First Independent Mena Newspaper
Morocco has taken a decisive step toward its energy future with the National Office of Electricity and Drinking Water launching, earlier this month, Africa’s first Smart Grid platform at the Center for Electrical Sciences and Technology. This initiative, financed by the African Development Bank with over four million dirhams, positions the kingdom as a continental […]
South Sudan has confirmed it requested $2.5 billion in oil-backed loans from two international firms, exceeding the country’s annual budget of less than $2 billion. The Petroleum ministry said on Thursday that the requests, sent in late October, were preliminary and intended solely for official Government purposes. The loans comprise $1 billion from ONGC Nile […]
Contrary to claims circulating in Algerian media, Morocco does not face butane price increases linked to halted Algerian exports—primarily because the Kingdom stopped importing Algerian butane three years ago. Several Algerian news outlets recently asserted that Morocco faces butane price hikes in early 2026 due to Algeria cutting gas exports to the Kingdom, supposedly causing […]
On Wednesday, November 5, 2025, Senegal’s Minister of Energy, Petroleum and Mines, Birame Soulèye Diop, has announced plans for the completion of a national gas pipeline by 2027. Speaking in Diamniadio during the 8th edition of the Senegal International Mining Exhibition, Mr. Diop said the project aims to transport natural gas across the country, linking […]
Morocco has reaffirmed its commitment to a sustainable energy future with a new strategic agreement aimed at boosting electricity production from renewable sources to 52% of installed electricity capacity by 2030. The agreement brings together the Moroccan government, the National Office of Electricity and Drinking Water (ONEE), the Moroccan Agency for Sustainable Energy (MASEN), and […]
Libya’s National Oil Corporation has confirmed a significant oil discovery in the Ghadames Basin, approximately 450 kilometers southwest of Tripoli, marking a fresh milestone in the nation’s energy ambitions. The exploratory well, drilled under the oversight of the Arabian Gulf Oil Company, is estimated to produce 4,675 barrels of crude oil and two million cubic […]
Morocco’s green transition strategy could generate up to $8 billion in revenue by 2030 through integration with the European carbon market, representing over 3% of GDP, according to an International Monetary Fund report published in April 2025. The IMF utilized a global macroeconomic model covering 15 regions and 14 sectors to simulate the impact of […]
Tunisia’s Ministry of Industry, Mines, and Energy has clarified that the decrease in production at the Al Borma oil field stems largely from a natural annual decline of approximately 8 percent, compounded by operational hurdles linked to the financial difficulties of the Italo-Tunisian Petroleum Exploitation and Distribution Company (SITEP). Responding to a parliamentary inquiry by […]
Libya’s National Oil Corporation (NOC) has announced a significant new oil discovery in the Sirte Basin, located in central Libya. The find was made by the Austrian energy company OMV through its Libyan branch, marking the firm’s first exploration activity in the region. According to the NOC’s statement released on Wednesday, October 29, preliminary tests […]
Morocco’s state-owned phosphate giant, OCP Group, is set to close 2025 with investments totaling 53 billion dirhams – as part of an already announced 13 billion-dollar investment plan by 2030- driven by major projects including the expansion of fertilizer production capacity, according to a government report attached to the 2026 draft finance bill. Published by […]