An indigenous company, Chappal Petroleum Development Company, is one of the strong contenders for the ExxonMobil Nigeria oil and gas assets. The assets comprise 40 percent of interests in the Qua Iboe fields of four blocks and pipelines in oil mining leases (OMLs) 67, 68, 70 and 104 located in shallow water. An investigation by
The Organization of the Petroleum Exporting Countries (OPEC) has appointed Mr Haitham Al-Ghais of Kuwait as Secretary General of the Organization, with effect from 1 August 2022, for a period of three years. At a special meeting of the conference of the organisation held via videoconference on Monday, 3 January 2022, under the Chairmanship of
Capstone Green Energy, a global leader in carbon reduction and on-site resilient green energy solutions, today announced that it has received an order for a 600 kilowatt (kW), C600S energy solution system, to be installed at a remote food processing facility in Bamako, Mali. The order was secured through the Capstone Green Energy Direct Sales
By Emmett Lindner Dionne Searcey, a Times reporter, walked with local residents through an area near Kinsafu in the Democratic Republic of Congo, where a Chinese conglomerate is mining for cobalt.Credit…Ashley Gilbertson for The New York Times The Times’s Race to the Future series is focused on the competition for electric-car resources that will
As the lifeblood of industrialized nations, oil and gas are valuable sources of energy that underpin socio-economic development and ensure energy security. Serving as the foundation for the world’s energy and economic development, oil and gas has the potential to eradicate energy poverty while assisting developing nations in their adoption of renewable energy. Africa, positioned
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