N e w s

Somalia aims to get oil flowing by 2020

Somalia aims to produce oil within six years, Petroleum Minister Daud Mohamed Omar said on Monday, as he announced plans to reassert control over a sector which has foundered since the outbreak of civil war in 1991.   Hopes that the impoverished East African nation could emulate neighbouring Kenya by discovering and bringing to market offshore resources have been kept on ice by long-running territorial disputes between regional.... Read more »

Posted on : Tuesday , 21st October 2014

Kenyan farmers to join other delegates in world food conference in Turin

Turin, Italy: Over 50 Kenyan farmers will join other delegates in Italy Wednesday next week in a weeklong conference that celebrates indigenous farming around the world. The conference that has been celebrated for the past ten years comes as debate to allow genetically modified food rages in Kenya two years after the banning of all GMO products. 3,000 delegates will be meeting in Turin, Italy, in a conference dedicated to family farming. The.... Read more »

Posted on : Tuesday , 21st October 2014

Kibaran Resources, CSIRO identify 3D graphene printing opportunities

Kibaran Resources’ (ASX:KNL) 50%-owned subsidiary 3D Graphtech has identified two potentially scalable manufacturing techniques for the production of graphene and graphite at low cost and high volumes. Shares in the company should trade higher on the study results, which also identified a pathway for the development of graphene inks for fused filament fabrication 3D printing.   Discussions are underway regarding an extended.... Read more »

Posted on : Tuesday , 21st October 2014

New US$ 57m Isimba Hydropower Dam in Uganda to be complete in 3 years

Preliminary works on Isimba Hydropower Dam that will add 183MW of power into Uganda’s national grid kicked off last month, with construction works scheduled for three years. Construction of the Kayunga District-based dam will benefit from government’s counterpart funding of 15%, in addition to a low interest loan acquired by the Government of Uganda from Chinese government, through Chinese Exim Bank. The Isimba Hydropower Dam.... Read more »

Posted on : Monday , 20th October 2014

Construction of a new oil terminal in Kenya to cost US$ 120m

  Niras, an engineering firm based in Denmark has been awarded a contract by the Kenya Ports Authority for the design of a new oil terminal that will replace the existing Kipevu Oil Terminal (KOT). Once the design stage of the project is over, another firm will undertake construction of the terminal at a cost of US$ 120m. Niras is expected to design the new terminal at a cost of US$ 1.7m. Niras will also be in charge of supervising the.... Read more »

Posted on : Monday , 20th October 2014

Al Nowais Investment to build Egypt s first coal-fired power plant

Egypt’s first coal-fired power plant will be based in the Suez area, and will be constructed by Al Nowais Investments, a company based in Abu Dhabi. There are also reports to set up a jetty in the nearby so it will be possible to import coal required for the new coal-fired power plant. The country has been facing severe problems in regard to power generation and it should be a relief once this 3,960 MW power station has been complete..... Read more »

Posted on : Monday , 20th October 2014

Siemens to install and commission Egypt s Suez Thermal Power Plant

Siemens will now supply electrical components for the Suez Thermal Power Plant in Egypt. The latter was supplied by East Delta Electricity Production Company’s (EDEPC). Siemens has also been tasked with the installation and commissioning of equipment supplied by this company. The 650MW Suez Thermal Power Plant is located in Suez in Egypt, and will be commissioned in 2016. Part of the electrical components to be supplied by Siemens.... Read more »

Posted on : Monday , 20th October 2014

Construction of four Tanzania Ruaha mini-grids starts

Construction of first of the four mini-grids in Tanzania has begun from last week. This is according to the three companies undertaking the project. The Ruaha Power mini-grids will be constructed and installed in Kilosa District and Morogoro region in the country. The power from these mini-grids will be distributed and sold to clients at pre-payment terms. The four Malolo mini-grids will generate a total of 300kw. Each mini-grid will be.... Read more »

Posted on : Monday , 20th October 2014

Kenya oil deposits to hit 1billion barrels

 Kenya’s recoverable oil reserves in the country’s tertiary rift basin is likely to exceed one billion barrels, the ministry of energy and petroleum said on Friday.   Cabinet Secretary for Energy and Petroleum David Chirchir said the four recently discovered oil wells that were drilled by Tullow Kenya in the Lokichar sub-basin have raised the country’s recoverable oil reserves from 300 million barrels to 600.... Read more »

Posted on : Monday , 20th October 2014

Swala Energy to raise $4.4M to fund activities in Kenya and Tanzania

    Swala Energy Limited has announced a Share Purchase Plan to raise up to A$5.0 million (US $4.4 million) to fund additional near-term work on the Company’s Tanzanian and Kenyan licences, as well as for business development and general administrative purposes. The c(SPP) is to be offered to all eligible shareholders who can subscribing for up to A$15,000 of new fully paid ordinary shares in Swala without incurring.... Read more »

Posted on : Monday , 20th October 2014

Ghana: Oil, Gas Insurance Placement for the Upstream Sector Launched

 The Petroleum Commission (PC) and National Insurance Commission (NIC), with support from the industry stakeholders have developed a protocol for placing oil and gas insurance in Ghana.   The protocol will open a window of opportunities for companies and brokers to actively participate and play lead roles in the oil and gas business in Ghana in line with the Petroleum Regulations 2013, (LI 2204) and the Insurance Act 2006, (Act.... Read more »

Posted on : Monday , 20th October 2014

Nigeria: Oil Spill - Indigenes Vow to Rebuild Ikara Community

 SAPELE--The people of Ikara Community (near Ologbo), Ikpoba/Okha Local Government Area of Edo State, have vowed to jointly rebuild their community that has been ravaged by oil pollution following ruptures in the oil pipelines of the National Petroleum Development Company, NPDC, passing through the community.   Chairman of the community, Mr. Lawrence Anirejuuoritse Wilbert, and the Secretary, Boyowa Eyejamuro, who spoke on behalf of.... Read more »

Posted on : Monday , 20th October 2014



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