First Independent Mena Newspaper
A final investment decision (FID) to build the Nigeria-Morocco gas pipeline is expected to be reached by the end of 2024, chief of state-owned Nigerian National Petroleum Company (NNPC) said. The pipeline, to cost about $25 billion, runs 7000 kilometers both on-shore but mostly offshore. “There is ongoing engagement on the Nigeria Morocco Gas Pipeline […]
Africa will play a “huge role” in America’s critical mineral strategy, says US Deputy Treasury Secretary Wally Adeyemo who used his five-day trip to South Africa to express his country’s ambitions of securing metals needed for the global energy transition. Africa’s natural richness, which includes many so-called critical minerals, such as chromium, cobalt, copper, gold, […]
Côte d’Ivoire is in the process of meeting the criteria to join the OPEC, the country’s oil and mining minister amadou Sangafowa Coulibaly announced. This came few days after ENI said it found significant reserves of oil offshore Côte d’Ivoire, with a specific well in particular having as much as 1.5 billion barrels of oil […]
UK Company Chariot has decided to conduct a strategic review of its “Transitional Power” division which is present in South Africa, providing sustainable power and water solutions in renewable energy generation and electricity trading. Since 2020, Chariot has built a transitional energy group spanning natural gas, renewables, and green hydrogen. As these divisions have grown, […]
Morocco, which has released an offer to investors, expects to sign the first preliminary contracts to produce green hydrogen in the country in the fourth quarter this year. Some 100 investors have expressed interest in Morocco’s green hydrogen potential, said Mohcen Jazouli, minister in charge of investment in an interview with Medias24. Investors will have […]
Xlinks, which plans to export renewable energy from Morocco to the UK, said it is also assessing feasibility of other links with markets including Germany. This came in a statement in response to a Bloomberg article claiming the British company is abandoning the UK for the German market. “Xlinks was founded to promote the development […]
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 […]
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 […]
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, […]
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 […]