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Tag: oil
Senegal’s new govt to audit oil, gas, mining industries, pledging to protect investor rights
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 ... Read More
Senegal’s new president Faye vows ‘systemic change’, names firebrand opposition leader Sonko as PM
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 ... Read More
Avoiding ‘resource curse’: why Africans benefit little from big oil and gas finds
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 ... Read More
TotalEnergies unveils plan to invest $6bn in Nigeria’s energy sector
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 ... Read More
BP mulls plans to invest $3.5bn in Egypt over next three years
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. ... Read More
Africa’s top 500 companies: champions in mining, oil, construction powering ahead
'A revival with fanfare' is how the latest ranking of the most important 500 African companies drawn up by Jeune Afrique magazine might be best ... Read More
Million livelihoods in DR Congo threatened by planned oil, gas projects — Report
Planned oil and gas exploration in the eastern Democratic Republic of Congo could expose more than one million people to pollution and disease, according to ... Read More
Congo, Russia ink 5 MoU including Brazzaville’s 1,000-km pipeline
Congo and Russia have signed five memorandum of Understanding (MoU) including the construction of an oil-pipeline in the capital Brazzaville. The agreements were inked at ... Read More
Namibia’s dilemma: green energy champion or oil-producing nation
Namibia’s first 'green hydrogen' power plant — and also first one being built in Africa — which is expected to begin producing electricity in 2024, ... Read More
Central African states inked deal to create regional oil, gas pipeline network and hubs
Central African countries have signed an agreement to create a regional oil and gas pipeline network and hub infrastructures which proponents say will strengthen energy ... Read More