First Independent Mena Newspaper
The Middle East and North Africa (MENA) region has emerged as one of the fastest-growing electricity consumers since 2000, with demand tripling by 2024, according to a new report from the International Energy Agency (IEA). Rising populations, urbanization, and industrialization have fueled this surge, prompting governments to accelerate diversification of their energy mixes. The report […]
Libya’s Minister of Oil and Gas, Khalifa Abdulsadiq, has reiterated the country’s openness to strategic partnerships, particularly with European partners, as part of efforts to establish a sustainable energy business model. In a meeting with the European Union Ambassador to Libya on July 21, Nicola Orlando, Abdulsadiq emphasised that the green transition is central to […]
In a significant move, the President of Tunisia dismissed Sihem Boughdiri from her position as Finance Minister on Wednesday February 5, appointing Michkat Khaldi, a prominent judge, as her replacement. Khaldi, who took the official oath at Carthage Palace, assumes the role at a time when the country’s economic situation is dire. Boughdiri, who had […]
Senegal will conduct a comprehensive audit of the oil, gas and mining sectors, according to the newly elected President Bassirou Diomaye Faye, who, however, also thought to reassure jittery investors they were welcome in the country. The audit is one of the first policy moves announced by the 44-year-old former tax inspector who stated that […]
Only hours after being sworn in as Senegal’s president on Tuesday (2 April), Bassirou Diomaye Faye named popular opposition figure Ousmane Sonko as the nation’s prime minister. At 44, former tax inspector Bassirou Diomaye Faye is Senegal’s youngest president ever elected. During his campaign, he vowed to fight corruption, promised to renegotiate oil, gas and […]
UK Company Chariot has decided to conduct a strategic review of its “Transitional Power” division which is present in South Africa, providing sustainable power and water solutions in renewable energy generation and electricity trading. Since 2020, Chariot has built a transitional energy group spanning natural gas, renewables, and green hydrogen. As these divisions have grown, […]
Senegal joins other African countries like Nigeria or Namibia that have struggled to manage their oil and gas resources discovered in recent years for the real benefit of the people, including by improving the energy situation at home. The oil and gas finds in Africa have rarely lived up to their promise, often doing more […]
French energy giant TotalEnergies has unveiled a $6 billion investment plan spread across several years in Nigeria, just as the West African country is looking to cut down on red tape hindering investment in its oil and gas sector. Through this announcement, TotalEnergies has reiterated its commitment to investing in Nigeria’s oil and energy sector, […]
SDX Energy Company unveiled on Monday a new strategy focusing on its growing operations in Morocco becoming a strategic regional player in the energy transition. In its new roadmap, SDX said it has decided to divest its Egyptian assets and move away from a pure oil & gas business into an integrated, hybrid energy-provider in […]
British Petroleum (BP), an oil and gas global giant, announced Monday August 28 plans to inject $3.5 billion in Egypt for the next three years. BP’s chief executive Bernard Looney made the announcement after meeting with President Abdelfattah al-Sisi. The investments will go towards research, exploration and development, the office of the Egyptian leader announced. […]