The offshore oil potential in Gabon has generated significant interest among oil companies in recent years due to the area’s geological similarities with Brazilian pre-salt layers, to the success of offshore blocks elsewhere in the Gulf of Guinea and to indications that it may contain analogous hydrocarbons systems. The large number of companies...
Having a large hydroelectric generation base is a boon to Gabon, giving it low-cost renewable energy. It is hydrocarbons, however, that continue to power most of the country’s plants. According to the most recent statistics available from the US Energy Information Administration (EIA), from 2011, non-renewable thermal energy sources top hydroelectricity, which produced...
As a net importer of energy, Morocco is faced with the challenging proposition of satisfying rising local demand while keeping its import bill in check. This has proven problematic as consumption figures and global commodity prices have risen, putting particular pressure on the government’s balance sheet, which has for the better part of two decades help fund generous fuel...
Since the announcement of the 2020 Energy Strategy five years ago, followed by the introduction of the 2010 Renewable Energy Law, Morocco has seen a significant increase in interest in clean energy, with the biggest developments in solar and wind, both of which are planned to contribute 14% each (or 2000 MW) to the country’s installed capacity...
Although exploration activity in Morocco’s offshore basin has thus far not produced commercial discoveries, a number of oil players have increased their presence in recent times. According to the country’s national oil company, the Office National des Hydrocarbures et des Mines (ONHYM), a total of 27 wells are planned for 2014, of which at...
Vast mineral resources have served as a primary driver of Ghanaian economic growth in recent decades, and 2012 was another banner year for the mining industry. Known in colonial times as “the Gold Coast”, Ghana was the world’s eighth-largest producer of gold in 2012. At the same time, production of bauxite, a key aluminium property, increased, while...
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