Engineering
May 13,
2016
Upstream relates to exploring and producing oil and gas while midstream involves transporting the products. South Africa is planning a new law that will separate parts of its oil and…
May 12,
2016
Nigeria has announced a new price regime for petrol with the highest being $0.77 (N145) per litre, but labour unions have kicked against the increase. The Petroleum Products Pricing Regulatory…
May 11,
2016
Canadian mining company Lucara Diamond announced the sale of a huge 813-carat diamond for a record $63 million (€55 million). Lucara sells 813-carat diamond for a record $63m The sale…
May 10,
2016
The number of locally assembled vehicles surpassed the 10,000 mark last year as vehicle dealers increased their output in a bid to lower their tax bills. An assembly plant at…
May 09,
2016
The Ukrainian Ambassador to Nigeria, Valeriy Aleksandruk, has said that his country is ready to invest one billion dollars into Ajaokuta Steel Company in order to revive the plant. This…
May 05,
2016
A DIAMOND the size of a tennis ball which is the largest discovered in more than a century could sell for as much as $90million, according to Sotheby's. Lesedi La…
May 03,
2016
The Zimbabwe government has put $600 million worth of the country’s critical power projects in the hands of a middleman accused of drug trafficking, and awarded big contracts to companies…
May 02,
2016
President John Mahama has performed a ground breaking ceremony for the start of a seven billion dollar offshore Cape Three Points integrated oil and gas project at Sanzuley in the…
Apr 29,
2016
Officials from Uganda and Tanzania will in the coming days meet to fine-tune the work plan for the development of the proposed Shs11 trillion($3.3 billion) crude oil export pipeline. The…
Apr 27,
2016
Gabon is considering a return to OPEC and trying to rally fellow African nations for a more coordinated response to slumping oil prices, President Ali Bongo Ondimba said. Some members…
Apr 25,
2016
The Dar es Salaam-Isaka-Kigali/Keza-Musongati (DIKKM) standard gauge railway (SGR) project is progressing well, an official said. Eng. Jules Ndenga, the acting special project implementation unit coordinator at the Ministry of…
Apr 21,
2016
More than 80 years ago an economist, John Maynard, predicted a new disease he called ‘technological unemployment’, caused by the discovery of new technologies that would be used to perform…
Apr 20,
2016
Mineral Resources Minister Mosebenzi Zwane will hold a two-day meeting with mining-industry executives to debate a draft plan to compel mines to ensure that black people hold at least 26%…
Apr 15,
2016
President John Dramani Mahama has said his government plans to make the country a power hub in the West African sub-region by 2020. “The prospects of electricity production in Ghana…
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