African Energy Chamber Boosts Africa’s Oil Prospects at AAPG
The African Energy Chamber (AEC) made a substantial impact at the recent American Association of Petroleum Geologists (AAPG) conference, prominently showcasing Africa’s untapped potential in the oil and gas sector. The AEC’s participation underscores the continent’s burgeoning importance as a global energy hub and its capacity to meet the escalating demand for hydrocarbons. With a…
South Africa Cuts Fuel Prices Providing Relief as Rand Strengthens
South Africa’s Department of Mineral Resources and Energy has announced significant fuel price cuts effective, driven by lower global oil prices and a stronger rand. Petrol prices will decrease by 92 cents per litre, while diesel prices will see a drop of 79 cents per litre. Illuminating paraffin will be reduced by 103 cents per litre,…
How Huawei’s Smart Grid Deal Will Transform Kenya’s Energy
Huawei, a top global ICT provider, has signed a Memorandum of Understanding (MoU) with Kenya to advance smart grid technology and digitalize the energy sector. This partnership supports Kenya’s goal of becoming a regional hub for smart grids, focusing on IoT, AI, microgrids, and renewable energy integration. The MoU outlines a comprehensive plan to leverage…
Schneider Electric Celebrates 100 Years of TeSys Innovation
Schneider Electric, a global leader in the digital transformation of energy management and automation, is commemorating the 100th anniversary of its TeSys contactors. This milestone marks a century of innovation and technological advancement in motor control, a crucial component of industrial operations. The significance of this anniversary cannot be overstated. TeSys contractors have played a…
Vivo Energy’s Revenue Drops Due to Economic Pressures
Vivo Energy, a leading pan-African marketer and distributor of petroleum products and lubricants, has reported a decline in revenue for the first half of 2024 in Kenya. The company’s revenue dropped by Sh2 billion from Sh101 billion to Sh99 billion during the six months ended June 30, 2024. Several factors contributed to this revenue decline….
Kenya’s Manganese Discovery, What It Means for Energy
Marula Mining announced the significant discovery of high-grade manganese at its Larisoro Manganese Mine in Samburu County, Kenya. The assay results, confirming an average grade of 35.73% manganese, position Kenya as a potential major player in the global manganese market. Manganese is a critical component in lithium-ion batteries, which power electric vehicles (EVs) and renewable…
South Africa Seeks $18 Billion for Municipal Power Grid Upgrades
South Africa has revealed a bold plan to secure $18 billion in funding for crucial upgrades to its municipal power grids. The initiative to upgrade South Africa’s electricity infrastructure is key to solving the country’s energy problems. It also paves the way for a more sustainable and fair energy future. The initiative’s centerpiece is the…
Is Kenya’s Nuclear Power Project the Future or a Risk?
Kenya is preparing to launch a landmark energy project with the construction of its first nuclear power plant by 2034, a development that has generated both enthusiasm and apprehension among stakeholders. The government has disclosed that the 1,000-megawatt facility will be situated along the Indian Ocean coast in Kilifi County, with construction scheduled to commence…
Energy CS Opiyo Wandayi Reveals Key Drivers of Kenya’s Fuel Prices
Energy Cabinet Secretary Opiyo Wandayi recently shed light on the intricate factors that shape fuel prices in Kenya, emphasizing the need for a comprehensive understanding of the issue. Fuel prices, which heavily influence the cost of living, are determined by a delicate balance of global market forces, local economic policies, and taxation systems. A primary…
Kenya Pipeline Company Stays Public Amid Privatization Efforts
The Kenya Pipeline Company (KPC), a key player in the country’s energy sector, will remain under government control despite earlier plans for privatization. The decision, announced by Energy and Petroleum Cabinet Secretary Opiyo Wandayi, underscores KPC’s strategic importance to Kenya’s economy and national security. KPC’s retention comes as part of a broader government initiative to…
