You are Here

Category: International

Diamonds International News

De Beers to Relocate Auction Headquarters to Gaborone, Botswana

De Beers announced its decision to move its auction headquarters from Singapore to Gaborone, Botswana, as part of the diamond miner’s cost-cutting initiatives. The relocation aims to streamline operations and improve efficiency while supporting the development of Botswana’s diamond sector. De Beers Group Auctions, responsible for around 10% of the company’s rough-diamond sales, will temporarily pause operations and sales events during the transition period, which is expected to take place over the coming months. Consolidating

Loading

Read More Here

International Energy

Kenya: GDC Targets 218 MW Boost to National Grid Capacity

Kenya’s state-owned Geothermal Development Company (GDC) aims to bolster the country’s national grid with an additional 218 MW by 2027, as outlined in its recently released Strategic Plan 2023-2027. The GDC aims to develop six steam fields — Paka, Silali, Korosi-Chepchuk, Suswa, Menegai Caldera and Menengai West — and drill 57 wells. The resource development plan will require an estimated budget of KSh102.2 billion (approximately $802 million). “Today, GDC has harnessed a total of 560 MW of

Loading

Read More Here

International Renewable Energy

Burkina Faso Gets $48M Boost for Donsin Solar Plant

Burkina Faso has received a US$48 million boost from the Export-Import Bank of China to aid in the development of the Donsin solar power plant project and its accompanying electricity storage system. The project involves the construction of a 25 MW solar power plant at the Donsin airport site, located in the council of Loumbila in central Burkina Faso. Additionally, a 5 MW/20 MWh battery electricity storage system will be installed. This initiative underscores Burkina

Loading

Read More Here

International News Renewable Energy

GameChange Solar Snags 500 MW in Southern Africa

GameChange Solar to Power Southern Africa with 500 MW Solar Projects Using Genius TrackerTM Technology”. These projects are strategically positioned to enhance energy supply across the region, supporting the diversification of the energy mix to help ensure a stable electricity supply, including critical mining operations. Three of the projects are in South Africa, including a Risk Mitigation Independent Power Producer Programme (RMIPPP) project in the Northern Cape and two private sector projects to supply electricity for

Loading

Read More Here

International

Mauritania’s Steel Industry Fueled by Green Hydrogen

Mauritania has unveiled ambitious plans for large-scale projects aimed at producing 12.5 million tons of green hydrogen annually by 2035 and capturing up to 1.5% of the global hydrogen market and up to 1% of the global green steel market by 2050. EU Commission President Ursula von der Leyen highlighted the importance of green hydrogen in this process during a meeting with President Ghazouani earlier this year, stating, “The technology works, but the production of green steel

Loading

Read More Here

International Oil

Sintana Energy Expands Presence in Namibia’s Orange Basin

Canadian oil and gas company Sintana Energy has inked a deal with Namibian energy firm Crown Energy to acquire a 67% stake in its subsidiary, Giraffe Energy, further solidifying its foothold in the lucrative Orange Basin. The agreement grants Sintana Energy access to Giraffe Energy’s 33% interest in the Petroleum Exploration License (PEL) 79, situated within the exploration blocks 2815 and 2915. Notably, PEL 79 is strategically positioned adjacent to the Mopane light-oil discoveries recently

Loading

Read More Here

International Gas News

Ghana: Genser Energy Commissions 110km Gas Pipeline

Diversified energy company Genser Energy commissioned a 110km natural gas pipeline to propel Ghana’s power sector and foster economic growth. The inauguration took place on April 17 in the presence of Ghanaian President H.E Nana Addo Dankwa Akufo-Addo and Minister of Energy Matthew Opoku Prempeh. Dubbed the Anwomaso Gas Pipeline, the project will transport natural gas from western Ghana to power the 250 MW Kumasi 1 Thermal Power Plant, ensuring energy security and affordability in Ashanti

Loading

Read More Here

International News Petroleum

Namibian Content Policy is Taking Shape, Says Petroleum Commissioner

Namibia is making significant progress in shaping its Namibian content framework, with the draft policy already under discussion. Speaking at the Namibian International Energy Conference (NIEC) in Windhoek, Maggy Shino, Petroleum Commissioner at the Ministry of Mines and Energy, emphasized the collaborative effort underway to refine the policy. Shino highlighted the importance of broad stakeholder input, emphasizing that the framework aims to stimulate economic growth and requires careful consideration. Notably, existing provisions within the petroleum

Loading

Read More Here

International Governance News

Egypt Reaffirms Commitment to Strengthening Ties with South Sudan

Egypt’s Prime Minister Mostafa Madbouly recently met with the country’s foreign affairs and water ministers to discuss efforts to enhance cooperation with South Sudan. The meeting included Minister of Foreign Affairs Sameh Shoukry, Minister of Water Resources and Irrigation Hani Sweilam and Assistant Minister of Foreign Affairs Hossam Issa. During the meeting, which took place on April 21, Minister Shoukry emphasized Egypt‘s commitment to preserving its long-standing close relationship with South Sudan. He noted that

Loading

Read More Here

Mining International News

Nigeria Revokes Dormant Mining Titles to Boost Sector Transparency

Nigeria’s Minister of Mines announced the immediate revocation of 924 dormant mining titles, urging investors to apply for the affected licenses under a “first come, first served” basis, as part of ongoing efforts to streamline the country’s mining sector. The revoked titles consist of 528 exploration licenses, 20 mining leases, 101 quarry licenses, and 273 small-scale mining licenses, according to Mines Minister Dele Alake. This move follows the revocation of over 1,600 mining titles in

Loading

Read More Here

1 … 144 145 146 147 148 … 232