Eni and BP have officially established Azule Energy, a new 50/50 independent joint venture (JV) combining the two companies’ Angolan businesses. Azule Energy is now Angola’s largest independent equity producer of oil and gas, holding 2 billion barrels equivalent of net resources and growing to about 250,000 barrels equivalent a day (boe/d) of equity oil
Ethiopian Prime Minister Abiy Ahmed kickstarted electricity production from the second turbine at its controversial mega-dam on the Blue Nile on Thursday, despite continuing objections by Egypt and Sudan over the project. Abiy also confirmed that a third filling of the multi-billion dollar Grand Ethiopian Renaissance Dam (GERD) was under way, a development that led
Africa’s rapid economic growth creates a daunting energy challenge, as well as expectations of enhanced resilience and sustainability. In the face of the growing energy needs of the continent, finding a sustainable solution is one of the biggest challenges. Africa has many renewable energy resources, such as hydro, sun, wind and others, and it is
Transnet Freight Rail (TFR) will collaborate with Botswana Rail (BR) to fix parts of the 126 km (78 mile) rail line between Swartruggens, in South Africa’s North West province, and Mafikeng, on the border with Botswana. South Africa and Botswana have agreed to fund the improvement and extension of rail links between the countries in
The West African Power Pool, WAPP, has disclosed plans to set up a Liquidity Enhancement Revolving Fund, LERF, for the ECOWAS Regional Electricity Market. The Chairman, Executive Board of WAPP, Engr. Sule Ahmed Abdulaziz, who disclosed this yesterday at the 54th meeting of the Executive Board in Cotonou, Benin Republic, stated, “The creation of this
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