Battered by the oil price slump, Algeria will abolish gasoline subsidies in 2019 as it continues to implement time-buying measures, including import r...
Spain Acknowledges Morocco’s Right to Offshore Gas & Oil Exploration
The Polisario and its supporters in Spain have suffered a new setback after the Spanish Foreign Minister acknowledged Morocco’s legitimate right to ex...
Morocco Signs Onshore Oil & Gas Exploration Deals with Shell & Repsol
Morocco has signed an onshore oil and gas exploration deal with Royal Dutch Shell and Spain’s Repsol covering the region of Souss Massa. The explorati...
Morocco: Investments in Oil & Gas Explorations Reach $2.8 bln
Investments in oil and gas explorations onshore and offshore Morocco since 2015 have totaled $2.8 billion (25 billion dirhams), 96% of which was paid ...
Moroccan-Portuguese Undersea Electricity Link to Cost €700 mln
The first results of the feasibility study on the undersea power grid linking Morocco and Portugal are so far promising. The inter-continental electri...
Algeria Trades Oil for Cuban Doctors
Algeria will receive more doctors from Cuba in return for suppling the communist run island with crude oil, which seeks to offset a steep decline in o...
King Reviews Morocco’s Road Map to Boost Renewable Energy
Morocco’s road map to boost its renewable energy development plans was discussed at a meeting held in Casablanca Friday under the chairmanship of King...
SDX Makes Another Gas Discovery in Morocco
UK-based SDX Energy announced a new gas discovery in its ONZ-7 development well in the Sebou permit, north-western Morocco near the Atlantic city of K...
Bill of Imported Refined Products Rises to $2.5 billion in Strikingly Oil-rich Algeria
Algerian authorities are alarmed by the rising bill of refined products, which hit $2.5 billion in 2017 up from 800 million in 2016 due to a surge in ...
Libya: BP, Shell cueing up to buy oil
British Petroleum and its sister Dutch Shell have inked deals with the Libyan National Oil Corporation (NOC) to buy ship-ments of Libyan oil, Libya He...