First Independent Mena Newspaper
The National Oil Corporation (NOC) of Libya, through its technical Committee, announced the launch of a public tender offering 22 new onshore and offshore exploration blocks to international oil companies. This initiative is part of Libya’s strategy to attract foreign investment and expand its energy sector. The announcement was made during the eleventh meeting of […]
Morocco’s King Mohammed VI has appointed Zouhair Chourfi to undertake the expansion of Moroccan electricity regulator ANRE to incorporate all fields of energy. The goal is to transform ANRE into a national energy regulator that will cover natural gas, renewable energy, and hydrogen. The new institution will be designed to serve as an independent regulator […]
The 15th session of the Arab Ministerial Council for Electricity held in Cairo highlighted by the formal launch of the Arab Common Electricity Market. The event was attended by electricity ministers and representatives from various Arab nations. Assistant Secretary-General for the Economic Sector, Ali Al-Maliki, delivering remarks on behalf of the Arab League, hailed the […]
Italy’s Ecoprogetti Company, a leader in solar panels manufacturing, has increased the production capacity of its plant in Morocco from 500 MW to 1 GW, strengthening the country’s transition to a green economy. The plant, located in the city of Al Hoceima, is operated by Almaden Morocco. It is the largest solar module manufacturing site […]
Farhat Bin Qadara, Chairman of the Board of Directors of the National Oil Corporation (NOC), revealed on December 2 that a staggering 70% of Libya’s land remains unexplored, underscoring the vast untapped potential within the country’s oil sector. This revelation came during a series of workshops in Cairo, organized in collaboration with the US Department […]
The Tripoli Court of Appeal has issued a final ruling confirming that Farhat Bengdara, Chairman of the National Oil Corporation (NOC), holds citizenship of the United Arab Emirates (UAE). The court’s decision annulled all actions and decisions taken by Bengdara in his capacity as NOC Chairman, citing a violation of Libya’s Citizenship Law No. 24 […]
Moroccan inventor Fouad Faqiri won, on Friday, the gold medal at the Seoul International Invention Fair (SSIF), held in the Korean capital November 27-30. During the event, Faqiri also received an honorary award from “Citizen Innovation,” a Singaporean alliance working to promote innovators, as well as the title of “Innovation Icon” awarded by the Malaysian […]
Libyan Prime Minister Abdul Hamid Dbeibah officially circulated a decision to dismiss Mohammed Oun from his role as Minister of Oil and Gas to the Energy Council (the Ministry of Oil, and the National Oil Corporation). In response, Oun issued a public statement on November 28, asserting that the dismissal was invalid. He revealed that […]
Four executives from the Barrick Gold Corporation have been detained in Mali, the Canadian mining company has confirmed, adding that all these employees of its Loulo-Gounkoto mining complex had been charged and detained pending trial. The arrests come as the Sahel country’s military regime intensifies efforts to impose additional taxes on foreign mining companies by […]
Al-Waha Oil Company has achieved its highest oil production level in over 11 years, according to an announcement by the National Oil Corporation (NOC) on Wednesday, November 27. Daily production for Al-Waha reached 350,549 barrels of crude oil, contributing significantly to Libya’s total crude output of 1,380,470 barrels over the past 24 hours. Additionally, Libya’s […]