In a bid to support the bottom line of state-owned oil producer Société Nationale d’Opérations Pétrolière de la Côte d’Ivoire (Petroci), the government decided to implement a financial and operational restructuring plan in 2015. A few years on and the strategy is bearing fruit, with Petroci set to post its third consecutive year of profits in...
As Côte d’Ivoire seeks to increase its power generation capacity to 6000 MW by the year 2030, the country is also aiming to diversify its energy mix, which at present is exclusively comprised of hydroelectric and thermal sources. To meet its 2015 commitment made at the COP21 UN Conference on Climate Change in Paris to reduce greenhouse gas...
Although the world remains largely dependent upon fossil fuels for power generation, a gradual transition towards renewable sources has been taking place since the 1990s, underpinned by multilateral deals such as the Kyoto Protocol, the Doha Amendment and, more recently, the Paris Agreement. Investment and development in renewable technologies...
Strong economic growth in recent years has driven demand for energy by Côte d’Ivoire’s businesses and residents, leading the country to make substantial efforts to increase its generation capacity, upgrade ageing infrastructure and expand the electricity network. These developments have translated into increased investment from private...
As oil output declines and fields mature, state-owned Sonatrach is relying more on Algeria’s extensive gas reserves to maintain exports while meeting growing domestic demand, with gas the focus of its SH2030 Leading the Change transformation strategy. There are two unconventional and offshore exploration wells planned for 2019, seven for 2020...
Despite being a major oil producer, Algeria is a net fuel importer and is thus in the paradoxical position of being rich in hydrocarbons but lacking in refined products. It is currently in the process of developing its refining operations in order to satisfy domestic fuel demand, which has grown steadily since the 2000s.
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