View of Repsol gas station located in Ponferrada, Spain.

Morocco Rejects UN Proposal to Takeover Asphalting Works of Guergarat Road

Morocco has rejected an initiative put forward by the UN Secretary General, Ban Ki-Moon, whereby the UN takes over the works to asphalt the Guegarat road on the borders with Mauritania, Moroccan news outlets reported. In an attempt to avert a resumption of hostilities between the Royal Armed Forces and the Algerian-backed Polisario separatists, the […]

Morocco Offshore Exploration: Italian Company Eni Steps In

Italian multinational oil and gas company Eni has sealed a Farm-Out Agreement with Chariot Oil & Gas, which enabled Eni to get operatorship and a 40 pc stake in the Rabat Deep Offshore exploration permits I-VI, Morocco’s offshore. The deal, which still needs approval of the Moroccan authorities, allows Eni to operate in an area […]

Morocco’s Handicrafts Exports Exceed 622 mln Dirhams Up to November 2017

Morocco’s exports of handicrafts exceeded 622 million dirhams between January and November 2017, Minister in charge of the sector Jamila El Mossali said. Local media reported that El Mossali said at the launch of the national handicrafts fair to run till 31 December, 2017 that the sector employs 2.5 million people and represents 7% of […]