African & Caribbean Energy Network

African & Caribbean Energy Network

5/29/2025, 3:56:23 PM

Shell to buy TotalEnergies’ stake in Nigeria’s Bonga offshore field for $510 million British oil giant, Shell Plc, has agreed to purchase TotalEnergies’ 12.5% stake in Nigeria’s Bonga oilfield for $510 million, a strategic move that increases its interest in the country’s deep-water sector. This was announced in a news release from Shell today seen by Energy in Africa. The acquisition will increase Shell’s ownership in the field to 67.5% from 55%, reinforcing its stake in the OML 118 Production Sharing Contract (OML 118 PSC), an oil mining lease offshore Nigeria that includes the Bonga field. The agreement comes as Shell seeks to grow its combined integrated gas and upstream total production by 1% annually through 2030. . . . #EnrrgyinAfrica #Shell #TotalEnergies #Bonga #offshore #Nigeria #Energy #Africa

African & Caribbean Energy Network

5/29/2025, 2:43:45 AM

Germany is now farming electricity. Literally. Engineers and scientists at Fraunhofer ISE are teaming up with VOEN Vöhringer GmbH to take solar energy to the next level, by mounting solar panels right above crops. It’s called agrivoltaics, and it's kind of genius. In one pilot site in Fronreute, cherry orchards now sit under elevated solar canopies that generate up to 420 kilowatts per hectare while keeping the fruit cool, protected from UV rays, hail, and heavy rain. The best part is that the shade helps reduce irrigation, improves crop quality, and uses existing greenhouse setups, saving big on construction and emissions. Smart software ensures both crops and energy production thrive without stepping on each other's toes. Early results show yields are just as good, if not better. This dual-harvest approach is catching on fast across Europe and Asia, with Germany and Japan leading the charge.

African & Caribbean Energy Network

5/29/2025, 10:43:12 PM

The Caribbean Sustainable Energy Conference is fast approaching. Join us to hear from expert speakers and network with other professionals in the area of sustainable energy. The conference will be attended by representatives from industry including executives from major upstream and downstream companies, renewable energy developers, electricity generation companies and representatives from the government and academia. Register now to secure your in person seat or to attend virtually. To learn more about the agenda and to register, click the link below: Conference website: https://tt-energy-conference.com/ Agenda: https://tt-energy-conference.com/agenda Industry Tour: https://tt-energy-conference.com/industry-tour

African & Caribbean Energy Network

5/29/2025, 7:00:59 PM

People often think that CO2 is the only greenhouse gas (GHG) which contributes to global warming and climate change. However, there are other important GHGs such as methane (CH4) and nitrous oxide (N2O) which are also tracked under global climate agreements and which countries report under their international obligations under the Paris climate agreement. In addition to CO2 emissions, Trinidad & Tobago also emits significant volumes of methane and small volumes of nitrous oxide. Methane in T&T comes from a number of sources including the energy sector, waste sector and the agricultural sector. https://energynow.tt/blog/methane-emissions-in-tampt #energynews #energynow #energychamber #methane #co2 #emissions #cbam

African & Caribbean Energy Network

5/28/2025, 8:15:19 PM

This week, a private arbitration panel in London began hearing the arguments of U.S. supermajors ExxonMobil and Chevron regarding their rights to one of the world's most lucrative oil projects. https://oilprice.com/Energy/Crude-Oil/US-Oil-Giants-Fight-Over-Guyanas-11-Billion-Barrel-Treasure-Trove.html

African & Caribbean Energy Network

5/29/2025, 10:18:16 PM

Trinidad and Tobago (bpTT) has announced that the Mento development has safely delivered first gas through connection of the initial discovery well and the drilling campaign for the remaining seven gross wells on the platform will now begin. Mento is a 50/50 joint venture between EOG Resources Trinidad Ltd (EOG) and bpTT, with EOG as the operator. The development features a 12-slot, attended facility that is located in acreage jointly licensed by bpTT and EOG off Trinidad’s southeast coast. Read more here: https://energynow.tt/blog/bptt-announces-mento-first-gas #bp #eog #energynews #energynow #energytransition #mento #naturalgas #offshore #energytransition

African & Caribbean Energy Network

5/31/2025, 4:47:12 PM

We are on a mission to end *Energy Poverty* for 1 million people throughout Africa and the Caribbean by 2035

African & Caribbean Energy Network

5/31/2025, 2:24:12 AM

Guyana 🇬🇾 Guyana’s Parliament approved the Supplementary Appropriation Bill #1 for 2025, following scrutiny from Opposition members. A key highlight was the discussion around the Gas-to-Energy Project, with the Prime Minister announcing a revised completion target of Q2 2026.  Key Takeaways: ✅ Bill Approved – Government secures funding for critical initiatives.   ✅ Gas-to-Energy Project Update – Deadline extended to mid-2026, emphasizing cautious planning.   ✅ Opposition Scrutiny – Opposition pressed for transparency on project timelines, stressing its importance for power transmission to the Corentyne region.  The project remains pivotal for reducing energy costs and boosting sustainable growth.  https://www.stabroeknews.com/2025/05/24/news/guyana/gas-to-energy-project-completion-now-set-for-end-of-2nd-quarter-2026-pm/ #EnergyTransition #GasToEnergy #Infrastructure #Parliament #EconomicDevelopment

African & Caribbean Energy Network

5/28/2025, 9:47:08 PM

Embracing the “circular economy” will be Africa’s best bet at leapfrogging into the next industrial revolution as key players. For a long time, Western economies have been built on the “take, make, dispose” model, a linear system that fueled growth during and after the industrial revolution. However, as consumption soared, so did waste. Since 2016, the world has generated 2 billion tons of municipal solid waste annually, and by 2050, that figure is projected to reach 3.4 billion tons. Advanced economies, while only 16% of the global population, produce 34% of the world’s waste. Africa stands at a crossroads to redefine global economic leadership through the lens of the circular economy. By transforming its abundant renewable resources and harnessing the energy of its vibrant youth (60% under 25), Africa can become a powerhouse of sustainable innovation. Africa”s Renewable Energy Might: As of 2024, Africa’s total renewable energy capacity reached nearly 67 GW. The African Union aims for 300 GW by 2030, more than quadrupling current levels. Africa holds 60% of the world’s best solar resources. In 2024, the continent added 2.5 GW of solar, bringing the total to 19.2 GW, with 23 GW more projected over the next four years. Current installed wind capacity stands at 9 GW, with 140 planned projects totaling 86 GW, almost ten times today’s capacity. Africa added 2 GW of wind in 2023, reaching 39 GW in total, but this is just 10% of its potential. In East Africa, geothermal power makes up 23% of Kenya’s installed capacity. Africa needs robust partnerships to scale investments and enable technology transfers to position Africa as the circular growth leader Franco Bonghan Co-Chair African & Caribbean Energy Network #CircularEconomy #AfricaRising #RenewableEnergy #TheTimeIsNow #SustainableDevelopment #GreenGrowth #Innovation #CleanTech #PartnershipForGrowth #NextIndustrialRevolution

African & Caribbean Energy Network

5/27/2025, 2:07:26 AM

Register to attend the Inaugural ALDG Business Forum 2025 Join CEOs, regulators, policymakers, and key stakeholders as they gather to shape the future of Nigeria's gas distribution value chain at the ALDG Business Forum organised by the *Association of Local Distributors of Gas.* Theme: Strengthening Nigeria's Gas Distribution Value Chain: Challenges, Innovations, and the Path Forward 📍 Venue: PTDF Building, Abuja 📆 Tuesday, June 3rd, 2025 🕘 Time: 9:00 AM – 3:00 PM *Participation is FREE, but registration is required.* Register here: https://tix.africa/discover/aldgbusinessforum