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Morocco’s House of Representatives approved legislation Tuesday transforming the National Office of Hydrocarbons and Mines (ONHYM) into a joint-stock company, positioning the entity as a strategic lever capable of meeting international competition challenges. The majority-backed Law 56.24 represents the sector’s first major institutional reform since 2020. Energy Transition and Sustainable Development Minister Leïla Benali explained […]
Morocco’s Structural Oil Dependency Laid Bare by Middle East Crisis and 20-Day Reserve Reality
A 2-dirham overnight rise in diesel prices at the pump has jolted Moroccan consumers and reignited a long-standing debate about the Kingdom’s structural vulnerability to global energy shocks. Triggered by the third week of Middle East hostilities and their impact on international oil markets, the price surge has exposed once again the fragile foundations of […]
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