First Independent Mena Newspaper
The National Oil Corporation (NOC) has signed the Oil and Gas Methane Partnership (OGMP), a United Nations-backed initiative aimed at reducing methane emissions in the energy sector. In a statement, the NOC said on February 10 its Chairman, Masoud Suleiman, formalized the agreement, making the Corporation a member of the group operating under the supervision […]
The TAQA Morocco-Moeve Consortium has signed with the Moroccan Government preliminary land reservation agreement part of the country’s “Green Hydrogen Offer” to develop a large-scale project for the production of green ammonia and industrial fuel in the southern regions of the Kingdom. TAQA Morocco will be responsible for the production of the renewable energy for […]
Nearly 70% of Moroccan small and medium enterprises have initiated decarbonization efforts at varying levels while digitalization progresses at sustained pace, according to a European Investment Bank survey of 150 Moroccan SME leaders conducted within the EU-cofinanced Trade and Competitiveness Programme. The research examines principal obstacles confronting enterprises strengthening competitiveness amid global environments oriented toward […]
Morocco’s Energy Transition Ministry maintains national petroleum product supply remains stable and controlled despite exceptional weather conditions slowing port unloading operations, though industry professionals express growing concerns about reduced deliveries, particularly to stations outside major cities. Energy Minister Leila Benali emphasized national stocks exceeding 617,000 tons provide sufficient coverage at this stage. Exceptional weather conditions […]
International media outlets have widely praised Morocco for its proactive and highly coordinated management of the February 2026 floods, emphasizing that lives could have been lost had authorities not acted swiftly and with exceptional preparedness. Reports from European and international news organizations underscored that Morocco’s rapid mobilization, army deployment, early planning, and large-scale evacuations played […]
The Libyan Ministry of Oil and Gas announced that it collected a total of LYD 1,947,725,346.002 in royalties, taxes and related fees from concession and participation contract companies during January 2026. The breakdown shows that surface rentals contributed LYD 714,346.402, royalties amounted to LYD 127,731,131.644, and tax revenues totalled LYD 1,819,279,957.956. The ministry noted that crude oil accounted for the […]
Morocco launched in Casablanca this week Solar Rooftop 500 (SR500), marking a decisive energy transition milestone through the first concrete implementation of Paris Agreement Article 6.2 in the Kingdom. The Renewable Energy Cluster, Africa Climate Solutions, and Swiss Embassy partnership aims deploying 500 megawatts of rooftop photovoltaic solar by 2030, enabling industrial and tertiary enterprises […]
An international consortium, composed of American Ortus, Spanish Acciona and German Nordex, has signed an agreement with the Moroccan government on the land site designed for hosting a $4.5 billion ammonia production project in Moroccan Saharan city of Laayoune. According to Arabic “Asharq Business” online news platform, the agreement was signed Thursday in Rabat in […]
Morocco continues solidifying its strategic platform status in the electric vehicle industry, attracting growing numbers of international investors as its clean energy vehicle manufacturing ecosystem expands through successive major industrial player arrivals. Shanghai Ingin Auto Technology marks the latest entrant reinforcing this industrial momentum following announcements from Shanghai Jinxiu Shanhe Automotive Technology and Sino-European group […]
Morocco’s House of Representatives approved legislation Tuesday transforming the National Office of Hydrocarbons and Mines (ONHYM) into a joint-stock company, positioning the entity as a strategic lever capable of meeting international competition challenges. The majority-backed Law 56.24 represents the sector’s first major institutional reform since 2020. Energy Transition and Sustainable Development Minister Leïla Benali explained […]