Emerging Markets Energy Headlines Morocco

Morocco’s MASEN, main interlocutor for green hydrogen investors

Morocco’s green hydrogen offer to investors has assigned a prominent role to the country’s sustainable energy agency MASEN as the main interlocutor for investors. The agency is tasked with examining projects by investors and coordinating between them and authorities. On March 10, the Prime Minister’s office said the offer is ready and promised 1 million […]

Africa Energy Headlines International

Niger to start exporting oil to Benin in April

Niger is expected to increase its oil production five-fold thanks to a pipeline linking the country to Benin, which will start operating in April. Niger military ruler had announced that the initial shipment would take place in January this year but sources told S&P Global Commodity Insights that first oil deliveries will only take place […]

Energy Headlines International Morocco

Morocco unveils its green hydrogen offer

Morocco is planning incentives and allocating 1 million hectares at a first phase to promote investors in green hydrogen. King Mohammed VI has given his instructions to the government to put forward a Moroccan green hydrogen offer “to make sure the requirements of quality are observed, to leverage our country’s significant potential in this regard, […]

Africa Energy Headlines International

Italy’s Eni announces oil, gas discovery offshore Côte d’Ivoire

Italy’s Eni said it found significant reserves of oil and gas offshore Côte d’Ivoire, with a specific well in particular having as much as 1.5 billion barrels of oil equivalent of potential resources. This will be Eni’s second big hydrocarbon discovery off the West African nation over the past few years following on from its […]

Americas Energy Headlines International Morocco

Morocco, USA ink 2024-2027 cooperation action plan on environment, sustainable development

Morocco and the United States have signed the fourth cooperation action plan in the fields of environment and sustainable development, covering the 2024-2027 period. The plan, initialed in Rabat on Wednesday by Minister of Energy Transition and Sustainable Development, Leila Benali, and the US Ambassador to Morocco, Puneet Talwar, aims to bolster the two parties’ […]

Energy Europe Finance Headlines International Morocco

Morocco-EU: Launch of “Just Transition” project for successful climate policy

The “Just Transition” project aimed at supporting Morocco’s efforts to implement its climate policy was launched on Wednesday in Rabat, by the European Union and Morocco. The project, worth over €10 million (approximately 109 million dirhams), is co-financed by the German Ministry for Economic Cooperation and Development (BMZ) and the European Union (EU). Entitled “Just […]

Emerging Markets Energy Headlines Morocco

Moroccan city and inter-city rails transporters go green

Rabat tramway has become the latest to join a green momentum announcing that it will operate its city trains on solar energy. The company in charge of Rabat’s tramways RRM said its trains will operate on electricity supplied by urban photovoltaic panels to further cut its electricity cost from 25 billion dirhams. It has already […]

Emerging Markets Energy Europe Headlines International Morocco

Xlinks appoints new CEO to lead Morocco – UK Power Project

Xlinks said it has appointed James Humphery as its new CEO to lead the Xlinks Morocco – UK Power Project, as the company grows in activity and scope. “With the anticipated growth of Xlinks’ portfolio, the Xlinks Morocco – UK Power Project, now requires a dedicated CEO as it continues to progress its mission to […]

Africa Energy Headlines International

Sub-Saharan Africa: Investment in renewables needs to increase five-fold to meet COP28 goals

Sub-Saharan Africa’s investment in renewable energy needs to be boosted five-fold to meet the commitment of increasing global clean energy capacity to 11,500 gigawatts by 2030, according to a recent study. At COP28, governments reached a consensus to triple global renewable energy installations by 2030, to cap global warming at 1.5°C. But for Sub-Saharan Africa […]

Business Energy Finance Headlines

Avoiding ‘resource curse’: why Africans benefit little from big oil and gas finds

Senegal joins other African countries like Nigeria or Namibia that have struggled to manage their oil and gas resources discovered in recent years for the real benefit of the people, including by improving the energy situation at home. The oil and gas finds in Africa have rarely lived up to their promise, often doing more […]