maroc-petrole

UN Security Council foils Algeria’s maneuvers to eschew responsibility on Sahara issue

Algeria tried in vain to omit itself from being mentioned in the latest UN Security Council resolution on the Sahara that called on it to resume roundtables as a main party to the Sahara conflict. The resolution renewing the mandate of the UN mission in the Sahara, considered 2007- the year Morocco submitted its autonomy […]

OCP plans international bond worth up to $2 bln to fund development plan

Morocco’s phosphates and fertilizers giant, OCP, plans a bond issue ranging between $1.5 billion and $2 billion as it launched major investments in renewable energies, desalination, green hydrogen, and ammonia. The news, relayed by Medias24 and major news agencies, marks the first bond by OCP since it announced an ambitious growth strategy of about $12 […]

Mauritania has officially become a gas-producing country

Mauritania has officially become a gas-producing country, as announced by the Minister of Energy earlier on December 31, 2024. The milestone was achieved with the opening of the first natural gas well at the Grand Tortue Ahmeyim (GTA) field, marking a decisive step in the development of this major cross-border energy project. The first drop […]