French development agency (AFD) offered a financing of 350 million euros in support of decarbonization efforts led by Morocco’s phosphates and derivatives giant OCP. A deal was signed between the two institutions on May 12, as OCP seeks more funding for its 13 billion-dollar decarbonization plan. OCP had announced a plan to use100% clean energy […]
Libyan Serraj-led unity government which has not taken office yet is already bashed for cronyism, leading some to predict its failure. Omar Al-Aswad, who suspended his membership in the Presidency Council, accused the Council of favoritism in the appointment of the ministers of the future national unity government. Speaking to Libya Herald, Aswad accused other […]
Bidding announced by the Egyptian Natural Gas Holding Company (EGAS) to sanction the importation of Liquefied Natural Gas (LNG) by the private sector for first time in Egypt has expired although some major oil and gas companies withdrew. Companies such as British Petroleum, Royal Dutch Shell, the Kuwaiti Kharafi Group and Taqa Arabia, a subsidiary […]
