Egypt to Earmark $9 bln to Revamp Refineries

Egypt plans to upgrade six oil refineries to increase local production of refined products, Petroleum Minister, Tarek El Molla, said during a conference in Cairo Sunday. The refineries refurbishment to be conducted over four years will cost about $9 billion, the official said, adding that Egypt is trying to secure crude oil supplies for Egyptian […]

Sahara: Madrid’s support for Morocco’s Autonomy Plan is good for Spain, for Mediterranean – Spanish Defense Minister

The Spanish government’s support to Morocco’s autonomy plan for the Sahara is a “good decision for Spain and for the whole Mediterranean region”, stressed Spanish Defense Minister María Margarita Robles on Tuesday. By supporting autonomy as “the most serious, realistic and credible basis” for resolving this dispute, the government “has taken the best decision for […]

British firms launch joint venture to tap Morocco’s hydrogen potential

British geoscience company Getech and energy transition firm Sound Energy have established a joint venture to explore Morocco’s untapped natural hydrogen and helium reserves, positioning the North African kingdom at the forefront of emerging clean energy technologies. The newly formed HyMaroc Limited will focus on discovering and developing underground deposits of these critical resources, following […]