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Tullow to Exit Kenya Operations in $120M Deal with Gulf Energy
Tullow Oil plc has announced that its wholly-owned subsidiary, Tullow Overseas Holdings BV, has signed a heads of terms agreement with Gulf Energy Ltd for the sale of Tullow Kenya BV, which holds Tullow’s entire working interest in Kenya. The…
New GX and RMB Ventures Unite to Drive Sustainable Infrastructure Growth
New GX Capital, under the leadership of founder and CEO Khudusela Pitje, has announced the first close of Airnergize Capital Fund I, raising R2.4 billion ($120 million). The clean technology-focused fund aims to reach R4 billion ($200 million) as it…
Doubling down on sustainability commitments: six practical solutions to meet the AI challenge
The best time to plant a tree, the old saying goes, was 20 years ago, and the second-best time is today. The same concept holds true to sustainability in the data centre industry. While the ideal moment to prioritise, green…
AVEVA is providing data management support for renewable natural gas projects
AVEVA, a global leader in industrial software driving digital transformation and sustainability, has been selected by Archaea Energy, the largest renewable natural gas (RNG) producer in the US, to build a comprehensive operations data management infrastructure. Using AVEVA’s software, Archaea…
Telematics & IoT: Making Mining Safer & More Efficient For You
With advancements in technology and innovations, telematics and Internet of Things (IoT) technologies are promoting a paradigm shift in the mining industry. As Grant Fraser, Group Managing Director Netstar explains, “We’re sort of in this era where connected devices are…
Digital energy – getting the foundation right
Digital energy today refers to the integration of digital technologies into the energy sector to, in turn, enhance efficiency, reliability and sustainability. In practice, it uses advanced analytics, automation and connectivity to optimise energy production. Taking it another step further,…
Nigeria Can Reach 100% Renewable Energy by 2060
Nigeria|The global technology group Wärtsilä released its new report, “Nigeria Leading Africa to Net Zero.” The report provides a detailed and realistic roadmap outlining how Nigeria should proceed to build a 100% renewable energy power system by 2060. As Nigeria…
Growth & Challenges in South Africa’s Renewable Energy Sector
South Africa’s renewable energy sector is the largest electricity market in Africa and one of the top 25 largest in the world in terms of volume demand. It is set to grow by nearly 50% over the next decade. This reflects…
TotalEnergies to Drive Libya’s Production Expansion
In an exclusive interview with Energy Capital & Power, Pedro Ribeiro, Managing Director and Country Chair – Libya for TotalEnergies, shared the company’s strategic plans to enhance field performance, increase production at Waha and Sharara and advance exploration efforts in…
Saudi Arabia Unveils Its First Hydrogen-Powered Bus
In a significant step towards sustainable transportation, Saudi Arabia has launched its first hydrogen-powered bus. The bus was inaugurated in the presence of His Royal Highness Prince Saud bin Talal bin Badr bin Saud bin Abdulaziz, Governor of Al-Ahsa, and His…
Rolls-Royce Powers Africa’s First Rice Straw MDF Facility, Reducing CO2 Emissions
Rolls-Royce (www.Rolls-Royce.com) has commissioned ten mtu gas gensets in the Beheira province in northern Egypt to supply the Egyptian Wood Technology Company’s (WOTECH) production plant with electricity. Since there is no access to the public grid, WOTECH relies entirely on…
Eni Launches Baleine Phase 2: Turning Point for Ivory Coast’s O&G Sector
Eni, the energy supermajor, has announced that Phase 2 of its flagship Baleine field offshore Ivory Coast has been successfully launched. This significant milestone comes a scant two years after FID and one-and-a-half years after the commencement of Phase 1.…
Ignite Power Secures $15M Investment to Transform West Africa’s Solar Energy Landscape
Ignite Power has secured $15 million in senior debt financing from Afrigreen Debt Impact Fund (“AFRIGREEN”), a leading renewable energy investor focused on Africa, for its subsidiary Westa Solar, which specializes in commercial and industrial (C&I) solar energy. This substantial…
Etana Energy signs a R1.8 billion deal with GuarantCo and British International Investment to boost renewable energy in South Africa
Etana Energy, the South African energy trading company, aims to unlock R9 billion of new renewable energy investment through a groundbreaking deal with GuarantCo, part of the Private Infrastructure Development Group (PIDG), and British International Investment (BII), the UK’s development…
African Development Bank Approves $170 Million for Egypt’s Largest Wind Energy Project
The Board of Directors of the African Development Bank (www.AfDB.org) has approved a loan of up to $170 million to support the development of the game-changing 1.1 GW Suez Wind Project, currently Egypt’s largest wind energy initiative. The total project cost…
EV Charging Stations to Generate More Than $17billion in Annual Revenue by 2029
The EV revolution is well and truly in full flow as the global sales of Elective Vehicles continue to grow yearly. The rising popularity of EVs has also paved a way for other new businesses to crop up, such as…
