First Independent Mena Newspaper
OPEC oil production increased from its lowest levels this year, on the back of a surge in Libyan oil output, Reuters reported. The Libyan oil production increased following the settlement of a crisis that left the central bank in uncharted territory. Libyan output has fully recovered after the country’s eastern-based government and Tripoli-based National Oil […]
The United States’ ambitions to de-risk its critical minerals from China’s supply chains may be complicated by Chinese control of cobalt and other resources from Africa, most notably the Democratic Republic of Congo (DRC), a new study finds. The study, recently released by the London-based minerals research and pricing firm Benchmark Mineral Intelligence, found that […]
Morocco’s port agency ANP has launched a tender for a study to transform the Atlantic Port of Tan Tan into a green hydrogen export hub. The port is part of a Moroccan green hydrogen offer that was unveiled last March, dedicating 300,000 hectares to green hydrogen projects. So far, the agency in charge of filtering […]
A gas pipeline that will connect Nigeria to Morocco has reached the land acquisition stage, the Nigerian National Petroleum Company Limited (NNCPL) said. Surveys are currently underway for Environmental and Social Impact Assessments of the project that will cost some 25 billion dollars and benefit 13 countries in West Africa. The update was given at […]
The International Monetary Fund (IMF) has projected that Libya will lead the Arab world in economic growth by 2025, anticipating an impressive growth rate of 13.7%. According to a recent report from the IMF, Libya’s economic growth is expected to escalate from a modest 2.4% in 2023 to this remarkable figure in 2025, positioning the […]
Gotion Power Morocco, a subsidiary of Chinese giant Gotion High Tech, signed a deal under which Saudi Arabia’s ACWA Power will build a 500MW wind plant, worth 800 million dollars. The plant will be equipped with 2000 MW battery storage system and will help power the EV battery plant that Gotion Power Morocco is building […]
Murray Auchincloss, Chief Executive Officer (CEO) of British Petroleum (BP), announced Wednesday October 30, significant progress towards the upcoming exploitation of the Ahmeyim liquefied natural gas (LNG) project, situated off the coasts of Mauritania and Senegal. BP is anticipating the commencement of production and export operations in early 2025, a development that underscores the growing […]
According to sources close to Taqadoumy, David Campbell, BP’s Executive Vice-president, visited Nouakchott over the week-end, meeting with Government officials from the energy sector. Following his visit, Campbell traveled to Dakar to discuss ways to resolve any remaining differences between Mauritania and Senegal, as the Ahmeyim LNG project nears its production and export phase. Campbell’s […]
The Moroccan government reviewed the legal framework governing the allocation of land plots to green hydrogen projects, part of a “Morocco Offer” to investors. Morocco had identified 300,000 hectares in its southern provinces to be allocated to green hydrogen projects, as it seeks to tap into available sun and wind to develop a green hydrogen […]
On October 14, Prime Minister Abdul Hamid Dbeibah announced a significant milestone for Libya’s oil sector, reporting that oil and condensate production had reached an impressive 1,305,059 barrels per day (bpd). This achievement is a testament to the resilience and hard work of national workers across various oil fields, as well as the strategic leadership […]