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Lukoil, Russia’s second largest oil company has signed a Memorandum of Understanding with Equatorial Guinean government) at the Russia–Africa Summit Sochi. President of Lukoil, Vagit Alekperov initialed the deal on behalf of his company while Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of the Republic of Equatorial Guinea Gabriel signed on behalf of […]

General Electric(GE) and Africa’s leading cement producer Dangote Cement Plc have signed an agreement for the deployment of GE’s Asset Performance Management (APM) digital solution to reduce unplanned downtime and enhance performance at its two cement plants in Obajana and Ibese, Nigeria. The project includes extending the current service agreement for an additional 50,000 operating

Some five young Ghanaians who were enrolled by the Petroleum Commission at the Northern Alberta Institute of Technology (NAIT), one of North America’s leading technical institutes, to train as professional welders for Ghana’s booming oil and gas industry, are making steady progress in their studies. The students started the 10-month program in July 2019, and

The 5th edition of Africa Oil Governance Summit has opened in Accra, the capital of Ghana, West Africa. The Deputy Minister of Energy in-charge of Petroleum Dr. Mohammed Amin Adam opened the two-day summit, being organised by the Africa Centre for Energy Policy (ACEP), and  under the theme: ‘Optimising Oil and Gas Resources in Africa: The

The International Energy Agency expects to see “spectacular” growth in new solar power capacity additions in the period to 2024, which will highlight overall strong growth in renewable energy. In its latest annual Renewables report, the agency said total new renewable energy additions would shoot up by 50 percent in the five-year period, or some 1,200

It has emerged that Millennium Challenge Corporation (MCC), a US agency which is providing funding for Ghana’s Power Compact II, has demanded that the President Akufo-Addo-administration reinstate the suspended Power Distribution Services (PDS) Company by October 30, 2019, energynewsafrica.com can confirm. The MCC’s demand follows a discussion between officials of Government of Ghana and the MCC in

The Vice President of the Upper West Regional House of Chiefs has joined calls for government to reduce the price of Liquefied Petroleum Gas (LPG). Daffiama Naa, Naa Dikomwine said such an action will encourage more people, especially those in the northern part of the country to patronize the product and bring respite to the

With new oil and gas discoveries increasing on the African continent, it has become imperative to look at how to optimise the natural resource to support and promote growth and development. It is for this reason that the fifth edition of the Africa Oil Governance Summit in Accra will spearhead discussions on how African economies

A family of four have suffered severe fire injury following explosion of a domestic gas cylinder at SDA, a suburb of Ho in the Volta Region. “A thunderous sound of a cylinder explosion woke us up to a raging fire in this house around 10:30pm yesterday,” an eyewitness narrated to Citi News. He said they

When you think of the top oil and gas nations in Africa, Ghana is not one that traditionally comes to mind, but it is one of the rising stars. In the past, Ghana has been one of the smaller oil and gas producers on the continent but that production is expected to grow rapidly over