First Independent Mena Newspaper
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 […]
Morocco’s competition regulator said it is stepping up monitoring of the domestic fuel market after rising geopolitical tensions in the Middle East triggered sharp increases in global oil prices and renewed volatility across energy supply chains. The escalation in regional tensions has disrupted international logistics and driven a rapid rise in crude oil prices and […]
Egypt is moving to secure alternative energy supplies by negotiating imports of Libyan crude, as disruptions in Gulf shipments strain its refining capacity. Officials said, on Sunday March 29, Egypt is seeking to import at least one million barrels of oil per month from Libya, with talks underway between the National Oil Corporation and the […]
Authorities in Libya have recovered on March 25, unexploded ordnance near a key oil pipeline in the western part of the country, following an explosion at the site. The incident has raised fresh concerns about the safety of critical energy infrastructure in the region. According to the Interior Ministry, a Russian-made M-62 aerial bomb weighing […]
A recently published implementation and results report by the African Development Bank has validated Morocco’s electricity network development program as a benchmark of structural transformation, praising its measurable achievements in grid modernization, rural electrification, and renewable energy integration — outcomes that now serve as a reference for other African nations pursuing similar energy transitions. The […]