Energy
VOG raises over XAF4 bln for the development of the Matanda block
British oil firm Victoria Oil & Gas (VOG), the parent company of Gaz du Cameroun (GDC), announces that it recently raised $7.5 million...
Cameroonians reluctant to accept the second dose of Covid-19 vaccine
National Social Insurance Fund currently has XAF850 bln worth of assets, CEO Mekulu Mvondo says
Covid-19: World Bank grants Cameroon XAF54 bln to support its “efforts”
Cameroon eyes local green gas production
On June 11, 2021, Minister of Economy Alamine Ousmane Mey and executives of the Australian firm Fortescue Future Industries Ltd signed a framework...
Cameroon generated XAF121.6 bln of oil revenues in Jan-Apr 2021 (BEAC)
Cameroon generated XAF121.68 billion of net profit from the sales of crude oil between January and April 2021, according to the national oil and gas...
Cameroon to pre-fund the electricity connection of 6,000 households in the east
The State of Cameroon will pre-fund the electricity connection of 6,000 households in the Eastern region, Minister of Water and Energy (MINEE) Eloundou...
Electric utility ENEO settles commercial dispute with Gaz du Cameroun with a XAF2.7 bln settlement
Last June 4, Victoria Oil & Gas (VOG) announced that its subsidiary Gaz du Cameroun received a XAF2.7 billion payment as settlement for the commercial...
38% of new clients that entered ENEO’s portfolio are from the rural zones (official)
In Q1-2021, electric utility ENEO added 39,298 new clients to its portfolio, according to information the company published in its recent quarterly...
Cameroon: Towards the electrification of 105 villages in the North and Far North
On May 25, 2021, in Kong-Kong (Northern Cameroon), the Electricity Development Corporation (EDC)’s executives proceeded to the temporary acceptance of the...
Cameroon: Oil products’ transporter COTOC boosts offer with the acquisition of 10 new tank cars
Oil products transporter Continental Oil Transportation Operating Citernes (COTOC) and its partner Ikram Logistics recently welcomed ten (10) tank cars...
National oil deposit plant SCDP to build a 2nd gas filling plant in the Eastern region
From May 17 to 22, 2021, the Cameroonian Ministry of Environment and Nature Protection organized public hearings in Ndoumbi 1, in the Eastern region, in...
Cameroon: ENEO ordered to reduce daytime energy rationings from 5 to 2 hours
On May 10, the Minister of Water and Energy (MINEE) Gaston Eloundou Essomba sent a letter to ENEO’s CEO Eric Mansuy instructing the electric utility to...
Watchdog ARSEL praises ENEO’s adjustments of its energy fraud management process
Electricity watchdog ARSEL has praised electric utility ENEO for the various adjustments it made after the April 13, 2021, warnings, sources close to the...
Tradex seeks a partner for the supply of 56,000 gas cylinders
The state-owned oil operator Tradex recently issued an international call for tenders for the supply, within five months, of 56,000 12.5 kg gas...
Cameroon presents its 2020-2030 electricity development strategy to Korean investors
On May 5, 2021, the 10th edition of the Cameroon-South Korea Economic and Energy Forum was held in Yaoundé. According to Jongham Kim, South Korea’s...
China Gezhouba Group commissioned to build the 600MW Chollet hydroelectric dam
Chinese construction and engineering company China Gezhouba Group has been commissioned to carry out the studies, construction of the 600MW Chollet...
Electric utility Eneo creates a subsidiary dedicated to electricity generation
Electric utility Eneo announces that it recently initiated procedures for the creation of a subsidiary dedicated to energy production in Cameroon....
National Veterinary Laboratory Lanavet gears up for its solar energy transition
The National Veterinary Laboratory (Lanavet) in charge of the production of veterinary products will soon be equipped with a solar energy system,...
225KV Nachtigal-Nyom II electricity transport line to be delivered in Jul 2021
The 225KV transport line between the 420MW Nachtigal dam and Nyom II will be delivered in July 2021. The information was revealed by Justin Ntsama,...
ENEO ends long-standing dispute with GDC with XAF2.7 bln settlement agreement
In a notice published yesterday, April 19, Victoria Oil & Gas (VOG), announces that a settlement agreement was reached with electric utility ENEO...
Cameroon: The National Assembly calls on the government about the repeated power outages
Electric utility ENEO and electricity transport company SONATREL should be held liable for the numerous power outages being experienced in the country...
Electricity regulator ARSEL warns ENEO for various shortcomings and regulatory violations
Last April 13, Electricity Sector Regulatory Agency (ARSEL) issued a warning to electric utility ENEO for its "numerous shortcomings." "During the joint...
Cameroon: ENEO has installed about 100,000 prepaid meters to address various challenges
Electric utility ENEO has already installed 100,000 prepaid meters in the framework of its policy to modernize the metering equipment. The figure was...
Akeno SA introduces transparent gas cylinders in the Cameroonian market
Cameroonian company Akeno S.A. recently introduced transparent gas cylinders into the Yaoundé market. With the innovative cylinders, buyers can just look...
Cameroon extends British Tower Resources’ license on Thali Block
On March 31, 2021, British oil and gas company Tower Resources officially announced that the Cameroonian government had agreed to extend its license on...
Cameroon: Sonatrel warns saboteurs who vandalize its equipment
On the evening of March 24, 2021, electricity was restored in most of Yaoundé's neighborhoods that were in the dark for about two days because of an...
Cameroon: The USTDA to invest XAF518 mln for feasibility studies of a solar mini-grid project
On March 24, 2021, the U.S. Trade and Development Agency (USTDA) announced that it would provide $932,945 (XAF518.3 million) to fund...
Yaoundé: Economic activities gradually resume after a 48-hour power outage
Until late in the night of March 24, 2021, many Yaoundé neighborhoods were still without electricity due to the serious incidents that occurred...
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