This was announced by the latest report from the National Commission for the Extractive Industries and Transparency Initiative on January 7. Revenues stood at 120 billion MRO (3 billion euros) in 2020 and 200 billion (5 billion euros) in 2021, according to the report. The presentation attended by Prime Minister Mohamed...

The Anglo-Dutch company Shell has just bought the Nigerian renewable energy supplier Daystar Power, it was announced energy supplier Daystar Power, it was announced on 28 September. This is the firstacquisition of its kind in the African power sector, to reduce its dependence on fossil fuels.Daystar is a provider of...

TotalEnergies, operator (40%) of Block OML 99 in partnership with the Nigerian National Petroleum Corporation (NNPC, 60%), has announced the start of production from the Ikike field in Nigeria. Its production will peak at 50,000 barrels of oil equivalent per day by the end of 2022....

Beginning in 2014, a series of explorations along the coast revealed an untapped supply of petroleum resources likely vast enough to attract the attention of international energy companies. By NJ Ayuk* In January 2019, Senegal made reasonable adjustments to its Petroleum Code to reflect the renewed optimism surrounding the country’s...

Le groupe pétrolier Total a annoncé qu'il prévoyait de commencer à commercialiser le pétrole produit par ses champs en Ouganda d'ici au début de 2025....

L'Ouganda va conclure dimanche la décision finale d'investissement (FID) tant attendue avec les compagnies pétrolières internationales Total E&P et CNOOC, a rapporté vendredi le journal gouvernemental The New Vision. Cette décision permettra de débloquer des milliards de dollars d'investissements dans le secteur pétrolier et gazier ougandais. Le directeur général de...

Despite Gabon's Opec + crude production quota set at 155,000 b / d in February, the country's exports will peak at 210,000 b / d against 153,000 b / d expected for January....

In Algeria, the constitutional referendum, organized last November and marked by a large boycott, revealed the gap between the government and the society. A failure, questioning the results of the hirak while the Algerian economy is facing its eternal problem: diversification. A little hope remains: entrepreneurship and digital development could...

Following the global pandemic that has made a negative impact in Africa’s oil and gas industry, the Ugandan government has officially announced that the Final Investment Decision for the East Africa Crudeoil Pipeline (EACOP) project will be signed off during the first quarter of 2021. Regarding this development, Hon. Mary...

L'économie du Nigeria, premier producteur pétrolier du continent africain, s'est contractée de 6,1% au deuxième trimestre 2020 par rapport à l'année précédente, a annoncé le Bureau national des statistiques (NBS), en raison de l'épidémie de Covid-19 mais aussi de la chute des cours du pétrole. «Le PIB du deuxième trimestre...