Despite SA plans, TotalEnergies still plays key role in Africa/in /by
<p><img src="https://biz-file.com/c/2407/743229-208x117.jpg?5" width="208" height="117" alt="TotalEnergies injected some positivity in its share price when news broke of its intention to exit the offshore gas project in South Africa." align="left"><br><span >TotalEnergies injected some positivity in its share price when news broke of its intention to exit the offshore gas project in South Africa.&lt;/span><p>As a major player in the oil and gas industry in 43 African countries, French company TotalEnergies seeks to develop local content in its operations in Africa. The company is rumoured to be pulling out of the South African offshore gas exploration project with the news causing a stock price rally back towards its all-time highs reached in 2024.</p><br> <a href="https://www.bizcommunity.comhttps://www.bizcommunity.com/article/despite-sa-plans-totalenergies-still-plays-key-role-in-africa-458509a">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=693&ct=1&ci=249765">Send to a friend</a></p><div style="clear:left"></div>
Egypt will benefit from floating nuclear plant/in /by
<p><img src="https://biz-file.com/c/2406/740437-208x117.jpg?5" width="208" height="117" alt="The high-tech solution is based on the RITM-200 reactor" align="left"><br><span >The high-tech solution is based on the RITM-200 reactor&lt;/span><p>The World Association of Nuclear Operators (WANO) has successfully completed a peer review of Africa's second nuclear power plant, a floating nuclear thermal power plant (FNPP) located in Pevek, Chukotka Autonomous Okrug. The review involved Chinese and Russian experts who assessed the plant's compliance with safety recommendations and operational procedures.</p><br> <a href="https://www.bizcommunity.comhttps://www.bizcommunity.com/article/egypt-will-benefit-from-floating-nuclear-plant-236237a">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=705&ct=1&ci=249120">Send to a friend</a></p><div style="clear:left"></div>
Undeterred ExxonMobil pushes forward with Mozambique LNG project/in /by
<p><img src="https://biz-file.com/c/2405/736124-208x117.jpg?5" width="208" height="117" alt="A 3D printed natural gas pipeline is placed in front of displayed ExxonMobil logo. Source: Reuters/Dado Ruvic" align="left"><br><span >A 3D printed natural gas pipeline is placed in front of displayed ExxonMobil logo. Source: Reuters/Dado Ruvic&lt;/span><p>ExxonMobil is "optimistic and pushing forward" with its delayed Rovuma liquefied natural gas (LNG) project in Mozambique and expects a final investment decision at the end of next year, a company official said at an energy conference.</p><br> <a href="https://www.bizcommunity.comhttps://www.bizcommunity.com/article/undeterred-exxonmobil-pushes-forward-with-mozambique-lng-project-895133a">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=834&ct=1&ci=248089">Send to a friend</a></p><div style="clear:left"></div>
$1.3bn Exxon Nigeria asset sale could be approved/in /by
<p><img src="https://biz-file.com/c/2405/736123-208x117.jpg?5" width="208" height="117" alt="Plants are displayed at the booth of American multinational oil and gas corporation ExxonMobil during the LNG 2023 energy trade show in Vancouver. Source: Reuters/Chris Helgren" align="left"><br><span >Plants are displayed at the booth of American multinational oil and gas corporation ExxonMobil during the LNG 2023 energy trade show in Vancouver. Source: Reuters/Chris Helgren&lt;/span><p>Exxon Mobil's asset sale to Seplat Energy could be approved in less than two weeks, Nigeria's oil regulator told Reuters on Thursday, ending a two-year delay since the deal was first agreed.</p><br> <a href="https://www.bizcommunity.comhttps://www.bizcommunity.com/article/13bn-exxon-nigeria-asset-sale-could-be-approved-017355a">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=834&ct=1&ci=248087">Send to a friend</a></p><div style="clear:left"></div>
Red Rocket secures funding for Virginia Solar project/in /by
<p><img src="https://biz-file.com/c/2405/736122-208x117.jpg?5" width="208" height="117" alt="Tororo Solar North Limited, is a special purpose vehicle company (SPV) established to develop, build, operate and maintain a 10MW Photovoltaic Power Plant in Eastern Uganda." align="left"><br><span >Tororo Solar North Limited, is a special purpose vehicle company (SPV) established to develop, build, operate and maintain a 10MW Photovoltaic Power Plant in Eastern Uganda.&lt;/span><p>Integrated Independent Power Producer (IPP) Red Rocket has announced the successful financial close of the 275MWp Virginia Solar Park in the Free State. This marks the largest solar farm under the Renewable Energy Independent Power Producers' Procurement Programme (REIPPPP) and a major milestone for sustainable energy in South Africa.</p><br> <a href="https://www.bizcommunity.comhttps://www.bizcommunity.com/article/red-rocket-secures-funding-for-virginia-solar-project-562800a">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=604&ct=1&ci=248086">Send to a friend</a></p><div style="clear:left"></div>
Inaugural Global African Hydrogen Summit seeks to unite H2 leadership/in /by
<p><img src="https://biz-file.com/c/2404/735742-208x117.png?5" width="208" height="117" alt="The inaugural Global African Hydrogen Summit is slated for Windhoek, Namibia from 3-5 September 2024" align="left"><br><span >The inaugural Global African Hydrogen Summit is slated for Windhoek, Namibia from 3-5 September 2024&lt;/span><p>Africa is emerging as a major player in the global green hydrogen revolution &#x2013; a clean energy source produced from renewable resources like solar and wind power. This presents a unique opportunity for the continent to achieve sustainable economic growth, create jobs, and eliminate energy poverty, according to Tiago Marques, head of content for the Global African Hydrogen Summit.</p><br> <a href="https://www.bizcommunity.comhttps://www.bizcommunity.com/article/inaugural-global-african-hydrogen-summit-seeks-to-unite-h2-leadership-673901a">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=693&ct=1&ci=248001">Send to a friend</a></p><div style="clear:left"></div>
Claimant lawyers accuse Anglo of &amp;#x2018;shocking indifference&amp;#x2019; to Kabwe case/in /by
<p><img src="https://biz-file.com/c/2404/735002-208x117.jpg?5" width="208" height="117" alt="Claimants in the Kabwe lead poisoning case will be escalating the ongoing dispute with Anglo American to the SCA" align="left"><br><span >Claimants in the Kabwe lead poisoning case will be escalating the ongoing dispute with Anglo American to the SCA&lt;/span><p>Lawyers representing the Kabwe community in the lead poisoning class action lawsuit accuse Anglo American of "shocking indifference" after the Johannesburg High Court granted leave to appeal a previous dismissal of the class action case. This decision paves the way for the case to be heard by the Supreme Court of Appeal of South Africa.</p><br> <a href="https://www.bizcommunity.comhttps://www.bizcommunity.com/article/claimant-lawyers-accuse-anglo-of-shocking-indifference-to-kabwe-case-564770a">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=608&ct=1&ci=247836">Send to a friend</a></p><div style="clear:left"></div>
Anglo maintains innocence as Kabwe claimants given leave to appeal/in /by
<p><img src="https://biz-file.com/c/2404/734858-208x117.jpg?5" width="208" height="117" alt="Source: Aleksandar Pasaric/Pexels" align="left"><br><span >Source: Aleksandar Pasaric/Pexels&lt;/span><p>Claimants from Kabwe, Zambia, who are seeking compensation for alleged lead poisoning, have been given the green light to appeal a previous court decision. The South African High Court has acknowledged their right to appeal, paving the way for the case to be escalated to a superior court. This development, however, does not reverse the High Court&#x2019;s initial dismissal of the class action lawsuit in December 2023.</p><br> <a href="https://www.bizcommunity.comhttps://www.bizcommunity.com/article/anglo-maintains-innocence-as-kabwe-claimants-given-leave-to-appeal-342468a">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=608&ct=1&ci=247793">Send to a friend</a></p><div style="clear:left"></div>
Galp Energia says Mopane oil field contains 10bn barrels/in /by
<p><img src="https://biz-file.com/c/2404/734781-208x117.jpg?5" width="208" height="117" alt="Galp Energia logo is seen displayed in this illustration taken. Source: Reuters/Dado Ruvic" align="left"><br><span >Galp Energia logo is seen displayed in this illustration taken. Source: Reuters/Dado Ruvic&lt;/span><p>Portuguese oil company Galp Energia said on Sunday it had concluded the first phase of exploration in the Mopane field off the coast of Namibia and estimated it could have at least 10 billion barrels of oil.</p><br> <a href="https://www.bizcommunity.comhttps://www.bizcommunity.com/article/galp-energia-says-mopane-oil-field-contains-10bn-barrels-675751a">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=834&ct=1&ci=247771">Send to a friend</a></p><div style="clear:left"></div>
OPEC courts Namibia as country embraces energy resources/in /by
<p><img src="https://biz-file.com/c/2404/734220-208x117.jpg?5" width="208" height="117" alt="The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen at OPEC's headquarters in Vienna. Source: Reuters/Leonhard Foeger" align="left"><br><span >The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen at OPEC's headquarters in Vienna. Source: Reuters/Leonhard Foeger&lt;/span><p>The OPEC+ oil producers group, having lost Angola and other players in recent years, is eyeing Namibia for possible membership as it sets up what could be Africa&#x2019;s fourth-largest output by the next decade, an African industry official said.</p><br> <a href="https://www.bizcommunity.comhttps://www.bizcommunity.com/article/opec-courts-namibia-as-country-embraces-energy-resources-120516a">Read more...</a> | <a href="https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=834&ct=1&ci=247618">Send to a friend</a></p><div style="clear:left"></div>