First Independent Mena Newspaper
The National Oil Corporation (NOC) announced that daily crude oil production has surpassed its annual target, reaching 1,405,609 barrels of crude oil and an additional 52,633 barrels of condensates. This milestone highlights the resilience and dedication of workers at production sites across the country, despite persistent challenges such as delays in the disbursement of the […]
A satellite image captured above Nigeria’s Niger Delta in 2021 revealed a swath of barren land near Port Harcourt—once lush farmland, now rendered unusable. This site was on a cleanup list maintained by the United Nations Environment Programme (UNEP), which aimed to restore lands scarred by thousands of oil spills. Instead, the site was left […]
Morocco will expand its petroleum product storage to 1.8 million cubic meters by 2030, which would cover an additional 41 days of national consumption, Morocco’s Minister of Energy Transition and Sustainable Development Leila Benali said. Benali, speaking before the Upper House, explained that the investment cost of these projects is 5 billion dirhams, which is […]
The Greater Tortue Ahmeyim (GTA) gas production project, spanning Senegalese and Mauritanian waters, has reached 97% completion as of September 2024, according to British Petroleum (BP) and its partners. This update was shared during the inauguration of solar-powered cold storage containers and an information center in Saint-Louis, Senegal, on December 17. In a joint press […]
Many African countries still depend solely on food importation to survive regardless of their large land areas, says a new report by the African Export-Import Bank (Afreximbank) that also reveals that all countries on the continent together spend an average of $50 billion annually importing foods. “The nations of Africa together import approximately $50 billion […]
A source familiar with Libya’s oil sector has alleged that the National Oil Corporation (NOC) is publishing inflated production figures to evade accountability for the utilization of a 60 billion Libyan dinar budget allocated to increase oil output. According to the source, OPEC’s monthly report, released on December 13, 2024, stated that Libya’s crude oil […]
The Egyptian Government plans to drill 46 new oil and gas wells this fiscal year, with an investment of $748.5 million. Minister of Petroleum and Mineral Resources, Karim Badawi, announced on Monday that 15 agreements are in the pipeline, accompanied by $20 million in signing bonuses. The Government aims to boost domestic output, reduce imports, […]
Libya’s state-owned National Oil Corporation (NOC) declared force majeure at its 120,000 b/d Zawiya refinery on Sunday following clashes between armed groups near the facility. NOC said a number of storage tanks were hit, causing fires. These were subsequently brought under control, it added. Zawiya is Libya’s largest operational refinery, with most of its production […]
The Atlantic gas pipeline that will connect Morocco to Nigeria has a potential to boost economic integration across 13 African states, boost energy supply in West Africa and power the region’s economies, head of Morocco’s mines and hydrocarbons agency ONHYM Amina Benkhadra said. The pipeline, to be achieved at an estimated cost of $26 billion, […]
The power plant “His Majesty King Mohammed VI,” offered by Morocco to Niger upon the high instructions of King Mohammed VI, was inaugurated this Thursday Dec.12, in Niamey. The inauguration ceremony was organized under the high patronage of Brigadier General Abdourrahmane Tiani, President of the National Council for the Safeguard of the Homeland (CNSP), and […]