First Independent Mena Newspaper
International media outlets have widely praised Morocco for its proactive and highly coordinated management of the February 2026 floods, emphasizing that lives could have been lost had authorities not acted swiftly and with exceptional preparedness. Reports from European and international news organizations underscored that Morocco’s rapid mobilization, army deployment, early planning, and large-scale evacuations played […]
The Libyan Ministry of Oil and Gas announced that it collected a total of LYD 1,947,725,346.002 in royalties, taxes and related fees from concession and participation contract companies during January 2026. The breakdown shows that surface rentals contributed LYD 714,346.402, royalties amounted to LYD 127,731,131.644, and tax revenues totalled LYD 1,819,279,957.956. The ministry noted that crude oil accounted for the […]
Morocco launched in Casablanca this week Solar Rooftop 500 (SR500), marking a decisive energy transition milestone through the first concrete implementation of Paris Agreement Article 6.2 in the Kingdom. The Renewable Energy Cluster, Africa Climate Solutions, and Swiss Embassy partnership aims deploying 500 megawatts of rooftop photovoltaic solar by 2030, enabling industrial and tertiary enterprises […]
An international consortium, composed of American Ortus, Spanish Acciona and German Nordex, has signed an agreement with the Moroccan government on the land site designed for hosting a $4.5 billion ammonia production project in Moroccan Saharan city of Laayoune. According to Arabic “Asharq Business” online news platform, the agreement was signed Thursday in Rabat in […]
Morocco continues solidifying its strategic platform status in the electric vehicle industry, attracting growing numbers of international investors as its clean energy vehicle manufacturing ecosystem expands through successive major industrial player arrivals. Shanghai Ingin Auto Technology marks the latest entrant reinforcing this industrial momentum following announcements from Shanghai Jinxiu Shanhe Automotive Technology and Sino-European group […]
Morocco’s House of Representatives approved legislation Tuesday transforming the National Office of Hydrocarbons and Mines (ONHYM) into a joint-stock company, positioning the entity as a strategic lever capable of meeting international competition challenges. The majority-backed Law 56.24 represents the sector’s first major institutional reform since 2020. Energy Transition and Sustainable Development Minister Leïla Benali explained […]
Morocco’s Energy Transition Ministry has suspended all tenders linked to the planned pipeline and a gas terminal at Nador West Med after the Ministry of Economy and Finance formally opposed the project, according to Reuters. The freeze halts the selection process launched in December for what was set to be one of the country’s most […]
Tesla will enter the Moroccan market on February 6 with a launch event at Casablanca’s AnfaPlace Mall, where it will showcase the Model 3 and Model Y, Electrek reported. The event marks the automaker’s first official expansion into North Africa. Tesla’s Morocco website is now live. Morocco’s car sales hit 179,013 units in 2024, up […]
The global green hydrogen market confronts a fundamental obstacle that threatens to derail its anticipated growth trajectory. A recent policy analysis by Gi2 identifies what researchers Badr Ikken and Zineb Moulane call an “industrial paradox”—producers stand ready to invest, yet potential buyers refuse to commit without clear visibility on volumes, pricing, and technical standards. This […]
American Murphy Oil Corporation will carry out exploration drilling in Morocco’s Gharb Deep Offshore water bloc under an agreement signed lately with the National Office of Hydrocarbons and Mines (ONHYM). “We are excited about our entry into Morocco, which offers exposure to exploration in a frontier basin with attractive entry costs and competitive terms. This […]