Latest News for: Africa energy group


Italy’s Snam acquires stake in Algerian gas pipelines

Business Day 28 Nov 2021
Europe’s biggest gas infrastructure group said on Saturday it would pay energy company Eni €385m for a 49.9% stake in the pipelines to jointly control the assets with its fellow Italian company ... Eni, one of the biggest foreign oil and gas producers in Africa, has a series of strategic agreements with Algerian state-owned energy group Sonatrach.

Snam buys stake in Algerian gas pipelines to pave way for hydrogen highway

Metro USA 27 Nov 2021
“In the future, North Africa could also become a hub for producing solar energy and green hydrogen,” Snam CEO Marco Alvera said in a joint statement with Eni ... Eni, one of the biggest foreign oil and gas producers in Africa, has a series of strategic agreements with Algerian state-owned energy group Sonatrach.

Italy’s Snam buys stake in Algerian gas pipelines

Arab News 27 Nov 2021
Europe’s biggest gas infrastructure group said on Saturday it would pay energy company Eni €385 million ($436 million) for a 49.9 percent stake in the ...

Sahara Group urges more intra-African collaboration at Libya Energy Summit

Business Day Online 25 Nov 2021
Executive Director, Wale Ajibade who led Sahara Group’s delegation to the Libya Energy and Economic Summit 2021 in Tripoli said collaboration geared towards promoting security on the continent remained critical to achieving sustainable development in Africa ... We need energy ...

The post-COP26 state of coal

Mail Guardian South Africa 25 Nov 2021
The #CancelCoal court case was launched by the youth-based African Climate Alliance (ACA); the community-based Highveld group the Vukani Environmental Justice Movement in Action; and groundWork, represented by the Centre for Environmental Rights (CER), against the minister of energy and the National Energy Regulator of South Africa.

Vitol agrees to buy rest of Vivo Energy in $2.3 billion deal

Live Mint 25 Nov 2021
A fund backed by trading giant Vitol Group agreed to buy Vivo Energy in a deal valuing the Africa-focused fuel retailer at about $2.3 billion ... Premium Premium EV startup Simple Energy raises $21 million in equity f ... “Fuels distribution and marketing in Africa remains a core activity for the Vitol Group," it said in a statement.

Vitol makes cheeky move on London fuel laggard

Reuters 25 Nov 2021
LONDON, Nov 25 (Reuters Breakingviews) - Commodity trader Vitol is buying out minority shareholders in Vivo Energy (VVO.L), a London-listed group that sells fuel in Africa. The 139 pence per share offer, which values the firm at $2.3 billion, is a 25% premium to Vivo’s undisturbed price, but still below the 165 pence at which it listed in 2018 ... ....

The compelling case for energy storage if Africa is to achieve net zero in carbon emissions

Business Ghana 24 Nov 2021
Enlit Africa event is organised by The Vuka Group  [2](formerly Clarion Events Africa), a leading Cape Town-based and multi-award-winning organiser of exhibitions, conferences and digital events across the continent in the infrastructure, energy, mining, mobility, ecommerce and CX sectors.

NextSource Materials Awards Contract to Power Its Molo Graphite Mine in Madagascar with Hybridized Solar-Thermal Energy

Eagle-Tribune 23 Nov 2021
CrossBoundary Energy is Africa's leading supplier of clean electricity for businesses ... CrossBoundary Energy was launched by the CrossBoundary Group in 2015 as Sub-Saharan Africa's first provider of fully financed commercial-industrial solar solutions ... CrossBoundary Energy is funded ...

Activists disappointed Sasol’s climate plan is endorsed by the company's shareholders

Independent online (SA) 22 Nov 2021
Sasol is South Africa’s second-biggest greenhouse gas (GHG) emitter after Eskom, and plans to become a net zero emitter by 2050. In September, Sasol announced its GHG emissions would be reduced by 30 percent across its energy and chemical value chains in southern Africa by 2030.

A just energy transition is part of the IRP2019 and a commitment to combating climate change

Independent online (SA) 20 Nov 2021
South Africa remains fully committed to the Paris Agreement that obligates signatory countries to combat the effects of climate change as we transition to low-carbon economies based on low-carbon emissions technologies ... South Africa is a world leader in natural resource reserves and exploitation of the Platinum Group Metals (PGM).

Orion Minerals’ Prieska mine goes green

Independent online (SA) 19 Nov 2021
The Cenec Prieska Power Reserve is set to become one of South Africa’s largest renewable energy centres, and according to its website, it was conceptualised with the aim of achieving energy independence and “avoid constraints and limitations of the national energy grid”.

First LNG Delivery to South Africa

The Maritime Executive 18 Nov 2021
DNG Energy received ... “The arrival of the LNG consignment is an inflection point for South Africa’s energy market, marking a key moment in our shift from coal-fired and oil-fired power generation to cleaner alternatives,” said Aldworth Mbalati, CEO of DNG Energy.

Astron Energy reveals its new brand identity of Caltex service stations that it acquired recently

Independent online (SA) 18 Nov 2021
ASTRON Energy this week revealed its new brand identity and what its ... The name change and rebrand follows the 2018 change of ownership of Astron Energy and its exit from the Chevron group of companies ... Astron Energy interim chief executive, Braam Smit, said.