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Ghana targets $16 billion in oil revenues despite declining production
Ghana aims to secure $16 billion in oil revenues over ten years, but the continued drop in production raises doubts about the sector’s long-term stability.
Senegal signs strategic agreement with two Canadian geo-energy companies
A three-year partnership has been signed between Senegal and two Quebec-based companies to develop the country’s geoscientific capacity and structure its energy sector through technological innovation.

Jihadist blockade in Mali disrupts fuel supply and electricity production

Prolonged attacks on fuel convoys have depleted stocks, destabilised power generation and disrupted economic activity in Bamako and surrounding regions.
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Jihadist blockade disrupts fuel supply across Mali
Fuel shortages now affect Bamako, struck in turn by a jihadist blockade targeting petroleum flows from Ivorian and Senegalese ports, severely disrupting national logistics.
Senegal plans second refinery with 5.5 mn tonnes annual capacity
Senegal aims to double its oil refining capacity with a project estimated between $2bn and $5bn, as domestic demand exceeds current output.

Axian investit $670mn dans un projet hydroélectrique stratégique à Madagascar

Le groupe Axian renforce son portefeuille énergétique avec le projet de barrage de Volobe à Madagascar, une initiative estimée à $670mn visant à étendre l’accès à l’électricité dans un pays en proie à de fortes tensions sociales.
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Sub-Saharan Africa LNG exports expected to triple by 2034
Liquefied natural gas exports in sub-Saharan Africa will reach 98 bcm by 2034, driven by Nigeria, Mozambique, and the entry of new regional producers.
Togolese ZIH Acquires Petrogal GB with Structured Financing from Ecobank
Zener International Holding takes over Petrogal’s assets in Guinea-Bissau, backed by a $24 million structured financing deal arranged with support from Ecobank and the West African Development Bank.

Karpowership and Seatrium Partner to Deploy Floating LNG Power Plants

Karpowership and Seatrium formalize a strategic partnership to convert floating LNG units, strengthening their joint offering in emerging mobile electricity markets.
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Gutami Holding signs 150 MW solar deal with storage in Burkina Faso
Dutch firm Gutami Holding has signed a 25-year agreement with Burkina Faso and national utility SONABEL for a 150 MW solar project with 50 MW storage, valued at over €100mn ($109mn).
Rio Tinto: five strategic priorities to close a 40% valuation discount
Rio Tinto’s new CEO inherits a significant stock market discount and will need to overcome major regulatory, operational, and financial hurdles to swiftly restore the company's appeal to international investors, according to a Wood Mackenzie analysis.

Sierra Leone launches extensive offshore oil exploration with 60 potential blocks

Sierra Leone relaunches an ambitious offshore exploration campaign, using a 3D seismic survey to evaluate up to 60 potential oil blocks before opening a new licensing round as early as next October.
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Petronas cuts 5,000 jobs and exposes contradictions in its African operations
Petronas' workforce reduction reignites questions about internal trade-offs, as the group maintains its commitments in Asia while leaving uncertainty over its operations in Africa.
Woodside initiates 65 millions USD arbitration procedure against Senegal
Australian company Woodside Energy has filed a complaint with ICSID against Senegal, challenging a CFA40bn tax reassessment related to the offshore Sangomar oil project.

Axian Energy begins construction of 60 MW solar power plant in Senegal

Axian Energy has launched work on the NEA Kolda solar plant, equipped with a 72 MWh storage system, for a total investment of €105mn ($113.6mn).
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Guinea-Bissau connects to the sub-regional power grid to strengthen its supply
Guinea-Bissau has completed its connection to the sub-regional power grid linking Senegal, The Gambia and Guinea, thereby improving the stability of its capital's electricity supply.
Woodside announces stable production in Q1 2025 despite weather impacts
Woodside Energy recorded stable production and revenues of 3,315 million USD in Q1 2025, with a notable increase in production at Sangomar, but a slight decline due to weather impacts at other sites.

Voltalia and Entech to build 90 MWh solar power plant with storage in Senegal

AXIAN Energy has entrusted Voltalia and Entech with the development of a 60 MW solar plant combined with 90 MWh storage in the Kolda region, scheduled to be operational by 2026.
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bp successfully loads first LNG cargo from Greater Tortue Ahmeyim project
bp has safely loaded the first liquefied natural gas (LNG) cargo from the Greater Tortue Ahmeyim (GTA) Phase 1 project, marking Mauritania and Senegal’s entry into the global LNG export market.
BP announces the end of a gas leak at the Grand Tortue Ahmeyim site
BP has confirmed the cessation of a gas leak at the offshore Grand Tortue Ahmeyim field, located between Senegal and Mauritania. The incident, identified on 19 February at one of the site’s wells, required technical interventions to restore the integrity of the installations.
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Ghana targets $16 billion in oil revenues despite declining production
CPV secures $1.1bn funding for 1,350 MW gas-fired power plant in Texas
Dominion Energy raises third-quarter 2025 earnings guidance on stronger results
OPES Solar Mobility opens a solar panel factory for vehicles in Germany
US nuclear regulator recommends construction permit for Kemmerer Unit 1
Diamond Offshore posts solid Q2 2024 performance despite challenges
Diamond Offshore achieves adjusted EBITDA of USD 58 million in Q2 2024, despite lower revenues and repair costs for the Ocean GreatWhite
Diamond Offshore résultats financiers T2
First barrels of Senegalese oil on their way to Europe
The first shipments of Senegalese crude oil from the Sangomar project are on their way to refineries in the Netherlands and Germany, marking a new era for the Senegalese economy.
Pétrole sénégalais vers Europe

Senegal: First load of crude oil at Sangomar

Senegal loads its first crude oil cargo at Sangomar, marking a crucial stage in its energy and economic development, with production of 100,000 barrels a day.
Chargement inaugural brut Sangomar
Guinea-Bissau launches large-scale solar projects with IDA support
Guinea-Bissau integrates solar energy into its energy mix thanks to IDA financing. The project aims to reduce electricity costs and improve access to energy.
Guinée-Bissau solaire électricité
Senegal: Woodside Energy begins development of Sangomar oil field
Senegal joins the ranks of hydrocarbon producers, reaching a historic milestone with the start of oil extraction from the Sangomar offshore field.
Pétrole offshore Sénégal Woodside Sangomar

Senegal: a 100% electric bus network goes into service in Dakar

Dakar inaugurates its 100% electric bus network, a first in Africa, promising a radical transformation of urban mobility.
Projet de bus 100% électrique à Dakar.
Mauritania-Senegal natural gas project: a key milestone reached
The arrival of a floating unit marks a major turning point for the natural gas project between Mauritania and Senegal.
Avancée majeure pour le gaz Mauritanie-Sénégal
Senegal: Risky renegotiation of hydrocarbon contracts
Senegal's new government plans to renegotiate hydrocarbon contracts to better serve its population, a risky gamble.
Sénégal contrats hydrocarbures

Africa’s energy transition: Gas takes over from oil

Africa, historically known for its oil resources, is now turning its energy sector towards natural gas.
Afrique transition pétrole à gaz
Guinea: Waves of dismissals in the face of the energy crisis
A series of power cuts in Guinea led to the dismissal of the heads of Electricité de Guinée (EDG) and Société Nationale des Pétroles (Sonap), against a backdrop of growing social tensions.
Limogeages Guinée crise énergétique
Guinean Economy Paralyzed Following Fuel Depot Fire
Ten days after the devastating fire at Conakry's main fuel depot, Guinea faces a major economic stalemate, exacerbating the anger and despair of its population.

Guinea: Controlled resumption of petrol distribution

After the devastating explosion at Conakry's main fuel depot, the Guinean government has announced the rationed resumption of petrol distribution, a crucial decision to ease economic paralysis and social tensions.
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For Africa, Mobilization in Casablanca
For sub-Saharan Africa, guests from Morocco's business and diplomatic communities are meeting in Casablanca.
Kerry Defends U.S. Climate Action
Special Climate Envoy John Kerry speaks to African leaders about U.S. climate action.

Senegal wants to exploit its gas

Several large-scale projects are underway in Senegal, which is planning a major expansion of its gas sector.
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