CFC casablanca

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 explore gas and oil in its territorial waters. Far-left party, Podemos, which supports separatism in the Sahara, has tried to instigate the Spanish government against Morocco’s oil and gas explorations offshore Tan Tan, […]

UN: Somalia accuses Kenya of violating its sovereignty

Kenya “violates the sovereignty and unity of Somalia”, Somali ambassador to the UN, Abukar Dahir Osman, told the UN Security Council on Thursday, warning that his country is ready to take “all necessary measures” to defend itself. “Kenya continues to be a destabilizing force in Somalia,” he said at the end of a briefing by […]

LNG traders hit with huge losses due to LNG plants disruptions in Nigeria, US and Australia

Nigeria’s liquified natural gas (LNG) facility at Bonny Island has seen production decline in recent months as a result of a shortage of natural gas supply due to rampant theft and sabotage of oil and gas pipelines. Also unplanned disruptions at LNG plants in the United States and Australia have wrong-footed traders, including BP and […]