Libyan National Oil Corporation under pressure as Barter System ends

The Libyan National Oil Corporation (NOC) is facing growing pressure to settle its refined oil products import bills as the country’s long-standing barter system comes to an end. While fuel imports continued into Libya in March, the NOC remains unable to pay for these supplies, a situation compounded by the country’s declining oil revenues. The […]

Beirut blasts: Morocco’s King orders deployment of military field hospital

King Mohammed VI gave his high instructions to send emergency medical and humanitarian aid to Lebanon following the tragic explosion in the port of Beirut that killed over 135 people, injured some 5000, and made significant material damage. The sovereign thus gave his high instructions for the deployment in Beirut of a military field hospital […]

IEA: Renewables, gas to reshape MENA’s energy future

The Middle East and North Africa (MENA) region has emerged as one of the fastest-growing electricity consumers since 2000, with demand tripling by 2024, according to a new report from the International Energy Agency (IEA). Rising populations, urbanization, and industrialization have fueled this surge, prompting governments to accelerate diversification of their energy mixes. The report […]