First Independent Mena Newspaper
Chinese-European Company Gotion, Green Power Morocco (GPM) and Chery Heavy Trucks have signed an agreement to launch a heavy-duty electric logistics corridor between Morocco and France, advancing lower-emission cross-continental freight. The 2,000-km route connects Agadir (southern Morocco) through the Port of Tangier to Perpignan (southern France), currently served by some 2,000 heavy trucks daily. The […]
Morocco’s energy ministry is facing renewed scrutiny over the actual use of storage facilities at the idle Samir oil refinery, after energy minister Leila Benali said the state had enabled operators to access the infrastructure over the past three years. Speaking to 2M TV channel, Benali said her ministry had used Samir’s storage capacity as […]
Libya’s oil production has climbed to approximately 1.43 million barrels per day—the highest level in more than a decade—according to National Oil Corporation Chairman Masoud Suleiman on Sunday, April 5, 2026. He disclosed that oil revenues for February surpassed $2 billion and were fully transferred to the State treasury without deductions, marking a rare development […]
Morocco’s Competition Council said international market volatility drove fuel price movements in early March, with diesel and gasoline showing different levels of pass‑through to pump prices. In a note reviewing price developments between March 1 and March 16, 2026, the council said geopolitical tensions in the Middle East pushed up crude oil and refined product […]
Morocco has sufficient diesel stocks to cover 51 days of consumption and petrol inventories for 55 days, while supplies of gas and coal have been secured for the second quarter of this year, the energy ministry said. The country has taken steps to ensure energy security amid pressure on global demand and prices stemming from […]
Morocco’s government is spending at least 1.6 billion dirhams ($160 million) a month on measures to cushion households and businesses from higher energy and transport costs, Budget Minister Fouzi Lekjaa said. The support package focuses on subsidies for butane gas, electricity price freezes and financial aid for professional transport operators, Lekjaa told reporters. State support […]
Moroccan motorists and transport operators faced a fourth fuel price increase in as many months on April 1st, as distributors raised pump prices with effect from midnight. Diesel rose by approximately 1.70 dirhams per liter, bringing it to around 14.50 dirhams, while unleaded petrol increased by 1.57 dirhams to reach approximately 15.50 dirhams. The adjustment […]
The Future Leaders Challenge Morocco 2026 (FLC), held on March 30-31, brought together students, academic institutions, industry leaders, and public officials around a shared mission: transforming Morocco’s tourism sector through the energy and ideas of its youth. The event concluded with the announcement of its top three finalists, with Al Akhawayn University taking first place, […]
Morocco will maintain subsidies for cooking gas and continue providing financial support to transport operators as international energy prices rise sharply amid escalating geopolitical tensions in the Middle East. The decision was made by Prime Minister Aziz Akhannouch who chaired the first meeting of a ministerial committee tasked with monitoring the economic repercussions of the […]
Moroccan electric mobility startup GoSwap has secured $2.1 million seed funding, from Azur Innovation Fund, to expand its battery-swapping network for electric scooters across major Moroccan cities, according to local press. The company offers users of electric scooters the possibility of exchanging depleted batteries for charged ones for $2.6 to $3 per 100 kilometres. GoSwap […]