First Independent Mena Newspaper
The Moroccan government plans to develop a liquified natural gas (LNG) infrastructure in the northeastern port of Nador, currently under construction. The announcement came in a gas infrastructure roadmap signed by Morocco’s equipment, interior, finance, and energy departments. The road map “is in line with Morocco’s steady commitment to foster its energy sovereignty and decarbonize […]
The disruption of oil exports from South Sudan after one of its key oil pipelines to international markets was damaged in February could further escalate already acute level of violence and in security in the country, experts have warned. South Sudan depends on its northern neighbor Sudan to export its oil, but Khartoum has recently […]
The Libyan government based in Tripoli suspended oil minister Mohamed Oun, as investigations are ongoing into his involvement in alleged corruption, a Libyan watchdog known as Administrative Control Authority (ACA) said. Oun said he will contest the decision, adding that he has not received a notice yet. Libyan media cited an ACA statement which confirms […]
Mauritania is expected to report the highest growth rate in Africa by 2025 at 14.5% as the west African country taps into newly found gas, phosphates, and uranium resources, the IMF said. In 2024, the IMF expects the Mauritanian economy to grow by 4.3% with the beginning of production in the Grand Tortue Ahmeyim (GTA) […]
Nigerian army has, over the past two days, successfully rescued more than 150 “unharmed” pupils and teachers who were abducted by gunmen from a school in the country’s northeast earlier this month. The kidnapping in Kaduna state on 7 March, one of the biggest such attacks in years, has prompted a national outcry over security. […]
Saudi renewable energy company, Acwa Power, said a new breakdown will leave a solar plant in Noor Ouarzazate project idle until November 2024, totaling losses estimated at 47 million dollars. The breakdown was due to a storage problem, it said in a statement on the Saudi Stock Exchange, adding that it was planning to build […]
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, […]