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Trump Hints At U.S.-Japan LNG Joint Venture
As U.S. President Donald Trump touted “the largest trade deal in history” with Japan, he also noted that the United States and Japan are set to conclude another deal to form a joint venture for LNG in Alaska.
“We concluded the one deal … and now we’re going to conclude another one because they’re forming a joint venture with us at, in Alaska, as you know, for the LNG,” President Trump said in comments on the deal to GOP lawmakers at the White House. “They’re all set to make that deal now,” the president added. The U.S. has completed what President Trump touted on Truth Social as “a massive Deal with Japan, perhaps the largest Deal ever made.” Under the trade agreement, Japan’s goods imported in the United States will face a 15% tariff, lower than the 24% proposed in early April and the 25% tariff President Trump proposed earlier this month with effect from August 1. The trade deal now calls for a 15% tariff on Japanese goods imported in the United States. However, President Trump’s additional remarks and assurances that the U.S. and Japan will conclude a joint venture deal for LNG in Alaska was not immediately confirmed by Japan. A Japanese government official at the Ministry of Economy, Trade and Industry (METI) told Reuters that the ministry is working to confirm President Trump’s comments. Japanese companies have been considering investments in the $44-billion Alaska LNG project, but so far they have appeared to be concerned that the costs may be too high, considering the cold weather in Alaska and the scale of the pipelines needed to bring the project on stream. Last week, reports emerged that India’s state-controlled natural gas firm GAIL (India) Ltd has started discussions about buying liquefied natural gas from the proposed Alaska LNG project. Energy companies are ready to commit to buying $115 billion worth of LNG from Alaska once President Trump’s pet energy project gets done, the company in charge of the project, Glenfarne, said last month, noting that as many as 50 companies have expressed formal interest. Source: Oilprice.comGhana: Tema Oil Refinery Gets New Board
“Your foremost duty is to get TOR back on stream,” the minister emphasised.
“You must implement bold and strategic actions to return the refinery to profitability. TOR is not just another company; it is a vital national asset,” he added.
The newly appointed Board Chairman, Hon. Nayon Bilijo, expressed appreciation to the President for the confidence reposed in them.
Speaking on behalf of his colleagues, he pledged the commitment of the board to restoring the operations of the refinery in line with government policy and national energy needs.
“We are honoured by this appointment and understand the enormity of the task ahead. We will work with urgency and dedication to revive TOR and make it a viable and efficient institution once more,” he assured Ghanaians.
The board is expected to quickly develop and submit a comprehensive roadmap that addresses the operational challenges of the refinery and lays out a sustainable strategy for the future.
Even before the board assumes post, this portal knows that clean air is blowing as the new managing director is seriously working around to restore the refinery to its former glory.
“We are really happy about the progress of the work done so far. The MD is seriously working,” one of the refinery workers, who has worked in the refinery for more than twenty years, said.
During the previous administration, TOR had six managing directors. Unfortunately, the refinery’s turnaround could not materialise.
Source: https://energynewsafrica.com Uganda: EACOP Progresses As Construction Works Hit 64%
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Egypt: United Energy Signs 20MWp Hybrid Solar Deal With LONGi For Oilfield Decarbonization
This project marks North Africa’s first large-scale application of Back Contact technology with LONGi’s proprietary HPBC 2.0 cells. Back Contact refers to a solar cell design where all electrical contacts are placed on the back of the cell, improving aesthetics, reducing shading, and boosting efficiency in harsh environments.
“This project exemplifies how solar innovation can transform even the most energy-intensive industries,” said Felix Wu, Sales Director at LONGi MEA&CA, Africa.
“By combining our BC technology with hybrid systems, we are helping UEE achieve ESG goals while bolstering Egypt’s renewable leadership.”
The project integrates LONGi’s Hi-MO 9 modules with 24.43% high efficiency performance in the desert environment.
The modules also contain a battery energy storage system (BESS) and diesel generators, aiming to cut diesel use by more than 70%.
Source: https://energynewsafrica.com 

