First Independent Mena Newspaper
Morocco, host country of the 22nd UN conference on climate change (COP22), will fit its mosques with energy saving light bulbs, solar thermal water heaters and photovoltaic systems. The move dubbed “Green Mosques” is part of the North African strategy to encourage renewable energies. Six hundred “green mosques” are to be created in the country […]
After making a significant gas discovery in Tendrara, North Eastern Morocco, Sound Energy has pressed on with its second well in the license area. Lying only 1.6 kilometers away from its first TE-6 gas well in Tendrara, Sound Energy announced that works have started on the second TE-7 well with aim of prospecting gas volumes, […]
Qatar Petroleum has taken 30% participating interest from the share of Chevron Morocco Exploration Ltd in three deep-water offshore leases located 200 km to the North West of Agadir’s coast. This acquisition came following a deal signed last February and approved by the Moroccan government, said Telquel magazine. Under the agreement, Qatar Petroleum will acquire […]
Morocco’s oil and gas imports stood at 29.394 billion dirhams by July 2016 compared to 41.947 billion dirhams the same period last year, which is a significant 30% drop, Morocco’s exchange office said in its latest statistics. Yet, despite the drop in oil prices, Morocco’s commercial deficit deepened 7.5% as imports continue to exceed exports. […]
Libyan oil production is falling more sharply than expected, declining by 70 percent from pre-civil war levels due to continued instability and hostilities between armed groups. The situation has sparked serious concerns of Western powers. A joint statement issued by the French Government said five of its NATO allies have expressed concern about tensions near […]
Algeria and other OPEC members whose budget took a toll on the backdrop of the oil price plunge are expected to push for a production freeze during an OPEC informal meeting scheduled for late September in Algiers. OPEC has lined up an informal meeting on the sidelines of the International Energy Forum in Algeria in […]
A technical and economic feasibility study for the electric interconnection between Morocco and Potugal was launched on Monday in Rabat and Lisbon. This intercontinental electric link will be operational in 2020 following the presentation of the results of the feasibility studies by Rabat and Lisbon. The implementation of this undersea electric interconnectivity will place Morocco […]
Sound Energy has confirmed that it has made a significant gas discovery in Tendrara, North Eastern Morocco. Sound Energy, which is a member of London’s junior market, said in a statement that the discovery took place in the first Tendrara Well TE-6 drilled to a measured vertical depth of 2,665 meters. The gas discovery was […]
The Moroccan parliament officially passed a law that changed the name of the Moroccan Agency for Solar Energy (MASEN) into the Moroccan Agency for Sustainable Energy and tasked it with the development of solar, wind and hydraulic energies along with any other source of renewable energies. The law is in line with Morocco’s commitment to […]
Danish manufacturer, Vestas, has confirmed an order to supply turbines to the 120MW khalladi wind farm in northern Morocco. The Danish wind energy giant announced that it had signed a firm and unconditional order with ACWA Power for 40 of its V90-3.0 MW wind turbines. The contract comprises the supply of the turbines and a […]