The judge supervising the liquidation of the Samir refinery has accepted a state offer to rent its storage platforms in order to secure Morocco’s oil ...
Morocco best African energy transition performer-World Economic Forum
Morocco topped African and MENA region countries in the 2020 energy transition index published by the World Economic Forum. Morocco was ranked among t...
Lebanon:Arrest warrant against Algeria’s Sonatrach local CEO
A court in Lebanon has issued an arrest warrant against Chief of local Algerian oil company Sonatrach after the company has been accused of selling ad...
Algeria’s Sonatrach, Russian Lukoil ink cooperation MoU
Algeria’s state-run oil company Sonatrach and Russia’s Lukoil on Monday signed a Memorandum of Understanding (MoU) covering many cooperation areas inc...
Algeria’s crude prices drop below production cost
Algeria’s crude oil, Saharan blend, dropped below production costs and is now sold at a loss at $11.72 per barrel boding ill for the country’s struggl...
Algeria’s Lebanon-based Sonatrach subsidiary mired in corruption, adulterated fuel
A court in Lebanon has ordered the arrest of 17 people, including the Chief of Sonatrach Petroleum (SPC), a subsidiary of Algeria’s state-run oil comp...
State-run Sonatrach inks exploration & partnership MoU with Exxon
Gas and oil giant Sonatrach has signed a Memorandum of Understanding (MoU) with US Exxon to identify exploration opportunity in the North African coun...
African Union, IRENA to advance renewables in response to COVID-19
The African Union Commission (AUC) and the International Renewable Energy Agency (IRENA) have agreed to work closely to advance renewable energy acros...
Guinea: AfDB supports rural electrification with over €760,000
The African Development Bank (AfDB) has just awarded a grant of nearly €762,000 to Guinea. The amount, granted through the AfDB Sustainable Energy Fun...
ROSATOM inks long-term contract for supply of nuclear fuel components to ETRR-2 reactor in Egypt
Russian Novosibirsk Chemical Concentrates Plant (NCCP), an enterprise of ROSATOM’s TVEL Fuel Company, and the Egyptian Atomic Energy Authority have si...