First Independent Mena Newspaper
In a significant move towards sustainable energy, the steering committee for Morocco’s Green Hydrogen Initiative, known as “l’Offre Maroc,” held a meeting to discuss the criteria for projects after nearly 40 bids were submitted on a platform run by the Moroccan agency for sustainable energy MASEN. The committee emphasized transparency and competitiveness for bids across […]
On Monday September 2, the National Oil Corporation (NOC) declared force majeure on the El Feel oil field in southwestern Libya, citing circumstances beyond its control as the reason for this measure. According to the NOC’s statement, the declaration was necessitated by current issues affecting crude oil production in Mellitah, which have hindered its ability […]
Engineers from Libya’s Sarir, Messla, and Nafoura oilfields told Reuters on Saturday August 31, that they had received orders to resume production. This development marks a significant shift following a prolonged standoff between rival political factions that had led to the closure of most of the country’s oilfields. The resumption of operations was directed by […]
Ghana is taking a bold step into the nuclear age, signing a deal for its first atomic power plant using cutting-edge small modular reactor technology. This move puts the West African nation at the forefront of a global push for cleaner energy solutions. The agreement, inked at a US-Africa summit in Nairobi, will see Ghana […]
The National Petroleum, Gas and Biofuels Agency (ANPG) and Sonangol Exploração e Produção are set to enhance their exploration efforts in the Kwanza Basin’s onshore blocks, by employing specialized services to detect oil and other hydrocarbons. In a press release issued on August 28, the ANPG announced that the project is scheduled to commence in […]
Oil prices saw a modest rebound on Thursday August 29, recovering from two consecutive sessions of declines. This uptick was largely driven by renewed concerns about potential disruptions to Libyan oil supplies. Brent crude futures increased by nine cents, or 0.11%, reaching $78.74 per barrel. Similarly, U.S. West Texas Intermediate (WTI) crude futures climbed by […]
Côte d’Ivoire’s economic hub Abidjan is currently hosting a pivotal regional workshop aimed at reviewing the Intergovernmental Agreement (IGA) and the Host Country Agreement (HGA) for the Nigeria-Morocco Africa-Atlantic Gas Pipeline project. This crucial event, which runs until August 30, brings together experts and representatives from several West African countries alongside a Moroccan delegation. The […]
Libyan Prime Minister Abdul Hamid Dbeibah underscored the urgent need to hold accountable those responsible for the closure of the country’s oil fields during a meeting with Stephanie Koury, the Acting Head of the United Nations Support Mission in Libya. During their talks, on Wednesday, Dbeibah and Koury reviewed recent political developments in Libya and […]
The United Nations and the US have called for an “urgent” meeting of Libyan political leaders to address the crisis of the Central Bank of Libya (BCL) and the blockade of oil production and exports. The UN Support Mission in Libya expressed “deep concern” over the worsening situation and convened a meeting to seek a […]
Authorities in Eastern Libya announced on Monday, August 26, 2024, the closure of all oil fields and terminals and halted exports indefinitely amid a severe political crisis with the UN-recognized government in Tripoli. This move comes in response to Tripoli’s takeover of the Central Bank and the replacement of its governor, Al Siddik al Kabir, […]