
Cameroon Acquires 15% Stake in Bitumen, Oil Refinery Plant
All Bitumen Cameroon has signed an agreement with the Cameroonian government to develop an integrated bitumen production and oil refinery plant, with the government acquiring a 15% stake.
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All Bitumen Cameroon has signed an agreement with the Cameroonian government to develop an integrated bitumen production and oil refinery plant, with the government acquiring a 15% stake.
The acquisition will allow Canyon Resources to optimize logistics support for the Minim Martap bauxite mine in Cameroon.
Oriole Resource partnered with BCM International to fund and expedite the development of Bibemi Mine in Cameroon.
The National Mining Corporation of Cameroon speaks to Energy Capital and Power about its short-term priority projects aimed at expanding the West African country’s mining sector.
The award positions Wood as the leading contractor for the $800 million development, one of Cameroon’s first mining projects.
The Minim Martap Bauxite Mine holds an estimated 6.4 million tons of bauxite in reserves.
The deals cover a 25% stake in Namibia’s PEL 96 and a 42.5% interest in Cameroon’s Thali license.
Dangote Refinery’s first Premium Motor Spirit export to Cameroon marks a new step in regional energy trade.
A proposed $15 million funding package for the Thali permit, operated by Tower Resources in Cameroon, could transform upstream investment by offering a risk-sharing, flexible financing model – an approach set to be explored further at the Invest in African Energy Forum in Paris next May.
Proposed projects will encompass solar, wind, hydro, biomass and battery storage solutions.