INTERNATIONAL

FAMAR PSC Confirms as a Silver Sponsor at Angola Oil & Gas 2022

Energy, Capital & Power (ECP) (https://EnergyCapitalPower.com) – global, Africa-focused energy investment platform – is proud to announce that bunkering company, FAMAR PSC, will be attending and participating as a silver sponsor at the 2022 edition of the Angola Oil & Gas (AOG) conference and exhibition (https://bit.ly/3X9ZjG0) – Angola’s premier event for the hydrocarbon sector – […]

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Schneider Electric, Ikeja Electric partner to improve electricity distribution

Schneider Electric Defines Physical Infrastructure Solutions for Edge Computing

High-bandwidth content, Internet of Things aggregation and latency-sensitive applications cited as drivers of edge computing growth Schneider Electric, a global leader in energy management and automation, today announced its strategy and capabilities for supporting enterprises, cloud and services providers looking to deploy compute resources at “the edge.” Defined as “IT resources placed close to the

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TotalEnergies denounces dissemination by Greenpeace of false and misleading information on greenhouse gas emissions

Libya: TotalEnergies Increases Interest in the Waha Concessions

By Eyo Nsima TotalEnergies has completed the joint acquisition with ConocoPhillips of the 8.16% interest held by Hess in the Waha concessions, in Libya. As a result of this transaction, TotalEnergies’ interest in these concessions is increased from 16.33% to 20.41%. This acquisition reflects TotalEnergies’ commitment to support Libya’s National Oil Corporation (NOC) in its

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Control Risks launches the Top Risks for Business in 2023

Businesses will face a historically broad and deep set of risks in 2023, posing interconnected and existential threats across geographies and sectors, says specialist risk consultancy, Control Risks (www.ControlRisks.com). Launching its annual RiskMap forecast featuring the Top Risks for business, Control Risks pointed to a combination of fractious geopolitics, armed conflict, disrupted energy systems, economic

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Middle East: Oil demand remains low despite the ease in COVID-19 lockdown

UTM Offshore to Set a Natural Gas Milestone with Nigeria’s First FLNG Facility

UTM Offshore will sign an agreement for the Front-End Engineering Design (FEED) for Nigeria’s first Floating Liquefied Natural Gas (FLNG) facility with engineering firms KBR, JGC Corporation and Technip Energies on November 16, 2022 in London. Having signed an agreement to co-finance the development with the African Export-Import Bank earlier on, UTM Offshore’s signing of

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Monjasa CEO Anders Østergaard to Discuss Logistics-Energy Nexus at Angola Oil and Gas 2022

Energy Capital & Power (ECP (www.EnergyCapitalPower.com) has announced that Anders Østergaard, Group CEO and Member of the Board at bunkering services company, Monjasa Angola, will be attending and participating as a speaker at the 2022 edition of the Angola Oil and Gas (AOG) conference and exhibition (https://bit.ly/3E8KZFd) – Angola’s premier event for the hydrocarbons sector

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COP27: EIB, Global and AllianzGI Announce $100m for Renewable Energy Projects

The Emerging Markets Climate Action Fund invests $25 million and EIB (www.EIB.org) Global invests $75 million in Alcazar Energy Partners II; The fund will finance renewable energy projects in the Middle East, North Africa, Eastern Europe and Central Asia; This joint commitment of EMCAF and EIB Global will support the development of onshore wind and

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AfDB

COP27: African and global partners launch multi-billion alliance for green infrastructure

Alliance to raise up to $500 million of early-stage project preparation and development capital. Goal: boost project bankability and generate up to $10 billion in investment opportunities for the private sector. The African Union, the African Development Bank Group and Africa50—in partnership with several global partners—have launched the Alliance for Green Infrastructure in Africa (AGIA),

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AfDB

Coalition launches policy revealing African Public Finance Institutions’ financing fossil fuels

On Thursday, at the UN Climate Talks, the Fair Finance Coalition of Southern Africa (FFCSA) revealed the findings of an assessment of the policies of six public finance institutions (PFIs) in Africa. The institutions assessed by the FFCSA include the Development Bank of Southern Africa, Industrial Development Corporation, New Development Bank, African Development Bank, Export

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AfDB

Angola: AfDB Group notes country’s outstanding economic and fiscal reforms

By Our Correspondent At the end of a three-day official visit to Angola, African Development Bank Group’s (www.AfDB.org) Director General for Southern Africa Leila Mokaddem has commended the Lusophone nation for its ongoing economic reforms. Mokaddem visited Angola from 8 to 9 November 2022 where she met with members of the government in key portfolios.

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