A recently concluded meeting between Egypt’s president, some government officials and delegates from the British Petroleum on an extraction project of natural gas from a deep water deposit in the Mediterranean basin at a depth of 7,700 meters calls for an investment of billions of dollars. 11 billion dollars will be invested by BP in […]
South Africa, the 14th largest carbon emitter in the World, has so far failed to match words with action as far as cutting carbon emissions is concerned, as it continues to heavily rely on coal amid slow implementation of renewable energy projects, an independent report said. The report, commissioned by the South African presidency, found […]
Morocco’s trade deficit in the first seven months this year eased by 18.2% as foreign demand on Moroccan industrial exports curbs imports, the foreign exchange office said. The office also cited a significant drop in energy imports triggered by lower prices in international markets. By July, Morocco’s energy imports slid 31, while equipment purchases dropped […]
