industries 4.0

Algeria: Statoil & BP Pulling out Staff after Gas Plant attacks

British Oil Company BP and Norwegian Statoil announced Monday they would withdraw their staff from two Algerian gas plants after terrorists fired rockets at the third largest gas field of the country situated in the Sahara desert. The companies will withdraw their staff from the In Salah and In Amenas gas plants as security measures […]

International Community Wary of Algeria’s Unwillingness to Combat Terrorism in Sahel

The absence of Algeria from a meeting on Sahel security held on July 3 in Seville between the Interior Ministers of Spain, France and Morocco shows the low expectations of the international community of the Algerian regime when it comes to countering terrorism in the Sahel. During the Seville meeting, the participating ministers agreed on […]

EBRD promotes energy transition in Morocco’s mining sector with €13.6Mln Loan

The European Bank for Reconstruction and Development (EBRD) on Tuesday reaffirmed its support for Morocco’s energy transition by providing a €13.6 million loan to PROCANEQ, a company set up in Morocco in 2016 to provide mining subcontracting services to OCP Group. The EBRD financing, meant to step up the sector’s green transition, will be used […]