Register | Login
 

Home » News Headlines » Categories » Industries

 
 

Madagascar Oil Enters into Working Capital Facility

1
Vote
Posted by admin 4 days ago (http://www.petroleumafrica.com)
Madagascar Oil revealed it has entered into a working capital facility with a company connected to a substantial shareholder in the company, Outrider Management. The working capital facility is a continuation of the process in which it has appointed Jefferies International as a strategic advisor to identify and secure a strategic partner who will work […]

Read More | Discuss  Bury
 
 

Oando to Sell Stake in Downstream Business

1
Vote
Posted by admin 4 days ago (http://www.petroleumafrica.com)
Oando has agreed to sell a 60% stake in its downstream business to Vitol and Helios Investment Partners for $276 million. The company’s downstream business, with a market share of 12% in Nigeria, will be set up as an independent entity, but will retain the Oando brand, the company said in a statement. The consortium […]

Read More | Discuss  Bury
 
 

Azito’s Power Plant Sees Start-up of Phase 3

1
Vote
Posted by admin 4 days ago (http://www.petroleumafrica.com)
Azito Energie saw the commercial start-up of Phase 3 of its 430-MW combined-cycle gas turbine (CCGT) Power Plant in Cote d’Ivoire’s Abidjan. The start-up of Phase 3 was celebrated with an onsite inauguration ceremony attended by the country’s president, Alassane Ouattara. Azito is now one of the most modern, efficient power plants in West Africa […]

Read More | Discuss  Bury
 
 

Seven Energy Secures Debt Facilities

1
Vote
Posted by admin 5 days ago (http://www.petroleumafrica.com)
Seven Energy International and certain of its wholly-owned subsidiaries have entered into two separate debt facilities, each with a sole lender, both of whom are prominent European institutions, for a combined $52 million, with up to a six-year tenor. These facilities will rank pari passu for security with, and have substantially the same covenants as, […]

Read More | Discuss  Bury
 
 

African Petroleum Finds Partner in Cote d’Ivoire

1
Vote
Posted by admin 5 days ago (http://www.petroleumafrica.com)
African Petroleum signed a  binding  joint  bidding  agreement  with  a  large  London -listed oil  and  gas  company  to  provide  a  framework for the incoming  third party to secure a 45% operated interest in a PSC  (on terms to be agreed) covering the company’s Block CIP513 license area in Côte d’Ivoire. It is intended that African […]

Read More | Discuss  Bury
 
 

Bokoni Mines on knife-edge as R422m deal fails

1
Vote
Posted by admin 4 days ago (http://www.miningmx.com)
The failure to supply R422m to Atlatsa Resources' Bokoni Mines had put the sustainability of the company at risk and triggered urgent refinancing discussions.

Read More | Discuss  Bury
 
 

Glencore resolves to cut up to 700 at Optimum

1
Vote
Posted by admin 4 days ago (http://www.miningmx.com)
Glencore said between 600 to 700 workers would be retrenched at Optimum Coal Mines although Eskom's Hendrina power station would still be supplied.

Read More | Discuss  Bury
 
 

Glencore resolves to cut up to 700 at Optimum

1
Vote
Posted by admin 4 days ago (http://www.miningmx.com)
Glencore said between 600 to 700 workers would be retrenched at Optimum Coal Mines although Eskom's Hendrina power station would still be supplied.

Read More | Discuss  Bury
 
 
Submit Press Release
 
Submit RSS Feeds
 

Subcribe or Follow AfricaNewswire.Net

 
Buzz
Buzz
Twitter
Twitter
Facebook
Facebook
RSS
RSS
Email
Email
Share/Bookmark