Continental Energy Corporation (OTCQB:CPPXF), the "Company", an emerging international energy investment company, today announced that its Tanzanian subsidiary, Ruaha River Power Company Ltd. ("Ruaha Power"), has been appointed manager of a US$ 95,000 grant from the Rural Energy Agency ("REA") of Tanzania.
Posted on : Saturday , 20th December 2014
VAALCO Energy, Inc. (NYSE: EGY) today announced the completion of the Etame 8-H, the first development well drilled from the newly installed Etame platform, offshore Gabon. The Etame 8-H was drilled to a Measured Depth (MD) of 3196 meters and penetrated the Gamba Sand reservoir interval at 1820 meters True Vertical Depth (TVD), contacting 135 meters MD of high quality reservoir within the oil-bearing portion of the Gamba sand.
Posted on : Saturday , 20th December 2014
As the price of crude oil plummets globally, Nigeria is in for a hard time because most of her revenues come from crude oil sale. Unfortunately, not only is the price decreasing but also sales as many of Nigeria's customers have now either discovered crude oil in their country or are more dependent on renewable energy.
Posted on : Saturday , 20th December 2014
Minister of Fishing and Fishery Resources Sid Ahmed Ferroukhi called Monday in Algiers to strengthen the inter-Arab cooperation in the field of fishing and aquaculture as well as to develop trading and investments.
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Posted on : Saturday , 20th December 2014
Angolan minister of Economy, Abahão Gourgel, Thursday in Luanda mentioned 403 investment projects of various sizes and various complexity in the Great Lakes region as having been identified in seven business sectors.
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Posted on : Saturday , 20th December 2014
Uganda’s discovered oil reserves are estimated at 6.5 billion shillings and it is believed that if the oil is well utilized, the money from the resource could lift the country from a developing nation to middle-income status. However the country’s quest for more oil continues and now the country is considering exploration in Karamoja.
Posted on : Saturday , 20th December 2014
Tullow Kenya has today handed over an Kshs.18 million water project to the residents of Kataboi in Turkana North consisting of a borehole, solar powered submersible pump and a 20,000 litre storage tank.
Posted on : Friday , 19th December 2014
THE PV Generator solar power project aimed at addressing electricity supply in rural areas has been a success as 840 households in Kongwa, Uyui and Mlele have benefitted.
Project Coordinator from the Ministry of Energy and Minerals, Mr Styden Rwebangila, said in Dar es Salaam that the pilot power connection projects include fixing the generators, which use solar power and supply it to the households.
Posted on : Friday , 19th December 2014
The Nigerian National Petroleum Corporation’s (NNPC) monthly petroleum information reveals that the nine marginal fields produced 12. 43 million barrels of crude oil in the first eight months of 2014 which is about 2 percent of Nigeria’s total industry output.
Posted on : Friday , 19th December 2014
KPMG has said in its Infrastructure 100 World Markets Report released recently that the $20 billion Trans-Saharan Natural Gas project would help Europe diversify supply by transporting natural gas from Nigeria, through Niger to Algeria and then northwards to Spain and Europe, The Guardian reports.
Posted on : Friday , 19th December 2014
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Posted on : Friday , 19th December 2014
Kenya may soon be home to the largest wind project on the continent of Africa.
Danish wind company Vestas won a contract to provide 365 turbines for a 310 megawatt wind power project in Kenya. The Lake Turkana Wind Power project will be the largest of its kind in Africa, and is expected to generate 15-20 percent of Kenya’s electricity needs when completed. According to project developers, the site is a unique location that is favorable for wind. It is situated at high .... Read more »
Posted on : Friday , 19th December 2014
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