First Independent Mena Newspaper
Morocco’s trade unions have called again for the reopening of Saudi-owned “Samir” refinery which stopped operations in 2015 due to mounting debts exceeding $4.4 billion. The facility has remained closed while enduring prolonged legal, financial, and international arbitration battles over its debts. The Unions’ call comes after Morocco’s parliament rejected a proposal in June to […]
Predator Oil & Gas reported £1.52 million ($2.06 million) in net petroleum revenue for the first half of 2026 as the company prepares to begin drilling at its MOU-6 well in Morocco. The Jersey-based oil and gas company said it sold 52,130 barrels of oil between January and June from its producing fields in Trinidad, […]
Libya’s National Oil Corporation (NOC) has signed a production-sharing agreement with US energy company Chevron as the country seeks to attract investment and increase oil production. NOC Chairman Masoud Suleiman said the agreement represents an important step towards exploring and developing Libya’s hydrocarbon resources while strengthening partnerships with major international energy companies. Suleiman said the […]
The United States has eased its fertilizer restrictions on Morocco to manage a supply emergency, but the Kingdom could also become a key source of purified phosphoric acid—a crucial product tied to growing competition with China over battery production, supply chain integrity, and access to critical minerals, says Washington Institute for Near East Policy. In […]
Morocco has been named among the primary markets targeted by a proposed $200 million African energy transition fund designed to finance renewable energy and other low-carbon infrastructure projects across the continent, according to an Environmental and Social Management System assessment by the African Development Bank. The African Transition Acceleration Fund, known as ATAF, is targeting […]
A widespread power outage hit western, central and southern Libya early Monday after several major electricity generation plants went offline, according to local media and sources. The Zawiya and Khoms power plants in western Libya, along with the Ubari gas-fired plant in the south, were shut down simultaneously. The reasons for the outages remained unclear. […]
Libya’s National Oil Corporation (NOC) says it supplied 1.369 million metric tons of fuel to the local market in July 2026, with the estimated value reaching about $1.006 billion. The corporation said it received 1.378 million tons of fuel from local and international sources, including gasoline, diesel, LPG, kerosene and heavy fuel oil. Diesel accounted […]
Libya’s oil export revenues reached $15.234 billion in the first six months of 2026, exceeding the Government’s target of $13.985 billion by nearly 9%, according to data published by the Ministry of Economy and Trade. Crude oil production stood at about 246 million barrels during the period, slightly below the target of 252 million barrels. […]
In the wake of Spain’s self-inflicted migration crisis, analyses underpinned by Moroccophobia spawned in Spanish media. Some suggested Spain should consider cutting or threatening to cut electricity flows through the submarine cables to Morocco as leverage. Such proposals ignore the mutual benefits of the interconnection and risk exposing deeper economic interdependence, energy experts and bilateral […]
Morocco’s phosphate giant OCP Group has received approval to create two new subsidiaries under OCP Green Water dedicated to seawater desalination and water transport. The approval was published in the Official Gazette. The new entities are designed to secure industrial and drinking water self-sufficiency across two Moroccan regions: the central zone covering Marrakech, Youssoufia, Safi […]