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Qatar Petroleum Acquires 30% Interests from Chevron Morocco

Qatar Petroleum has taken 30% participating interest from the share of Chevron Morocco Exploration Ltd in three deep-water offshore leases located 200 km to the North West of Agadir’s coast. This acquisition came following a deal signed last February and approved by the Moroccan government, said Telquel magazine. Under the agreement, Qatar Petroleum will acquire […]

Morocco considers Tan Tan port for green hydrogen exports

Morocco’s port agency ANP has launched a tender for a study to transform the Atlantic Port of Tan Tan into a green hydrogen export hub. The port is part of a Moroccan green hydrogen offer that was unveiled last March, dedicating 300,000 hectares to green hydrogen projects. So far, the agency in charge of filtering […]

Budget Cuts Threaten Algeria’s Fragile Social Peace

Plummeting oil prices and dwindling revenues prompted the Algerian government to adopt austerity measures including tax hikes and subsidies cuts leading to protests, notably in the restive south and northeast of the country. Algeria, which has nurtured a system based on generous handouts to the population taking the form of subsidies to fuel, electricity, housing […]