Two East African countries, Uganda and Tanzania have signed an agreement allowing for the construction of a 1,445 km East Africa Oil Pipeline (EACOP) project.

President Yoweri Museveni of Uganda and his Tanzanian counterpart, President Pombe Maghufuli attended the signing ceremony.

The commencement date has not been announced but last week, the Government of Uganda and"...

Tanzania and Uganda have signed an agreement allowing for the construction of a 1,445 km (898 miles) crude oil pipeline.

The $3.5bn (£2.7m) project will connect Uganda’s oil fields to Tanzania’s port of Tanga.

The signing ceremony was attended by the presidents of both countries.

Oil"...

Zenith Energy has announced a conditional sale and purchase agreement with China National Petroleum Corporation International (CNPCI) Tunisia Ltd. for the acquisition of working interests in the North Kairouan permit and Sidi El Kilani concession.

Valued at $300,000, the acquisition would expand the company’s working interest in the Sidi El Kilani concession, comprising the Sidi El Kilani oilfield, to 45%.

“We"...

TAP) - Minister of Industry, Energy and Mines, Saloua Seghir, successively met on Friday with representatives of three oil companies operating in southern Tunisia, namely Austrian company 'OMV Tunisia', Italian company 'Eni Tunisia' and the Anglo-Tunisian Oil and Gas in the presence of ETAP CEO Mohamed Ali Khelil and Director-General of Hydrocarbons, Rachid Ben Dali.

The"...

Notore Chemical Industries Plc has donated a 40,000 litre solar-powered integrated water project to Kangare Community in Bauchi Local Government, Bauchi State.

The project is a key part of the company’s corporate social responsibility (CSR) aimed at enhancing the wellbeing of farmers and communities in which it operates in Nigeria.

The company will also sign a Memorandum"...

The Financial Derivatives Company (FDC) has stated that the bold step taking by the federal government to remove subsidies on petrol and electricity, and entrench cost-reflective regimes in the two energy sources would encourage direct investment flows into the power, petroleum and manufacturing sectors of the Nigerian economy.

The FDC also predicted that despite the current challenges, the Nigerian economy would witness recovery in the first quarter"...

Dangote Oil Refinery has reiterated its commitment to working closely with its host community, especially in the area of training and provision of job opportunities for youths in the areas of operations.

Speaking during the commencement of a skills acquisition programme for another batch of youths in Ibeju-Lekki community in Lagos State, the company’s Group Executive Director, Strategy, Capital Projects and Portfolio Development, Mr. Devakumar"...

The Minister of State for Petroleum Resources, Mr. Timipre Sylva has given up his official vehicles to be remodelled to use gas as fuel instead of petrol.
He said the move would enable him encourage Nigerians to switch to gas as alternative to petrol for their vehicles.

Sylva disclosed at the recent quarterly meeting of his ministry that he has handed over his vehicles to the relevant committee of the National Gas Expansion Programme (NGEP)"...

(TAP)-No problem is currently impeding the supply of Algerian gas to Tunisia, in compliance with the agreements concluded between the two countries, said Monday, the Ministry of Energy, Mines and Energy Transition.

The department specifies in clarifications posted on facebook, that whatever has been spread about the possibility that Algeria could interrupt the supply of gas to Tunisia is utterly false.

These"...

• The rebrand signals the next stage in the company’s journey to grow as an energy solutions provider leading the decarbonization, digitization and delivery of reliable power globally.
• As a major wholly owned subsidiary of the Mitsubishi Heavy Industries Group, Mitsubishi Power will work even more closely with its sister companies to tap new verticals and build on investments in digital solutions, hydrogen, ammonia, battery energy storage systems and solar power.

Mitsubishi Power, a major"...