Tindouf camps 2

Italy’s Enel Launches Green Bond to Fund Green Projects in Morocco

Italy’s Enel Green Power (EGP) said it launched a green bond totalling $1.2 billion to fund its green projects, notably the 850MW wind energy projects in Morocco, local media said. The Italian energy giant said in a statement that the green bond would help fund renewable energy projects covering the development, construction and repowering of […]

Will Algeria’s SOS Call to OPEC be Heeded?

As Oil prices continue falling, hitting their lowest level in five years, Algeria launched an SOS calling the Organization of Petroleum Exporting Countries (OPEC) to lower production and restore the oil market balance. “OPEC needs to intervene to lower production and thus remedy the unbalances of the market,” Algerian energy Minister Youcef Yousfi was quoted […]

Morocco’s King defers official activities because of severe influenza

King Mohammed VI of Morocco has to cancel all official activities for a couple of weeks at the advice of his physician who diagnosed him with a severe influenza syndrome. The King contracted the flu during his recent visit to India but the syndrome became more severe with bronchopulmonary and oropharyngeal symptoms and a voice […]