December 20, 2022Geoffrey Kerecha
North Sea Watchdog Hits Three Oil and Gas Firms With £265,000 Fines
(Image source: Cityam.com) By: Nicholas Earl A trio of oil and gas operators have been hit with a massive six-figure fine, as the UK’s North Sea watchdog aims to enforce net zero and reach Government-backed security of supply requirements. The North Sea Transition Authority (NSTA) has fined EnQuest, Equinor and Spirit Agency a total of...
December 20, 2022Geoffrey Kerecha
Brazil Auctions Four of 11 Oil and Gas Blocks on Offer
(Image source: splash247.com) By: Katherine Si Through the first cycle of its permanent production sharing offer (OPP), held on December 16 by Brazil’s National Agency for Petroleum, Natural Gas and Biofuels (ANP), four blocks of 11 on offer were auctioned, generating R$916.3m in signature bonuses. Auction winners were those companies that offered the Government of...
December 20, 2022Geoffrey Kerecha
Kenyan Firms to Wait Longer for Renewal of Mining Permits
A titanium mining field in Kwale County, Kenya. Kenya’s mining portfolio may lie dormant from next month as firms wait to renew licences. PHOTO | FILE | NMG By: Anthony Kitimo Kenya’s mining portfolio may lie dormant from next month as firms wait to renew licences, seven years after former Mining Cabinet Secretary Najib Balala...
December 20, 2022Geoffrey Kerecha
Crunch Time for Giant Copper Mine as Panama Readies Halt Order
The Cobre Panama mine. (Image Source: Mining Weekly) By: Reuters Panama probably will move forward this week with an order to cease operations at a giant copper mine unless its Canadian operator agrees to new tax terms, according to a lawyer hired by the government. In an announcement that sent ripples across the mining industry and the copper market, Panama’s cabinet last...
December 20, 2022Geoffrey Kerecha
Uzbekistan Starts Shipping Copper to Europe, Bypassing Russia
Image of the Muruntau Mine in Uzbekistan, the 2nd largest gold mine in the world. (Image source: Mining.com) By: Mukhammadsharif Mamatkulov and Olzhas Auyezov Uzbekistan has for the first time sent a train loaded with copper to Europe via a new route bypassing Russia, state-owned Uzbekistan Railways said on Monday, as part of the Central...
December 20, 2022Geoffrey Kerecha
Nigeria Launches Online Mining Cadastre System
The country’s new digital cadastre system will promote efficiency, and transparency and will be accessible to investors throughout the world. (Image source: Geospatial World) By: Meenal Dhande The Nigeria Mining Cadastre Office (MCO) has launched a new Online Mining Cadastre System based on GAF’s eMC+ framework. The new system will connect the six newly-established zonal offices in...
December 20, 2022Geoffrey Kerecha
Climate Crisis Looms Large at US-Africa Leaders Summit
President of the Democratic Republic of the Congo Félix Tshisekedi speaks during the Climate Session during the U.S.-Africa Leaders Summit at the Walter E. Washington Convention Center in, D.C. Dec. 13. (Scott Taetsch/U.S. Department of State) By: Kayla Benjamin President Felix Tshisekedi, of the Democratic Republic of Congo (DRC), delivered opening remarks at the U.S.-Africa...
December 20, 2022Geoffrey Kerecha
Kenya Poised to be Petroleum Giant — CS Chirchir
EPRA director general Daniel Kiptoo with Energy CS David Chirchir at Energy and Petroleum Regulatory Authority offices in Upper Hill, Nairobi on Nov 21 /Handout By: Onyango Ochieng’ New Energy CS Davis Chirchir has said Kenya is poised to be the the region’s next petroleum giant following heavy investments. Chirchir said construction of the Sh40...
December 14, 2022Geoffrey Kerecha
Forcefully Renegotiate Existing Mining Contracts to Benefit Ghana … GMWU Urges Govt
Mr. Gbana. (Image source: Ghanian Times) By: Kingsley Asare The government must increase its stake in the mining industry and forcefully renegotiate existing and future contracts for the benefit of the country, the Ghana Mine Workers’ Union (GWMU) has said. That, the Union said would help the country to retain greater value of the industry...
December 14, 2022Geoffrey Kerecha
Colombia Signs Agreement to Establish a National Mining Company
Colombia. Stock image. By: Oliver Griffin Colombian government organizations on Monday signed a memorandum of understanding during a joint press conference in capital Bogota to create a national mining company out of assets seized from illegal groups, to tackle mining-related pollution and help small-scale miners. The government of Colombian President Gustavo Petro – the first...
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