Business Emerging Markets Energy Europe Headlines International Morocco

Metacon chooses Morocco for major wind power-to-hydrogen pilot plant

Swedish-based Metacon has been awarded a $ 2 million contract to supply a 1 MW pressurized alkaline electrolysis plant to a major renewable energy company in Morocco, one of Africa’s largest wind power investors. The project involves delivering a turn-key, containerized electrolysis system powered by wind turbines to produce green hydrogen off-grid. This pilot plant […]

Emerging Markets Energy Europe Headlines International Morocco

British Chariot company retakes control of Moroccan Lixus & Rissana offshore licenses

British Chariot Energy Company announced Wednesday that it has regained operatorship of its Moroccan Lixus and Rissana Offshore licenses from Energean firm. Chariot is now operator of the Anchois gas field and has a 75% working interest in each license, with Moroccan National Office of Hydrocarbons & Mines (ONHYM) retaining its 25% stake. With operatorship […]

Emerging Markets Energy Headlines Morocco

Morocco aims to boost natural gas share to 30% of energy mix by 2030

Morocco is accelerating its transition to natural gas as a key pillar of its energy future, aiming to increase its share to 30% of the national energy mix by 2030. The government is deploying a multisector strategy based on heavy investments and public-private partnerships to reduce coal dependence while maintaining energy security. On April 23, […]

Business Emerging Markets Energy Europe Headlines International Morocco

Fortescue mulls Morocco-UK power link

Australian mining giant Fortescue is considering investing in Morocco’s renewable energy sector to export electricity via undersea cables to the UK. This came in an interview on the Telegraph with Andrew Forrest, the founder and boss of iron ore giant Fortescue, who is seeking support from the UK’s Secretary of State for Energy Security and […]

Africa Energy Europe Headlines International

Turkey announces 20 bln barrel oil field discovery in East Africa

Turkish explorations offshore Somalia led to the discovery of commercially viable crude oil, estimated at 20 billion barrels. Turkey and Somalia had signed a deal under which Turkey controls 90% of oil and gas output rights. The deal triggered criticism for its unfavorable terms for Somalia, a war-torn and cash-strapped country. Somalia’s President Hassan Sheikh […]

Africa Algeria Energy Headlines International

Niamey abandons Algeria-Niger pipeline

Niger has lost interest in the stalling trans-Saharan gas pipeline that was planned to link Nigeria to Algeria. Media reports said Niger stopped studies for the project that took decades with no progress so far. The decision takes place amid deteriorating political ties with Algeria, who is accused by Niger and its other Sahel allies, […]

Africa Asia Business Emerging Markets Energy Finance Headlines International Morocco

Morocco-Nigeria Gas Pipeline Project gains support of UAE & several major investors

The Morocco-Nigeria gas pipeline project is gaining momentum as the United Arab Emirates has agreed to contribute to the funding of this $25 billion project to ship Nigerian gas to Europe through Morocco. The announcement was made lately by Morocco’s Minister of Energy Transition Leila Benali in a statement at the Moroccan Parliament. She told […]

Emerging Markets Energy Europe Headlines International Libya

Libya, Malta deepen energy ties

In a renewed diplomatic overture, Libya and Malta have initiated a dialogue aimed at reinforcing bilateral cooperation in the energy sector, signaling a broader Mediterranean alignment on oil and gas development. Libya’s Minister of Oil and Gas, Khalifa Abdelsadeq, met with Malta’s Ambassador to Libya, Charles Saliba, on Monday May 5 to explore avenues for […]

Egypt Energy Headlines

Egypt rebuts fuel contamination claims amid motorists’ rising concerns

In the face of mounting public disquiet and a swirl of viral online allegations, Egypt’s Ministry of Petroleum has firmly dismissed claims that tainted petrol is wreaking havoc on car engines across the country. Responding to a wave of social media posts depicting corroded fuel tanks and vehicle breakdowns—particularly those attributed to 92 and 95-octane […]

Africa Energy Headlines International

Senegal reports record oil sales from Sangomar field

Senegal’s Sangomar oil field, located 100 kilometers off the coast of Dakar, achieved “record sales” of nearly 4 million barrels of oil in April, Energy, Petroleum and Mining Minister Birame Souleye Diop announced. “I would like to announce exclusively that we have made a record sale of 3.8 million barrels from the Sangomar oil field […]