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S/Arabia's SEC raises $3.56bn to support Egypt electricity project Saudi Electricity Company has raised about $3.56bn in financing to support the Saudi Arabia-Egypt electricity interconnection project. Covering a five-year tenor, the

Africa Power Briefs

Oil Minister, Wabote, Kyari Lead speakers at NAEC Conference Minister of state for petroleum resources, Mr. Timipre Sylva, group chief executive officer of the Nigerian National Petroleum Company (NNPC) Limited, Mallam Mele Kyari, and

Foreign Energy Tit-Bits

Saudi Aramco to Acquire Valvoline's Lubricants Business for $2.65bn In a deal expected to close in late 2022 or early 2023, Saudi Aramco has said it will acquire Kentucky-based motor oil maker Valvoline's lubricants business for $2.65