Swedish Azelio company has launched lately its renewable energy storage system at the Noor Ouarzazate solar complex (southern Morocco) within the fram...
Libya loses $2bn over oil production shutdowns
In Libya, losses from the shutdown of major oil fields and terminals had surpassed $2bn, the National Oil Corporation of the war-torn nation said. Pro...
Morocco, Spain pool efforts to support scientific research in energy sector
The financing agreements for the first projects to be selected under “INNO ESPAMAROC ENERGY,” were signed in Rabat this week to give substance to the ...
Egypt’s EGAS Signs $43m Oil Exploration Deal with Wintershall Dea
The Egyptian Ministry of Petroleum & Mineral Resources signed a new agreement with the Egyptian Holding Company for Natural Gases “EGAS̶...
UAE: CAFU to open shop in Egypt, first market in Africa
Emirati on-demand petroleum product supplier, CAFU, will begin operations in Egypt under a Memorandum of Understanding with the Egyptian General Petro...
Egypt: ITFC earmarks $1.1bn for energy, internal trade funding in 2020
The International Islamic Trade Finance Corporation, IFTC, has allocated to Egypt $1.1 billion destined to fund the energy sector and internal trade i...
Algeria: State-run Sonatrach CEO Sacked
Kamel Eddine Chikhi, Chief of state-owned energy firm Sonatrach, was sacked Wednesday only three months into the job. A presidential decree, re...
Nexans Maroc to Set up 2.5 MW Photovoltaic Rooftop at its Mohammedia Plant
Nexans Maroc and ENGIE Services Maroc recently signed a 15-year contract for the design, construction, supply, upkeep and maintenance of a photovoltai...
SDX Energy Finds Gas in Morocco’s Northwest
The UK-based SDX energy announced a new discovery in north western Morocco, which, it said, is above pre-drill estimates. The company has encountered ...
EU Signs four Financial Guarantees to Unlock Investment in Africa, EU Neighborhood
The European Commission (EU) signed four guarantee agreements worth €216 million that will help unlock €2 billion to be invested in renewables, urban ...