Energy Europe Headlines International Morocco

Morocco eyes huge hydrogen projects for export to Europe – Bloomberg

Morocco is considering partnering with Gautam Adani — Asia’s richest person — on a large-scale hydrogen project amid a renewable energy push to meet demand at home and in Europe. Authorities are thinking of signing final investment decisions for “at least two competitive industrial projects” in 2023, Moroccan Energy Transition Minister Leila Benali told Bloomberg […]

Asia Energy Headlines International Morocco

Natural Gas Exploration: Israeli energy company seals offshore deal with Morocco

Israeli NewMed Energy firm announced on Tuesday it has signed a deal with Morocco’s hydrocarbon authority and Adarco Energy for offshore natural gas exploration and production in the north African kingdom. Under the terms of the agreements, NewMed and Adarco will each hold a 37.5 pc stake in the Boujdour Atlantique exploration license, located off […]

Energy Headlines International Morocco

Morocco, Australia discuss cooperation in renewables & counterterrorism

Cooperation prospects between Morocco and Australia in renewable energy, green hydrogen and counterterrorism were at the center of talks held in Rabat by Australia’s assistant foreign Affairs minister Jim Watt with Moroccan government officials. On Tuesday, he was received by foreign minister Nasser Bourita. They discussed bilateral relations, common challenges and latest developments on the […]

Africa Energy Headlines International Morocco

Nigeria-Morocco Pipeline: ONHYM, NNPC sign MoUs with five African countries concerned by the Project

Five tripartite Memoranda of Understanding (MoUs) were signed on Monday in Rabat, within the framework of the Nigeria-Morocco Gas Pipeline project. These MoUs were signed respectively and successively by Morocco and Nigeria, on the one hand, and by Gambia, Guinea Bissau, Guinea, Sierra Leone and Ghana, on the other. The Moroccan National Office of Hydrocarbons […]

Business Columns Energy Headlines Morocco

OCP sets green transition example for Moroccan industry

Moroccan phosphates and fertilizers producer is setting the example for other industry giants in Morocco by adopting an ambitious roadmap to reach carbon neutrality by 2040 starting with a shift to fully rely on renewable energy in fertilizers production by 2027. The new plan is part of Morocco’s efforts, spurred by the leadership of King […]

Energy Headlines

Gabon to unleash $20.5m to support US-bound export over next three years

Gabon announced Thursday plans to inject around $20.5 million to support exports towards the U.S over next three years, reports say. Yves Fernand Manfoumbi, the Minister of Trade of the African country, announced the move adding that the strategy will tap into support from bilateral and multilateral financial partners. “This strategy will be financed by […]

Africa Energy International

Nigeria’s state-owned oil giant launches its first drilling site in country’s north

Drilling for oil and gas began in Nigeria’s northeast this week, a first for the African oil giant, NNPC, which has exploited large deposits in the south for decades and whose production is declining. During a visit in the Kolmani field, located in Gombe and Bauchi states, to inaugurate the drilling site, Nigeria’s President Muhammadu […]

Business Energy Headlines Morocco

Morocco’s King urges Gvt, stakeholders to accelerate development of renewable energies, green hydrogen

King Mohammed VI has urged the Government and all stakeholders to speed up the development of renewable energies, especially solar and wind energy, as well as green hydrogen and to endeavor to attract more domestic and foreign investment in the sector. Building on its progress, Morocco should accelerate the deployment of renewable energy in order […]

Energy Headlines Morocco

COP-27: Morocco’s King leadership hailed by high-level meeting of three African Climate Commissions

The high-level meeting of the three African Climate Commissions has praised the leadership of King Mohammed VI and Morocco’s noteworthy support on the sidelines of the COP-27 climate change summit currently held in Sharm el Sheikh, Egypt. In a press release issued at the end of the high-level meeting, participants recognized Morocco’s role and contributions […]

Business Energy Headlines International Morocco

Bloomberg picks Marrakech for global economy forum, lauds King’s climate action leadership

International financial news agency Bloomberg said it picked Marrakech to host its first conference titled “Bloomberg New Economy Gateway Africa,” in June 2023, highlighting Morocco’s climate leadership in Africa under the leadership of King Mohammed VI. Michael R. Bloomberg made the announcement on the closing day of the Bloomberg New Economy Forum in Singapore. This […]