First Independent Mena Newspaper
An international consortium, composed of American Ortus, Spanish Acciona and German Nordex, has signed an agreement with the Moroccan government on the land site designed for hosting a $4.5 billion ammonia production project in Moroccan Saharan city of Laayoune. According to Arabic “Asharq Business” online news platform, the agreement was signed Thursday in Rabat in […]
Morocco continues solidifying its strategic platform status in the electric vehicle industry, attracting growing numbers of international investors as its clean energy vehicle manufacturing ecosystem expands through successive major industrial player arrivals. Shanghai Ingin Auto Technology marks the latest entrant reinforcing this industrial momentum following announcements from Shanghai Jinxiu Shanhe Automotive Technology and Sino-European group […]
Morocco’s House of Representatives approved legislation Tuesday transforming the National Office of Hydrocarbons and Mines (ONHYM) into a joint-stock company, positioning the entity as a strategic lever capable of meeting international competition challenges. The majority-backed Law 56.24 represents the sector’s first major institutional reform since 2020. Energy Transition and Sustainable Development Minister Leïla Benali explained […]
Morocco’s Energy Transition Ministry has suspended all tenders linked to the planned pipeline and a gas terminal at Nador West Med after the Ministry of Economy and Finance formally opposed the project, according to Reuters. The freeze halts the selection process launched in December for what was set to be one of the country’s most […]
Tesla will enter the Moroccan market on February 6 with a launch event at Casablanca’s AnfaPlace Mall, where it will showcase the Model 3 and Model Y, Electrek reported. The event marks the automaker’s first official expansion into North Africa. Tesla’s Morocco website is now live. Morocco’s car sales hit 179,013 units in 2024, up […]
The global green hydrogen market confronts a fundamental obstacle that threatens to derail its anticipated growth trajectory. A recent policy analysis by Gi2 identifies what researchers Badr Ikken and Zineb Moulane call an “industrial paradox”—producers stand ready to invest, yet potential buyers refuse to commit without clear visibility on volumes, pricing, and technical standards. This […]
American Murphy Oil Corporation will carry out exploration drilling in Morocco’s Gharb Deep Offshore water bloc under an agreement signed lately with the National Office of Hydrocarbons and Mines (ONHYM). “We are excited about our entry into Morocco, which offers exposure to exploration in a frontier basin with attractive entry costs and competitive terms. This […]
Morocco is consolidating a long-term gas strategy as record Spanish imports and major LNG and pipeline tenders signal a shift from emergency arrangements to a structured national gas system designed to cut coal dependence, stabilize the grid and support industrial demand. Morocco imported 10,375 gigawatt-hours of natural gas from Spain in 2025, a 7% increase […]
Libya has signed new energy deals with France’s TotalEnergies and US oil major ConocoPhillips aimed at sharply increasing crude production and modernizing aging infrastructure, in a move that could put the North African country on track to challenge Nigeria as Africa’s top oil producer. The agreements were signed through Waha Oil Company, a subsidiary of […]
King Mohammed has hailed the historic success of the African Cup of Nations hosted by Morocco December 21 through January 18 and extended his sincere thanks to all segments of the Nation whose dedication and commitment ensured the outstanding success of this major event, through which Morocco has provided, on its soil, a month of […]