Algeria blocks Maghreb-Europe pipeline revival despite European pressure

Algeria has reportedly rejected proposals to reopen the Maghreb-Europe Gas Pipeline (GME), despite months of lobbying by several European countries seeking to restore flows toward Spain, the Washington-based energy outlet Attaqa said. According to Attaqa, later echoed by Spanish media, Algiers dismissed multiple attempts to “test the waters” on resuming exports through the GME, which […]

Congo inks agreement with Africa50 to triple power capacity

The Congolese government has inked an agreement with the pan-African investment platform Africa50 to mobilize funds for tripling the capacity of the Congo Power Station. The infrastructure, which currently has a capacity of 300 MW, should increase its capacity to 450 MW then to 900 MW by 2027. Increased production from the station could improve […]

South Korean LG Chem teams up with China’sxHuayou Group to build 2 plants in Morocco

South Korean LG Chem announced Sunday that in partnership with China’s Huayou Group it will establish two factories in Morocco for the production of lithium-phosphate-iron (LFP) cathode materials and lithium conversion, essential components in the manufacturing of batteries for electric vehicles. LG Chem and Huayou Group signed a comprehensive memorandum of understanding (MOU) on September […]