IPSE

Sound Energy Starts Drilling Second Gas Well in Eastern Morocco

After making a significant gas discovery in Tendrara, North Eastern Morocco, Sound Energy has pressed on with its second well in the license area. Lying only 1.6 kilometers away from its first TE-6 gas well in Tendrara, Sound Energy announced that works have started on the second TE-7 well with aim of prospecting gas volumes, […]

Noose Tightens around Algeria to Conduct Census of Population Held in Polisario-run Tindouf Camps

The International community is tightening the noose around Algeria to enable a census of the population held in the Polsario-run Camps with the latest call by the House of Appropriators on the US Secretary of State to put pressure on Algiers to cooperate with the UN refugee Agency in this regard. “The Secretary of State […]

Morocco’s Budget at End-April: MAD 144 Billion in Revenue, MAD 19.1 Billion-Deficit

Morocco’s budget execution for the first four months of 2026 reflects a broadly positive economic context, anchored by a bumper agricultural season and resilient non-farm activity, against a backdrop of elevated public spending. The Ministry of Economy and Finance’s April bulletin records a budget deficit of 19.1 billion dirhams at end-April 2026, widening from 17.5 […]