Morocco exercised its legitimate sovereign right to delimit its territorial waters and remains open to negotiations with Spain in case of overlaps, said foreign minister Nasser Bourita. Delimiting territorial waters is a sovereign right guaranteed by the international law, he said following talks with Spanish foreign minister Arancha Gonzalez Laya, in Rabat Friday Spain delimited […]
Production in the Sharara oil field has increased to approximately 85,000 barrels per day (bpd) to support the Al-Zawiya oil refinery. The National Oil Corporation (NOC) had previously declared force majeure on the Sharara oil field after its shutdown on August 7. The NOC informed foreign partners and customers that this force majeure would not […]
It’s official! The renewable energy has reached a capacity of 6,000 MW in Egypt, according to Mohamed el-Khayat, Executive Chairman of the New & Renewable Energy Authority (NREA). The North African nation reached the target, a year before the government deadline to add 20% renewable energy in the country’s electricity mix. Of the 6,000 MW […]
