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Published on Mar 12, 2021

It's time Gulf Arab States look away from Oil and find new revenue sources

Oil prices are rebounding thanks to an extended OPEC+ production cut, a surge in demand as economies recover from the coronavirus pandemic, and the beginning of a supply reaction from a year of both diminished production and inventory draw-downs. This is …

Source: Business Standard - Neutral
Published on Jan 8, 2021

Gas-to-Power Emerging as Central to Africa’s Economic, Industrial Future

The energy industry in Africa is staging a comeback after the pandemic’s significant economic impact over 2020. In 2021 and beyond, according to the Africa Energy Chamber (AEC), the revival will focus heavily on gas for power. While much progress has been …

Source: Power Magazine - Neutral
Published on Jan 7, 2021

Per capita income shrank in Sub-Saharan Africa by 6.1% in 2020 says World Bank Report

Sierra Leone Telegraph: 06 January 2021: Output in the Sub-Saharan Africa region contracted by an estimated 3.7% in 2020, as the COVID-19 pandemic and associated lockdowns disrupted economic activity. As a result, per capita income shrank by 6.1% in 2020, …

Source: Sierra Leone Telegraph - Neutral
Published on Oct 21, 2020

REFINERY NEWS ROUNDUP: South Africa looks at building new refinery

South Africa will prioritize building a new oil refinery to meet its growing energy demand, the country’s Minister of Mineral Resources and Energy said. Speaking at the Africa Oil Week virtual conference, Gwede Mantashe said he is focused on attracting …

Source: Investing.com - Neutral
Published on Nov 1, 2020

Oil Crisis And Recession Bring Two African Rivals Closer Together

Times of recession usually bring up overused terms like belt-tightening or company restructuring though distressed periods are just as useful for settling old scores and shaping up new partnerships. Testifying to the purifying effects of market downturns, …

Source: Investing.com - Neutral
Published on Jul 2, 2020

Angola and South Africa discuss covid-19

Luanda, ANGOLA, July 2 - Angolan President João Lourenço and his South African counterpart, Cyril Ramaphosa, spoke Thursday on the phone about the covid-19 pandemic and the Libyan conflict. , The information is contained in a press release from the …

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Published on Jul 2, 2020

Angola and South Africa discuss covid-19

The information is contained in a press release from the President’s Press Office that says the two Heads of State also discussed oil production in line with the Organisation of Petroleum Exporting Countries (OPEC) plans. According to the source, João …

Source: Angola Press News Agency - Pro-Government
Published on May 4, 2020

Coronavirus: Ethiopian ‘soars’ with cargo, repatriation operations

The coronavirus epidemic continues to disrupt life across the world. The disruption is all but gathering steam in affected even virus-free African countries. The rate of infection is lower on the continent as compared to Europe, Asia and parts of the …

Source: Africa Global Village - Uncategorized
Published on Apr 29, 2020

Oil Pirates Have A New Favorite Hotspot

Gone are the days when Somalia's Gulf of Aden was considered the most dangerous piracy zone for oil companies and other seafarers. But now, with offshore oil storage bursting at the seams as a result of a disastrously timed oil price war and the demand …

Source: Investing.com - Neutral
Published on Mar 30, 2020

Coronavirus: Ethiopian ‘abandons’ over 80 destinations, local market halves

The coronavirus epidemic continues to disrupt life across the world. The disruption is all but gathering steam in affected even virus-free African countries. The rate of infection is lower on the continent as compared to Europe, Asia and parts of the …

Source: Africa Global Village - Uncategorized
Published on Feb 17, 2020

Oil-rich UAE prepares to push button on nuclear power plant

By AFP More by this Author The United Arab Emirates said Monday it has issued a licence for one of four reactors at its Barakah nuclear power plant, due to start operating soon in a first for the Arab world. Here are some facts about the plant, designed to …

Source: Nation - Uncategorized
Published on Apr 8, 2020

Nigeria, other African nations yet to see the worst effects of COVID-19 - Atiku says, lists what Buhari, others must do ...

Home | News | General | Nigeria, other African nations yet to see the worst effects of COVID-19 - Atiku says, lists what Buhari, others must do to save economy - Atiku Abubakar, Nigeria's former VP, has advised Buhari and other African leaders on how …

Source: Online Nigeria - Uncategorized
Published on Apr 7, 2020

Atiku writes: What Nigeria, Africa must do to mitigate coronavirus effects

Atiku Abubakar: advises Nigeria and African nations on how to mitigate coronavirus effects By Atiku Abubakar Before the novel coronavirus pandemic hit the globe, Nigeria spent 42% of her earnings on debt servicing. We have arrived at a new reality today: …

Source: PM News - Uncategorized
Published on Apr 7, 2020

What Africa must do to mitigate the damaging effects of Coronavirus

Atiku Abubakar By Atiku Abubakar Before the novel coronavirus pandemic hit the globe, Nigeria spent 42% of her earnings on debt servicing. We have arrived at a new reality today: even if we devote 100% of our income to rebuilding our economy, it still …

Source: PM News - Uncategorized
Published on Mar 27, 2020

Coronavirus Op-Ed: Covid-19: Economic impact on East and southern Africa

In the case of Covid-19, no country is safe until every country is safe – a fact of our deeply interconnected and interdependent realities, say the writers. (Image: wikimedia / numista.com) To date (26 March 2020), the total number of confirmed …

Source: News (South Africa) - Uncategorized
Published on Feb 22, 2020

The Impact of the Coronavirus in Africa - Africa Oil & Power

By Sihle Qekeleshe, Junior Sub-Editor About 2 million Chinese people live and work on the African continent and there are more than 80,000 African students, tourists and businessmen who work and live in China. With Africa becoming the fastest-urbanizing …

Source: Google News - Uncategorized
Published on Mar 15, 2020

Coronavirus : Nigeria’s Oil Revenue to Drop from $38.9 billion to $19 billion – UN Report

Coronavirus : Nigeria’s Oil Revenue to Drop from $38.9 billion to $19 billion – UN Report Earning likely to drop from $38.9 billion to $14bn The raging Coronavirus, otherwise known as Covid-19, may cause Nigeria’s total revenue from crude oil export in …

Source: Biz Watch Nigeria - Uncategorized
Published on Feb 12, 2020

Khan: Nigeria Really Needs to Move Away from Oil

The Chief Economist at Standard Chartered Bank for Africa and Middle East, Ms. Razia Khan, during her recent visit to Nigeria held an interactive session with journalists, where she spoke about her expectations from the Nigerian economy in 2020. Dike …

Source: This Day - Uncategorized
Published on Jan 27, 2020

Liberia: 'Cognizant of Challenges' - Full Text of President Weah's Third Annual Message - Front Page Africa

ANNUAL MESSAGE TO THE THIRD SESSION OF THE FIFTY-FOURTH NATIONAL LEGISLATURE OF THE REPUBLIC OF LIBERIA DELIVERED BY HIS EXCELLENCY DR. GEORGE MANNEH WEAH PRESIDENT OF THE REPUBLIC OF LIBERIA THE CAPITOL BUILDING CAPITOL HILL MONROVIA, LIBERIA 27 JANUARY …

Source: Liberian Times - Uncategorized

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Published on April 15, 2021 - 22:26 GMT

Targa Resources Corp. Announces Quarterly Dividends and Timing of First Quarter 2021 Earnings Webcast

HOUSTON, April 15, 2021 (GLOBE NEWSWIRE) -- Targa Resources Corp. (“Targa” or the “Company”) (NYSE: TRGP) announced its quarterly dividend on common shares and its quarterly dividend on Series A preferred shares with respect to the first quarter of 2021. …

Distribution channels: Banking, Finance & Investment Industry, Culture, Society & Lifestyle ...
Published on April 15, 2021 - 21:55 GMT

Parex Announces Expanded Growth Capex Program

CALGARY, Alberta, April 15, 2021 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX:PXT), is a company headquartered in Calgary that focuses on sustainable, profitable, conventional oil and gas production. All currency amounts are in …

Distribution channels: Energy Industry, Media, Advertising & PR ...

Published on March 19, 2021 - 09:25 GMT

Petraco Oil Company Exercises Market Caution - OPEC Exercises Restraint and Prices React

Petraco Oil Company is one of the oldest independent trading companies in the World priding itself on great expertise and strong connection with its customers. LUGANO, TESSIN, SWITZERLAND, March 19, 2021 /⁨EINPresswire.com⁩/ -- OPEC surprised …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 18, 2021 - 18:13 GMT

OPEC congratulates Mozambique President Filipe Nyusi for his African Energy Person of the Year 2020 award

Organization of the Petroleum Exporting Countries (OPEC) Secretary General Mohammed Sanusi Barkindo on behalf of his organisation and its members, addressed a congratulatory message to the President of the Republic of Mozambique, His Excellency Filipe …

Distribution channels: Business & Economy, Culture, Society & Lifestyle ...

Published on April 12, 2021 - 06:00 GMT

VAALCO Board Member George Maxwell Named Chief Executive Officer and Company Updates Strategic Focus

HOUSTON, April 12, 2021 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) today announced that its Board of Directors has named George Maxwell as Chief Executive Officer effective April 12, 2021. Mr. Maxwell, who has …

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Published on March 15, 2021 - 14:13 GMT

OPEC exercises restraint and prices react – Petraco Group exercises market caution

Petraco is one of the oldest independent trading companies in the World, priding itself on great expertise and strong connection with its customers. LUGANO, TESSIN, SWITZERLAND, March 15, 2021 /⁨EINPresswire.com⁩/ -- OPEC surprised several players …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 4, 2021 - 13:23 GMT

Energy Industry Congratulates President Nyusi of Mozambique, Backs Africa Oil & Power Capacity Building Initiatives

The African Energy Chamber (www.EnergyChamber.org) commends H.E. President Nyusi on receiving the Africa Oil & Power ‘Person of the Year’ award for 2020, to be presented on March 8; President Nyusi has demonstrated admirable long-term thinking, …

Distribution channels: Business & Economy, Energy Industry ...
Published on January 14, 2021 - 16:54 GMT

OUT NOW! 2nd Edition of “Billions At Play” charts recovery path for African Oil & Gas Sector

Talking about oil & gas isn’t easy, especially at a time of widespread anxiety about the link between fossil fuels and climate change. But NJ Ayuk, the experienced oil and gas dealmaker who heads the Pan-African legal conglomerate Centurion Law Group ( …

Distribution channels: Book Publishing Industry, Energy Industry ...

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Published on April 19, 2021 - 14:21 GMT

Cross Country Partnership Aims to Transform Energy Innovation in Rural Businesses

NEW YORK, UNITED STATES, April 19, 2021 /⁨EINPresswire.com⁩/ -- Cross Country Partnership Aims to Transform Energy Innovation in Rural Businesses Precise Consult, an Ethiopian management consulting firm and SELCO Foundation, an Indian NGO are …

Distribution channels: Energy Industry ...
Published on April 19, 2021 - 13:35 GMT

Bathan KF3 / 40 M: Bentonite Ceramic Grease

CHAM, SWITZERLAND, April 19, 2021 /⁨EINPresswire.com⁩/ -- In 2020, Swiss lubricant manufacturer Bathan AG introduced a new ceramic grease. Bathan KF3 / 40 M is a high temperature grease with Bentonite thickener. The soap free heavy-duty grease …

Distribution channels: Business & Economy, Chemical Industry ...
Published on April 19, 2021 - 13:30 GMT

Canada’s Top Sustainability Leaders Honoured during Earth Week - 10th Canada’s Clean50 List for 2021

“There is no vaccine for climate change – but these remarkable Canadian leaders provide some hope…” says award’s founder. TORONTO, ON, CANADA, April 19, 2021 /⁨EINPresswire.com⁩/ -- Toronto, April 19, 2021– The 2021 “Canada’s Clean50” list …

Distribution channels: Business & Economy, Companies ...
Published on April 19, 2021 - 12:30 GMT

Greenpenny Seeks to Create Bright Lights in Illinois Communities Through Solar System Lending and Sustainable Banking

Solar Energy Systems Have Become Bright Lights In The Renewable Energy Movement ILLINOIS, UNITED STATES, April 19, 2021 /⁨EINPresswire.com⁩/ -- Illinois – This week, Greenpenny is launching a campaign to build awareness around solar energy system …

Distribution channels: Banking, Finance & Investment Industry, Consumer Goods ...
Published on April 19, 2021 - 12:30 GMT

Greenpenny Seeks to Create Bright Lights in Iowa Communities Through Solar System Lending and Sustainable Banking

Solar Energy Systems Have Become Bright Lights In The Renewable Energy Movement IOWA, UNITED STATES, April 19, 2021 /⁨EINPresswire.com⁩/ -- This week, Greenpenny is launching a campaign to build awareness around solar energy system financing and …

Distribution channels: Agriculture, Farming & Forestry Industry, Banking, Finance & Investment Industry ...
Published on April 19, 2021 - 12:30 GMT

Greenpenny Seeks to Create Bright Lights in Minnesota Communities Through Solar System Lending and Sustainable Banking

Solar Energy Systems Have Become Bright Lights In the Renewable Energy Movement MINNESOTA, UNITED STATES, April 19, 2021 /⁨EINPresswire.com⁩/ -- This week, Greenpenny is launching a campaign to build awareness around solar energy system financing …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on April 19, 2021 - 12:30 GMT

Greenpenny Seeks to Create Bright Lights in Wisconsin Communities Through Solar System Lending and Sustainable Banking

Shining a Bright Light on Solar System Financing WISCONSIN, UNITED STATES, April 19, 2021 /⁨EINPresswire.com⁩/ -- This week, Greenpenny is launching a campaign to build awareness around solar energy system financing and sustainable banking …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on April 19, 2021 - 12:00 GMT

Oregon Mesothelioma Victims Center Appeals to a Navy Veteran with Mesothelioma in Oregon To Not Fall for a Car Accident ...

PORTLAND, OREGON, USA, April 19, 2021 /⁨EINPresswire.com⁩/ -- The Oregon Mesothelioma Victims Center says, "If you are a Navy Veteran anywhere in Oregon and you have just been diagnosed with mesothelioma and or this is your family member …

Distribution channels: Automotive Industry, Building & Construction Industry ...
Published on April 19, 2021 - 12:00 GMT

EarthShare NJ and Geoscape Solar Announce Strategic Partnership with Virtual Earth Day Film Festival

Geoscape Solar Hosting Climate Action Film Festival Ticket Proceeds of Live Event to Benefit Earth Share NJ TRENTON, NJ, UNITED STATES, April 19, 2021 /⁨EINPresswire.com⁩/ -- After years of looking for the "right" strategic partner, …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on April 19, 2021 - 09:45 GMT

Kentucky US Navy Veterans Mesothelioma Advocate Now Urges the Family of a Navy Veteran with Mesothelioma in Kentucky to ...

LOUISVILLE , KENTUCKY , USA, April 19, 2021 /⁨EINPresswire.com⁩/ -- The Kentucky US Navy Veterans Mesothelioma Advocate says, "We are now urging the family of a Navy Veteran with mesothelioma anywhere in Kentucky to please call attorney Erik …

Distribution channels: Automotive Industry, Building & Construction Industry ...
Published on April 19, 2021 - 08:16 GMT

AV-Comparatives Announces Internet Security Comparison Test for Real-World and Malware Protection for Q1 2021

Leading antivirus test lab releases new test results of its ongoing av-test main-test series comprising of real-world and malware protection tests for Q1 2021 INNSBRUCK, TIROL, ÖSTERREICH, April 19, 2021 /⁨EINPresswire.com⁩/ -- As part of its …

Distribution channels: Companies, Conferences & Trade Fairs ...
Published on April 19, 2021 - 08:00 GMT

Diversity Outreach Strategies - Where to Start and How to Drive Success

JOBfindah webinar to discuss outreach strategies for diversity recruiting and OFCCP compliance. CONCORD, MA, USA, April 19, 2021 /⁨EINPresswire.com⁩/ -- JOBfindah Network, a leading provider of SaaS-based OFFCP compliance management and diversity …

Distribution channels: Building & Construction Industry, Energy Industry ...
Published on April 19, 2021 - 13:29 GMT

Greenpeace and Western Anti Africa Energy Groups Take the Wrong Approach to East Africa Crude Oil Pipeline (EACOP) in ...

By NJ Ayuk, Chairman of the African Energy Chamber (www.EnergyChamber.org) If someone were to put me on the spot and ask me to name an environmentalist group, I’d probably blurt out the first thing that comes to mind, Greenpeace. There are obvious reasons …

Distribution channels: Energy Industry, Environment ...
Published on April 19, 2021 - 13:29 GMT

Africa Oil & Power Transforms into Energy Capital & Power

Africa Oil & Power (www.AfricaOilAndPower.com) announces that it is evolving into Energy Capital & Power (ECP), repositioning itself with a broader investment and energy outlook; the transformation will reflect a renewed focus on all segments of …

Distribution channels: Business & Economy, Energy Industry ...
Published on April 19, 2021 - 12:00 GMT

SJI Announces Comprehensive Clean Energy and Sustainability Plan

FOLSOM, NJ, April 19, 2021 (GLOBE NEWSWIRE) -- Media Contact: Dominick DiRocco (609) 561-9000 ext. 4262 ddirocco@sjindustries.com …

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Published on April 19, 2021 - 12:00 GMT

Gibson Energy Enhances its Sustainability Leadership Through the Closing of its Sustainability-Linked Credit Facility

All financial figures are in Canadian dollars unless otherwise noted CALGARY, Alberta, April 19, 2021 (GLOBE NEWSWIRE) -- Gibson Energy Inc. announced today that it has become the first public energy company in North America to fully transition its …

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Published on April 19, 2021 - 12:00 GMT

Enphase Energy and REA Global Power the First Electric Bus in Australia

MELBOURNE, Australia, April 19, 2021 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy management technology company and the world's leading supplier of microinverter-based solar-plus-storage systems, today announced that …

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Published on April 19, 2021 - 12:00 GMT

Motor City Electric Co. makes clean energy commitment with DTE Energy’s MIGreenPower program

Detroit, April 19, 2021 (GLOBE NEWSWIRE) -- Motor City Electric Co., a company specializing in the design, construction and maintenance of industrial electrical systems and one of the largest electrical contractors in the U.S., today announced its …

Distribution channels: Energy Industry, Media, Advertising & PR ...
Published on April 19, 2021 - 11:38 GMT

Penn Virginia Provides Operational Update

--- Exceeds Guidance for the First Quarter of 2021 and Increases Production Guidance for 2021 --- --- First Quarter 2021 Earnings Conference Call Scheduled for May 4 --- HOUSTON, April 19, 2021 (GLOBE NEWSWIRE) -- Penn Virginia Corporation ("Penn …

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Published on April 19, 2021 - 11:05 GMT

Centennial Resource Development, Inc. Announces First Quarter 2021 Earnings Conference Call

DENVER, April 19, 2021 (GLOBE NEWSWIRE) -- Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) announced today that it will report first quarter 2021 financial and operating results after the market closes for trading on …

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