energy Trading & Supply Pte. Ltd and bp Singapore Pte Limited (“bp Singapore”) have signed a long-term LNG sale and purchase agreement (SPA) for the supply of approximately 0.8 million tonnes of LNG per year to Singapore for 10 years from 2024.  Beyond the supply of LNG to Singapore, both companies will strive to […]

Total and ArcelorMittal Nippon Steel  (AMNS) have signed an agreement for the supply of up to 500,000 tons of liquefied natural gas (LNG) per year until 2026.  The LNG will be sourced from Total’s global portfolio and offloaded either in Dahej or Hazira LNG Terminal, on the West Coast of India. AMNS will use the […]

Nigeria gas flaring is still going unabated despite unalloyed effort and commitment by the present government in creating enabling environment for oil and gas companies to invest in the recent gas code master plan unveiled by the Mohammadu Buhari led administration. According to the data made available by National Oil Spill Detection and Response Agency […]

The Department of Petroleum Resources (DPR) rallied major stakeholders, including the Nigerian Electricity Regulatory Commission (NERC), the Nigerian Bulk Electricity Trading Limited (NBET) and power Generation Companies (Gencos), over its plans to ameliorate the current gas-to-power shortage. DPR told the Gencos that there was the need to take advantage of the Nigeria Gas Network Transportation […]

Chevron Corporation has announced its wholly-owned subsidiary Chevron U.S.A. Inc. (Singapore Branch) (“CUSA”) has signed a binding Sale and Purchase Agreement (SPA) with Hokkaido Gas Co., Ltd. for the delivery of liquefied natural gas (LNG) from Chevron’s global LNG portfolio to the Hokkaido area. Under the agreement, CUSA will supply Hokkaido Gas with about a […]

Equinor experienced several serious incidents throughout the year, but also achieved a reduction in the number of serious incidents and personal injuries in 2020 compared to the previous year. The results support a good trend in safety performance during the last decade, but also demonstrate the need to further improve our safety work. “Fires and […]

Ghana is preparing to become sub-Saharan Africa’s first LNG importer, with the terminal at the port of Tema set to receive its maiden cargo in the coming weeks. There are a number of LNG export projects across North and West Africa, but Egypt in 2015 became the first — and so far only — African […]

Petredec a global giant in liquefied petroleum gas (LPG) trading and shipping, has announced the acquisition of Quest Petroleum, a fuels distributor in the Eastern Cape, South Africa. The addition of Quest to the portfolio expands Petrefuel’s geographic coverage beyond KwaZulu-Natal and sees the LPG company take its first steps into non-fuels retailing. Following its […]