First Independent Mena Newspaper
The Greater Tortue Ahmeyim (GTA) gas production project, spanning Senegalese and Mauritanian waters, has reached 97% completion as of September 2024, according to British Petroleum (BP) and its partners. This update was shared during the inauguration of solar-powered cold storage containers and an information center in Saint-Louis, Senegal, on December 17. In a joint press […]
Many African countries still depend solely on food importation to survive regardless of their large land areas, says a new report by the African Export-Import Bank (Afreximbank) that also reveals that all countries on the continent together spend an average of $50 billion annually importing foods. “The nations of Africa together import approximately $50 billion […]
A source familiar with Libya’s oil sector has alleged that the National Oil Corporation (NOC) is publishing inflated production figures to evade accountability for the utilization of a 60 billion Libyan dinar budget allocated to increase oil output. According to the source, OPEC’s monthly report, released on December 13, 2024, stated that Libya’s crude oil […]
The Egyptian Government plans to drill 46 new oil and gas wells this fiscal year, with an investment of $748.5 million. Minister of Petroleum and Mineral Resources, Karim Badawi, announced on Monday that 15 agreements are in the pipeline, accompanied by $20 million in signing bonuses. The Government aims to boost domestic output, reduce imports, […]
Libya’s state-owned National Oil Corporation (NOC) declared force majeure at its 120,000 b/d Zawiya refinery on Sunday following clashes between armed groups near the facility. NOC said a number of storage tanks were hit, causing fires. These were subsequently brought under control, it added. Zawiya is Libya’s largest operational refinery, with most of its production […]
The Atlantic gas pipeline that will connect Morocco to Nigeria has a potential to boost economic integration across 13 African states, boost energy supply in West Africa and power the region’s economies, head of Morocco’s mines and hydrocarbons agency ONHYM Amina Benkhadra said. The pipeline, to be achieved at an estimated cost of $26 billion, […]
The power plant “His Majesty King Mohammed VI,” offered by Morocco to Niger upon the high instructions of King Mohammed VI, was inaugurated this Thursday Dec.12, in Niamey. The inauguration ceremony was organized under the high patronage of Brigadier General Abdourrahmane Tiani, President of the National Council for the Safeguard of the Homeland (CNSP), and […]
German President Frank-Walter Steinmeier met with his Nigerian counterpart Bola Ahmed Tinubu in Abuja, the capital of Africa’s most populous country, on Wednesday, December 11, where he is on a two-day visit. Talks discussed partnership between the two countries, with focus on energy cooperation. “We have with Nigeria one of the longest energy partnerships that […]
The Egyptian New and Renewable Energy Authority has released a report on its official website detailing the private sector’s involvement in the development of electricity generation projects from solar and wind energy, aiming for a total capacity of 18,550 megawatts by 2030. The report highlights that new wind energy power plants, set to be operational […]
Morocco is well-positioned to become a global hub for electric vehicle industries (EV) thanks to its control of the world’s largest phosphates reserves, its free trade deals with the EU and the US, availability of skilled labour and a growing automotive sector, London-based Chtaham House said. Morocco has attracted Chinese EV battery giants looking to […]