Libya Oil Terminal

Morocco fixes Noor Ouarzazate III solar plant after breakdown

The Moroccan agency for sustainable energy MASEN said it has switched on Noor Ouarzazate III solar plant after a 14-month breakdown. The breakdown highlights the dysfunctions with the CSP technology used in the plant which has experienced recurrent breakdowns. The 150-megawatt plant had shut down in February 2024 after a storage breakdown that the operating […]

Would Somalia be a battleground of Egyptian-Ethiopian proxy war?

The inflow of Egyptian arms to Somalia in a context of increasing tension with its Ethiopian neighbor risks triggering a proxy war in the horn of Africa opposing Cairo to Addis Ababa. Reports mentioned a second shipment of Egyptian arms to Somalia this week, despite threats by Ethiopia that such move represents an act of […]

Egypt: Debt payment delayed, Gulf oil grants over, Minister Ismail

Oil Minister Sherif Ismail has announced that the payment of Egypt’s debt to foreign oil companies will be delayed by six months thereby pushing the deadline to the end of next year after Egypt had promised to repay all its debt by mid-2016. He also said there will no longer be oil grants from the […]