French funding aids Eskom’s investments in power grid

Eskom

JOHANNESBURG, (CAJ News) – ESKOM and the French Agency for Development have signed a R6 billion (€400 million) multi-tranche framework agreement to support Eskom investments in the extension and reinforcement of its power transmission grid. Eskom Chief Financial Officer, Anoj Singh, says the multi-tranche loan facility will contribute towards More...

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GTC co-founder, Gary Formato IMAGE -GIFT NDOLWANE
By On Thursday, March 16th, 2017
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Engines rev for expanded Sasol GTC season

GTC co-founder, Gary Formato IMAGE -GIFT NDOLWANE JOHANNESBURG, (CAJ News) – THE Sasol Global Touring Car Championship is revving up for its new nine-round season. The second season starts next week with a More...

former Managing Director of the Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu
By On Thursday, March 16th, 2017
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Former Nigeria oil boss changes tune in fraud probe

former Managing Director of the Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu ABUJA, (CAJ News) – BELEAGURED former Managing Director of the Nigerian National Petroleum Corporation (NNPC), More...

huawei
By On Thursday, March 16th, 2017
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Huawei offers African Utility Week platinum boost

CAPE TOWN, (CAJ News) – GLOBAL information and telecommunications giant, Huawei, has signed a platinum sponsorship with African Utility Week, the leading conference and trade exhibition for power, energy More...

oil companies ng
By On Wednesday, March 15th, 2017
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Nigeria oil companies urged to relocate bases

LAGOS, (CAJ News) – CAPTAINS of industry and commerce have endorsed calls by the Nigerian government for oil companies to relocate their headquarters to their areas of operations. The Port Harcourt Chamber More...

oil and gas summit
By On Friday, March 10th, 2017
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Abuja hosts West Africa oil and gas summit

ABUJA, (CAJ News) – THE expanded Upstream and Downstream Exhibition and Conference, one of West Africa’s biggest oil and gas summits will be held in Abuja, Nigeria in August. This year’s expo comes with More...

Oil
By On Friday, March 10th, 2017
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Oil industry directors probed for corruption

LAGOS, (CAJ News) – A trio of energy sector executives has been arraigned in the oil-rich Delta State of Nigeria for alleged corruption. Directors Gregory Eriyanremu, Frank Ugen and Harriman Isa Oyofo and More...

ExxonMobil
By On Thursday, March 9th, 2017
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ExxonMobil to Acquire 25% in Mozambique’s Area 4

MAPUTO, (CAJ News) – ExxonMobil and Eni have signed a sale and purchase agreement to enable ExxonMobil acquire a 25 percent indirect interest in the natural gas-rich Area 4 block, offshore Mozambique. Eni More...

By On Wednesday, March 1st, 2017
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Internet of things shakes African oil & gas sector

Oil JOHANNESBURG, (CAJ News) – A technology expert has encouraged oil and gas companies in the continent to make the most of the proliferation of software to overcome the upheavals afflicting the sector. Falling More...

Oil rig being tugged in the sea
By On Tuesday, February 28th, 2017
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Lagos summit tackles African oil industry issues

Oil rig being tugged in the sea LAGOS, (CAJ News) – ISSUES of sustainability and frontier exploration affecting oil companies in the region will top the agenda at the Sub-Sahara Africa Upstream Oil and Gas More...