King Mohammed VI speech aug 20- 2021

Oil investment: British-supermajor BP to explore offshore Gambia

British oil giant BP has signed an agreement with Gambia’s government to explore offshore hydrocarbons potential in the West African nation. The London-listed company now has “the legal rights” to explore for oil and gas potential in block A1 offshore Gambia, the office of the Gambian president Adama Barrow said in a statement. Block A1 […]

Ex-Guinea-Bissau PM Embalo Wins Presidential Election

Former Prime Minister and ex-army general Umaro Cissoko Embalo has won last week presidential election in Guinea-Bissau, with 54% of the vote, the electoral commission said on Wednesday. Embalo, 47, who beat another former Prime Minister Domingos Simoes Pereira in a run-off vote, will succeed incumbent President Jose Mario Vaz. The new elected leader served […]

Taqa Maroc sets up renewable energy subsidiary

Morocco’s largest private electricity producer, Taqa Maroc, has launched a renewable energy subsidiary to take care of its solar projects, Moroccan media said. UAE firm Taqa Maroc is listed on the Casablanca stock exchange and has reported a first quarter revenue of 4.09 billion dirhams, up 53.9% from last year as coal prices drop. It […]