First Independent Mena Newspaper
Libya’s infighting and east west divisions are adding to the oil supply disruptions in the country after the shutdown of the country’s largest oil field. The Internationally recognized Libyan National Oil Corporation NOC warned last December that the closure of its biggest El Sharara oil field by tribesmen claiming higher wages has reduced the country’s […]
Egypt plans to upgrade six oil refineries to increase local production of refined products, Petroleum Minister, Tarek El Molla, said during a conference in Cairo Sunday. The refineries refurbishment to be conducted over four years will cost about $9 billion, the official said, adding that Egypt is trying to secure crude oil supplies for Egyptian […]
Saudi Arabia’s oil giant Aramco will build an oil refinery in South Africa part of the pledge made by Riyadh last year to invest $10 billion in the African country, Bloomberg reports. According to Bloomberg, an agreement of intent was signed Friday by South Africa’s Energy Minister Jeff Radebe and his Saudi counterpart Khalid Al-Falih. […]
The government Algeria will conclude its deal with Exxon Mobil Corp and set up a trade joint venture with an international company before the first half of 2019, Sonatrach’s Chief Executive Officer said. Algeria is mulling over luring in international oil companies with tax incentives in a new energy law aimed at stimulating the North […]
Morocco has launched international tenders for the building of seven solar energy plants in the south and east of the country. The German development bank KfW is a partner in this 200 MW Noor Atlas project. According to Moroccan state-owned utility Office National de l’Electricité, the tenders are divided into two lots: one for the […]
Morocco’s state-owned Company “Office National des Hydrocarbures & des Mines (ONHYM) and Nigerian National Petroleum Corporation (NNPC) have chosen Penspen to carry out the 1st phase of the FEED (Front-End Engineering) of the gas pipeline project to run from Nigeria upto Morocco. The FEED first Phase consists of a detailed review of the feasibility study […]
The US State Department Tuesday called on the armed men that occupied Libya’s Sharara oil field in the desert, south of the country, to hand over the oil facility to the National Oil Corporation (NOC), which has declared force majeure. “The United States continues to monitor the situation at the Sharara oil field and echoes […]
Morocco has been classified among developing countries that notably improved their renewable energies sector and policies since 2010. This came in the recently published World Bank report of the 2018 Regulatory Indicators for Sustainable Energy (RISE) that listed 133 countries’ renewable energies improvements. Morocco got a score of 74, according to the report of RISE, […]
ACWA Power, a global player in water desalination and power generation, has announced collaboration with ECOHZ, that offers global renewable energy solutions to businesses, organizations and electricity providers, to empower local women and support communities in Morocco. Stemming from its commitment to communities where it operates, and following its development of the world’s largest concentrated […]
Morocco and Mauritania signed a partnership agreement in the fields of hydrocarbons and mines on Wednesday in Nouakchott, on the sidelines of the 5th “Mauritanides”, a conference-exhibition on the oil and mining sector in Mauritania. This agreement was signed by Director General of the Moroccan Office of Hydrocarbons and Mines (ONHYM), Mrs. Amina Benkhadra, and […]