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U.S. Murphy Oil Corporation to Conduct Exploration Drilling in Morocco’s Offshore
American Murphy Oil Corporation will carry out exploration drilling in Morocco’s Gharb Deep Offshore water bloc under an agreement signed lately with the National Office of Hydrocarbons and Mines (ONHYM). “We are excited about our entry into Morocco, which offers exposure to exploration in a frontier basin with attractive entry costs and competitive terms. This […]
Morocco’s OCP, Indian Kribhco to Build Fertilizer Plant in India
The Moroccan Phosphates company (OCP) and the Indian Krishak Bharati Limited (Kribhco) will jointly build a fertilizer production unit in Andhra Pradesh state, in southern India. The $230 million worth project, co-financed by the two part-ners, will have an annual production capacity of 1.2 million tons of NPK fertilizer (nitrogen, phosphorus, potassium). The fertilizer production […]
Washington Hits Algerian Steel Rebar With Countervailing Duties, Dealing Hard Blow to Ruling Junta
The U.S. Department of Commerce has ordered 72.94 % countervailing duty (CVD) against imports of steel concrete reinforcing bar from Algeria. The new tariffs are enforced as of July 6, 2026, alongside the triple-digit antidumping duties issued earlier this year. The new CVD decision, published in the U.S. Federal Register, comes after the investigations initiated […]



