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Category: Energy
Is Morocco planning to restart its sole refinery?
The recent decision by the Moroccan state to rent the storage platforms of Samir refinery was seen by staff and analysts as a first step ... Read More
World Bank highlights Morocco’s wind energy potential
The World Bank has highlighted Morocco’s wind energy potential that it described as “great”. This came in a World Bank analysis of emerging markets for ... Read More
Morocco to rent Samir refinery storage platforms
The judge supervising the liquidation of the Samir refinery has accepted a state offer to rent its storage platforms in order to secure Morocco’s oil ... Read More
Morocco best African energy transition performer-World Economic Forum
Morocco topped African and MENA region countries in the 2020 energy transition index published by the World Economic Forum. Morocco was ranked among the countries ... Read More
Lebanon:Arrest warrant against Algeria’s Sonatrach local CEO
A court in Lebanon has issued an arrest warrant against Chief of local Algerian oil company Sonatrach after the company has been accused of selling ... Read More
Algeria’s Sonatrach, Russian Lukoil ink cooperation MoU
Algeria’s state-run oil company Sonatrach and Russia’s Lukoil on Monday signed a Memorandum of Understanding (MoU) covering many cooperation areas including joint investment and production ... Read More
Algeria’s crude prices drop below production cost
Algeria’s crude oil, Saharan blend, dropped below production costs and is now sold at a loss at $11.72 per barrel boding ill for the country’s ... Read More
Algeria’s Lebanon-based Sonatrach subsidiary mired in corruption, adulterated fuel
A court in Lebanon has ordered the arrest of 17 people, including the Chief of Sonatrach Petroleum (SPC), a subsidiary of Algeria’s state-run oil company, ... Read More
State-run Sonatrach inks exploration & partnership MoU with Exxon
Gas and oil giant Sonatrach has signed a Memorandum of Understanding (MoU) with US Exxon to identify exploration opportunity in the North African country and ... Read More
African Union, IRENA to advance renewables in response to COVID-19
The African Union Commission (AUC) and the International Renewable Energy Agency (IRENA) have agreed to work closely to advance renewable energy across the continent to ... Read More