The UK Chariot Oil & Gas company has secured a new offshore exploration license in Northern Morocco. The formal award of the “Rissana” license is expected in 2021, says the oil company. Under terms of the agreement reached, 75pc interest and operatorship of the Rissana licence will be awarded to a wholly owned subsidiary of […]
A new phase in Libya’s financial oversight has been initiated through the appointment of the American advisory firm K2 Integrity, which has been tasked with monitoring the financial transactions of the Central Bank of Libya’s (CBL). The decision, reportedly made under pressure from Washington, aims to enhance transparency and curtail systemic corruption within Libya’s financial […]
The United Nations Security Council extended the mandate of the UN mission in the Sahara, MINURSO, for one year, while enshrining, once again, the preeminence of the Moroccan autonomy initiative to resolve the regional dispute. The renewal of the MINURSO mandate came in Resolution 2654, adopted Thursday by the UN Security Council. The Security Council […]
