The West African Gas Pipeline Company (WAGPCo) has opened its pipeline to be accessed by independent gas shippers to maximise the potential of the facility, which has been underused over the years.
Posted on : Monday , 6th October 2014
The continued decline of United States’ imports of Nigerian crude oil in recent years has led to more Asian countries particularly India and China accommodating the backed-out barrels from Nigeria reports The Punch.
China, India, Japan and South Korea, Asia’s four largest oil consumers, have collectively bought around 42 per cent more Nigerian crude so far this year in comparison with 2013, according to an analysis of import data monitored by Platt.... Read more »
Posted on : Tuesday , 7th October 2014
According to the automaker’s president for MEA, Mr Jim Benintende, the region presents the final frontier for global growth in the auto industry. He added that the company is committed to offering products that will resonate with the expanded customer base.
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Posted on : Monday , 6th October 2014
CAMAC Energy Inc. (“CAMAC Energy” or the “Company”) (NYSE MKT: CAK) has announced that an updated independent assessment of the Company’s prospective resources for four offshore Nigeria prospects located within Oil Mining Leases (“OMLs”) 120 and 121 by DeGolyer and MacNaughton (“D&M”) has increased the Company’s unrisked P50 recoverable resources from 537 million barrels of oil (“MMbbl”) to 2,377 MMbbl.... Read more »
Posted on : Monday , 6th October 2014
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JOHANNESBURG (miningweekly.com) – The key to the development of South Africa lay in mineral beneficiation and industrialisation in joint development with its regional neighbours, South Africa’s new Finance Minister Nhlanhla Nenetold the Centre for Education In Economics and Finance (CEEF).
Posted on : Monday , 6th October 2014
The National Directorate of Water (DNA) through the Regional Administration of Water South (ARA-Sul) has awarded a contract for the rehabilitation of the damaged bottom outlets and related works on the 48 metre high Massingir dam in the Gaza Province of Mozambique. Aurecon has been appointed to supervise the construction of these rehabilitation works.
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Posted on : Monday , 6th October 2014
Construction of $31.8b Tanzania China Logistics Centre in Kurasini is on the offing following the release of $0.6b to compensate residents where the project will be based. Speaking to journalists, Dr Abdallah Kigoda, the Minister for Industry and Trade said that the Export Processing Zones Authority (EPZA) has already received the money for the compensation.
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Posted on : Monday , 6th October 2014
Despite South Africa having the largest and most sophisticated chemicals industry in Africa, estimated at $30-billion, it only contributes about 1% to the global market, says global growth consulting firm Frost & Sullivan chemicals, materials and food industry analyst Dilshaad Booley.
Posted on : Monday , 6th October 2014
The government of Kenya will construct 3,000 Km of roads during the initial phase of planned construction of 10,000 Km of road networks launched earlier this August.
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Posted on : Monday , 6th October 2014
China’s top auto dealer and a listed member of Fortune 500 Company, Geely holding Group has indicated an interest in penetrating the Tanzanian automobile market with the overall intention of deepening its African footprint.
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Posted on : Saturday , 4th October 2014
THE state-run South African Forestry Company (Safcol) aims to start exporting to high-growth countries such as India and China to counteract rising costs and the renewed land claims threat in South Africa.
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Posted on : Saturday , 4th October 2014
More than 1 450 houses will be provided with permanent and reliable access to electricity, as part of the R20-million Mogalakwena Electrification Project that is currently taking place in Limpopo.
Posted on : Saturday , 4th October 2014
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