First Independent Mena Newspaper
The Nigeria-Morocco gas pipeline project is the best alternative to the Nord-Stream 2 natural gas Russian pipeline project which is at the heart of tensions between the United States, the European Union, and Russia, American news outlet Newslooks states. In an article entitled “The Nord Stream 2 gas pipeline and the EU-US alliance”, Newslooks […]
The US State Department hailed Wednesday the “bold leadership” of King Mohamed VI, making of Morocco a “world leader” in investing in renewable energy and in meeting its climate goals under the Paris Accords. “Under the bold leadership of King Mohamed VI, Morocco has become a world leader in investing in renewable energy and […]
Morocco is on course to launching investments in the gas sector that would serve its goal of diversifying its energy mix and reducing its reliance on coal and costly imports, London-based Globaldata said. In a recent report, the international consultancy said Morocco is poised to add 70mmcfd natural gas to its energy mix in the […]
Morocco has been named at the high-level dialogue on energy as UN world champion of dialogue on the theme of “innovation, technology and data”, in recognition of the country’s efforts for the development of integrated and innovative renewable projects, with the objective of exceeding 52 % of renewable sources, in the national electricity mix by […]
Chariot Oil & Gas, Africa focused transition energy company, signed a deal with the Moroccan government to supply gas to the country from the Anchois project. The agreement, signed with Morocco’s Ministry of Industry, Trade and Green and Digital Economy, reflects Rabat’s support of Chariot’s gas development project as potentially providing significant volumes to […]
Libya’s National Oil Corporation (NOC) Sunday said it won in appeal against Libyan-Emirati Oil Refining Company (LERCO) with respect to the Ras Lanuf Refinery dispute dating back to January 2018. NOC on Facebook said Paris Court of Appeal ruled that LERCO will pay over $115 million, plus benefits. The amount, including the benefits as […]
The Noor Ouarzazate solar power plant supplies nearly two million Moroccans with electricity and prevents the emission of nearly one million ton of greenhouse gas per year, Minister of Energy, Mines and Environment, Aziz Rabbah, said on Tuesday. Speaking at the 5th session of the United Nations Environment Assembly (UNEA), held remotely, Rabbah noted that […]
Morocco has taken center stage in the area of renewable energy promotion and is often cited as an African leader in the field of clean energy by international organizations and media. Recently, Morocco was cited as an example by the UN Executive Director of the United Nations Environment Program (UNEP), Inger Andersen, who said the […]
The sinking oil and gas revenues of Algeria no longer make it an “oil country” on par with Libya or Gulf countries, wrote financial news agency Bloomberg. Bloomberg, citing a number of Algerian experts and former officials warning of the dwindling export capacity of the country, stated that in ten years Algeria will be incapable […]
The European Bank for Reconstruction and Development (EBRD) is providing a €300 million financing package to Société Tunisienne de l’Electricité et du Gaz (STEG) to support the stability of Tunisia’s energy sector during the coronavirus pandemic in the medium term. This program will allow Tunisia’s state-owned national electricity and gas utility company to implement an […]