Category: Energy

Is Morocco planning to restart its sole refinery?

May 21, 2020

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

May 20, 2020

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

May 17, 2020

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

May 16, 2020

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

May 6, 2020

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

May 5, 2020

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

April 29, 2020

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

April 28, 2020

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

April 21, 2020

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

April 17, 2020

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