Nigeria's crude oil production has increased by 34,000 barrels per day (bpd) from the 1.865 million bpd in the month of August to 1.9 mbpd in September, according to the latest report of the Organisation of Petroleum Exporting Countries (OPEC).
According to OPEC in the report released on Monday, total crude oil production from member countries increased by 0.11 mbpd to average 31.57 mbd in September.
Besides, the International Energy Administration (IEA), on Tuesday,.... Read more »
Posted on : Friday , 16th October 2015
International Affairs Director General with Austrian Foreign Affairs Ministry Alexander Marschik said that Austria wants to strengthen bilateral relations with Ethiopia especially in the area of trade, investment and security.
Posted on : Friday , 16th October 2015
Luanda — The Cuito and Cuchi Mining Project in southeastern Cuando Cubango province is in very advanced stageand with a good dynamics.
Posted on : Friday , 16th October 2015
Caledonia Mining Corporation says Blanket Mine delivered 10 927 ounces of gold in the third quarter to September 30, a 5 percent increase from the previous quarter.
Posted on : Friday , 16th October 2015
Ethiopia and Djibouti have signed a deal worth $1.55 billion for the construction of a 550km refined petroleum products pipeline linking the two countries. The 20-inch pipeline which will transport diesel, petrol and jet fuel from Damerjog port in Djibouti to Awash terminal in central Ethiopia has been contracted to Black Rhino Group and Mining Oil & Gas Services (MOGS). Construction work is scheduled for completion in 2018.
The pipeline project includes an import.... Read more »
Posted on : Friday , 16th October 2015
Sudan and Algeria agreed to cooperate in areas of oil, gas, training and scientific research.
Minister of Oil and Gas, Dr Mohammed Zayed said during meeting his Algerian counterpart at the sideline of Al-Bashir-Boutaflika Summit that he forwarded a number of blocks in domains of oil, gas and development of fields, besides cooperation in areas of training a nd scientific research, studies and laboratories.
The Minister said Algeria has experience in area.... Read more »
Posted on : Friday , 16th October 2015
Kibo Mining (LON:KIBO) has finished work on the first phase of its definitive mining study (DFS) for the coal mine at its integrated power project in Tanzania.
The work included a 820m diamond core drill programme to confirm slope angles of pit design, coal metallurgy to ensure to determine the power station design and data to upgrade the resource in the next phase of the DFS.
Louis Coetzee, Kibo Mining’s chief executive, said: “Understandin.... Read more »
Posted on : Friday , 16th October 2015
The Ministry of Energy Wednesday, 7 October launched a new project for the procurement, installation and commissioning of reinforcement and extension of minimum and low voltage network and supply of prepaid meters and vending stations in the Western area, almost 40 years since a similar project was carried out in the country.
Posted on : Thursday , 15th October 2015
Johannesburg — The African continent could generate nearly a quarter of its energy needs using indigenous, clean, renewable energy by 2030 writes SHARON KYATUSIIMIRE.
Posted on : Thursday , 15th October 2015
Uganda is the most improved economy in the East African region in terms of creating a conducive environment for trade and investment, according to the latest Global Competitiveness ranking.
Posted on : Thursday , 15th October 2015
A United Kingdom-based multinational consumer goods company has opened a R600 million ice cream factory, said to be the first of its kind in the continent.
Posted on : Thursday , 15th October 2015
TANZANIA and Uganda have signed an agreement to explore the possibility of building a crude oil pipeline between the two countries, Uganda's Ministry of Energy and Mineral Development said on Monday.
Posted on : Thursday , 15th October 2015
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