This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
Category: Energy
Egypt to increase green investment to 30 per cent in current budget
The Egyptian government is set to dedicate 30% of the new budget for green investments, as compared to 15% in FY 2021/2022, minister of Finance ... Read More
Fearing Russian retribution, Algeria backpedals on gas supply promise to Europe
CEO of Algeria’s oil and gas company Sonatrach Toufiq Hakkar said on Feb 27 his country was ready to tap the potential of a 10 ... Read More
Gas exploration: British firm Chariot wins a new license for the Rissana offshore zone
The Rissana offshore zone, located in the immediate vicinity of that of Lixus, off Larache, where large gas reserves were discovered last January, has been ... Read More
Europe should back Moroccan-Nigerian gas pipeline to reduce dependence on Russia
The outbreak of war in Ukraine has put Europe’s energy security under a new test as Germany halted the Nord Stream 2 Baltic Sea gas ... Read More
Tunisia to benefit from AfDB program to promote investment in decentralized renewable energy
Tunisia will benefit from the African Development Bank’s (AfDB) Leveraging Energy Access Finance Framework (LEAF) program to promote investment in decentralized renewable energy backed by ... Read More
EBRD provides €50 Mln to two Moroccan banks to support Morocco’s green transition
The European Bank for Reconstruction and Development has approved loans totaling €50 million to two Moroccan banks, namely “Crédit du Maroc” and “Société Générale Maroc” ... Read More
Morocco, Finland poised to strengthen cooperation in energy sectors
Morocco and Finland have signed an agreement meant to foster their cooperation in the energy sector. The document was signed during a virtual meeting between ... Read More
EU to invest €1.6 billion in Morocco as part of its Global Gateway strategy
The European Union will invest €1.6 billion in Morocco to promote the green and digital transition. This investment is part of the new European strategy, ... Read More
Moroccan energy minister confirms plan to reserve flow of Maghreb-Europe pipeline
Moroccan energy minister Leila Benali has confirmed news reported last year that the country will reverse the flow of a pipeline that used to channel ... Read More
Britain’s Xlinks tenders for technical study on undersea cable link with Morocco
British energy start-up Xlinks has tendered for a geophysical and geotechnical study on the route to be taken by a 3,800 Km-long undersea electricity cable ... Read More