Energy Libya

Libya’s NOC signs production-sharing agreement with Chevron

Libya’s National Oil Corporation (NOC) has signed a production-sharing agreement with US energy company Chevron as the country seeks to attract investment and increase oil production. NOC Chairman Masoud Suleiman said the agreement represents an important step towards exploring and developing Libya’s hydrocarbon resources while strengthening partnerships with major international energy companies. Suleiman said the […]

Americas Asia Business Energy Headlines Morocco

U.S. Think Tank: Moroccan Phosphate Strengthens America Competition with China Over EV Battery

The United States has eased its fertilizer restrictions on Morocco to manage a supply emergency, but the Kingdom could also become a key source of purified phosphoric acid—a crucial product tied to growing competition with China over battery production, supply chain integrity, and access to critical minerals, says Washington Institute for Near East Policy. In […]

Africa Energy Headlines Morocco

Morocco Named Among 13 Priority Markets for African Energy Transition Fund

Morocco has been named among the primary markets targeted by a proposed $200 million African energy transition fund designed to finance renewable energy and other low-carbon infrastructure projects across the continent, according to an Environmental and Social Management System assessment by the African Development Bank. The African Transition Acceleration Fund, known as ATAF, is targeting […]

Energy Headlines Libya

Nationwide Power Blackout Hits Libya as Plants Shut Down

A widespread power outage hit western, central and southern Libya early Monday after several major electricity generation plants went offline, according to local media and sources. The Zawiya and Khoms power plants in western Libya, along with the Ubari gas-fired plant in the south, were shut down simultaneously. The reasons for the outages remained unclear. […]

Energy Headlines Libya

Libya’s fuel bill exceeds $1bn as NOC reports July Local supplies

Libya’s National Oil Corporation (NOC) says it supplied 1.369 million metric tons of fuel to the local market in July 2026, with the estimated value reaching about $1.006 billion. The corporation said it received 1.378 million tons of fuel from local and international sources, including gasoline, diesel, LPG, kerosene and heavy fuel oil. Diesel accounted […]

Energy Headlines Libya

Libya’s Oil Export Revenues Hit $15.2bn in First Half of 2026

Libya’s oil export revenues reached $15.234 billion in the first six months of 2026, exceeding the Government’s target of $13.985 billion by nearly 9%, according to data published by the Ministry of Economy and Trade. Crude oil production stood at about 246 million barrels during the period, slightly below the target of 252 million barrels. […]

Energy Europe Headlines Morocco

As anti-Moroccan sentiment surge, self-defeating calls mount for cutting intercontinental power cable

In the wake of Spain’s self-inflicted migration crisis, analyses underpinned by Moroccophobia spawned in Spanish media. Some suggested Spain should consider cutting or threatening to cut electricity flows through the submarine cables to Morocco as leverage. Such proposals ignore the mutual benefits of the interconnection and risk exposing deeper economic interdependence, energy experts and bilateral […]

Energy Headlines Morocco

OCP Group Launches Two New Subsidiaries to Expand Desalination Ambitions

Morocco’s phosphate giant OCP Group has received approval to create two new subsidiaries under OCP Green Water dedicated to seawater desalination and water transport. The approval was published in the Official Gazette. The new entities are designed to secure industrial and drinking water self-sufficiency across two Moroccan regions: the central zone covering Marrakech, Youssoufia, Safi […]

Energy Headlines Morocco

UN Report: Morocco’s Green Hydrogen Ambition Outpaces Its Regulatory Framework

Morocco has established itself as one of the most serious candidates for a competitive green hydrogen industry at the regional level, but a new UN report finds the regulatory architecture needed to support that ambition remains significantly underdeveloped, according to Le Matin. The report, produced by the UN Industrial Development Organization for Morocco’s Energy Transition […]

Energy Finance Headlines Morocco

Private Investors Flock to Morocco’s Water and Electricity Sector as ONEE Unveils New Plan

Morocco’s national water and electricity utility, ONEE, has approved a 2026-2030 equipment plan worth 177 billion dirhams for electricity and 42.1 billion dirhams for drinking water, with 72 percent of the total to be financed directly by the private sector, the utility’s board decided at a session in Rabat. The electricity component centers on accelerating […]