refinery

Renewable Energy, Morocco’s Economic Engine

King Mohammed VI chaired, Thursday at the Royal Palace in Rabat, a working session to review the progress in renewable energy projects led by MASEN, said a statement by the Royal Office. During the meeting, attended by ministers and senior officials, the King was briefed on the progress made towards achieving the goal of generating […]

US Urges free, Transparent Vote in Egypt

US Secretary of State Rex Tillerson on Monday called on Egypt to hold free and transparent presidential elections next month in a vote that is smeared by crackdown on President Sisi’s rivals and marked by wave of oppression. Tillerson, who began a five-nation visit to the Middle East with a stop in Egypt Monday, touched […]

Algeria’s energy revenues to plunge by $10 bln deepening financial crisis

Algeria’s oil and gas revenues will be reduced by $10 bln to $23 billion as the country struggles with a surge in spending in a heavily subsidized economy. Algerian officials rang the alarm bell as to the deteriorating financial indicators as a result of dwindling energy revenues which represent more than 90% of exports. To […]