Germany Targets African Energy as an investment opportunity, particularly in clean energy and digitalization technology companies. In a webinar hosted by the African Energy Chamber (www.EnergyChamber.org) and Germany Africa Business Forum (GABF), speakers pointed out that Africa has recently shifted to the forefront of Germany’s foreign policy and development...
While watching BBC coverage of the establishment of Israeli UAE diplomatic relations last night, I was struck by a comment that for the most part is likely to have gone unnoticed. The BBC presenter mentioned, almost as an afterthought, that the new relationship would lead to financial investments and joint...
Development banks climate finance offers is huge. In a report published by <a href="http://Alternative Energy Africa.", climate financing by seven of the world’s largest multilateral development banks (MDBs) totaled $61.6 billion in 2019, of which $41.5 billion (67%) was in low- and middle-income economies, according to the 2019 Joint...
Militants threatening Mozambique LNG occupied the port of Mocimboa da Praia in the early morning hours on August 12, according to a report on the Moz24Horas website. The reported says terrorists occupied this vital port in gas-rich northern Mozambique following days of attacks claimed by an ISIS-affiliated group, according...
The US shale production decline is likely to continue, despite a bounce back in demand since April, the height of the COVID-19 pandemic. The U.S. rig count is at its lowest since 2005; only 176 oil rigs are currently active nation-wide. Drilling permits in July dropped to their lowest level...
Is Turkey drilling offshore Cyprus on insider data? The Cypriot government thinks Turkey got insider info on blocks off Cyprus' southern coast. Cypriot Government Spokesperson Kyriacos Koushos, who spoke to Greece’s Hellenic Broadcasting Corporation ERT this week, charged Ankara with having “somehow” obtained information regarding Block 8, which lies north...
Kazakh oil to China has been reduced along the Atasu-Alashankou pipeline this week after tests carried out earlier in January showed a high content of organic chloride, three trade sources familiar with the matter told Reuters on Tuesday. Organic chloride found in the oil varied between 70 and 120 ppm...
Wartsila renewables power plant contracts have been signed for projects to move the Caribbean and for Southeast Asia toward a 100 percent renewables future. The technology group Wärtsilä has won the contract to supply a 33 MW flexible power plant on a fast-track basis to the Barbados Light &...
A new Emerson Plantweb corrosion app provides the oil and gas industry real-time interpretation and analysis of critical data that helps prioritize maintenance and make informed integrity decisions. The Plantweb Insight Inline Corrosion application delivers field data from the Roxar wireless corrosion transmitters, providing valuable insight into instrument health and...
Upwing Energy reports successfully completion of field trials downhole Subsurface Compressor System™ (SCS) in a liquid-loaded unconventional shale gas well. The first full-scale commercial field trial of the SCS resulted in a 62 percent increase in gas production and a 50 percent increase in liquid production over its steady-state...