(Bloomberg) — Libya’s getting better at resolving stoppages in its oil industry, underpinning a growing perception that the OPEC member is closer to becoming a stable producer again. Continue reading
ABUJA/LONDON, (Reuters) – Nigeria’s production cost per barrel of crude oil is down to $23, the state oil company said on Wednesday, after the country last month said the cost was $29 a barrel, one of the highest levels in the world. Continue reading
Bad weather in Australia and improved demand in China were the factors driving the higher metallurgical (or coking) coal prices during the second quarter of this year (2Q17), compared with the first quarter (1Q17). So stated Brazilian mining group Vale in its report, ‘Vale’s Performance in 2Q17’. Continue reading
The Gigawatt power company could invest up to US$700 million in expanding electricity production in Mozambique, potentially making the country the SADC’s largest producer of energy from natural gas, according to OPais newspaper. Continue reading
London, 18 August 2017 – ITE, organiser of top international oil and gas events, is pleased to announce details of the programme for the 24th Africa Oil Week, the world’s longest running oil and gas conference on the African continent, to be held in Cape Town, South Africa, from 23-27 October. Continue reading
“Power is the blood of development, and blood has a price… That’s the only way we can afford to invest,” said the CEO of Electricidade de Moçambique (EdM). The energy tariff was aggravated and EdM says that increase is aimed at meeting the company’s production needs. Continue reading
Mozambique state-owned power utility Electricidad de Mocambique (EDM) plans to invest $16 billion in the expansion of the electricity grid by 2030, under a project that will be implemented to provide power annually to around 300,000 families, according to APA reports by Monday.