Columns Energy Europe Headlines International Morocco Opinions

Algeria further undermines its market share in Spain’s gas market

When Algeria halted its biggest gas pipeline with Spain in late 2021, decision-makers in Madrid knew that Algiers’ reliability as an energy supplier was called into question. In a series of self-defeating measures, Algeria has announced a technical problem in the small Medgaz pipeline, effectively halting all exports to Spain and further pushing the country […]

Energy

UN report: Africa, still too reliant on commodities exports, needs to diversify

Nearly 60% of African countries remain dependent on exports of commodities despite decades-long efforts to diversify. Therefore, a shift especially to technology and financial services, among other sectors, could help them withstand economic shocks, a study recently published by the United Nations Conference on Trade and Development (UNCTAD) argues. UNCTAD’s Economic Development in Africa Report […]

Energy

EU seeks to replace gas from Russia with Nigerian supplies

The European Union has intensified pressure on Nigeria to supply additional gas to Europe as it attempts to wean itself off Russian gas on the back of Vladimir Putin’s war with Ukraine. With the bloc preparing for potential Russian supply cuts, Nigeria’s Minister of State, Petroleum Resources, Chief Timipre Sylva, has called for collaboration with […]

Asia Energy Headlines International Morocco

Morocco’s agency for sustainable energy, India’s largest energy conglomerate sign MoU on renewable energy projects

The Moroccan Agency for sustainable energy (MASEN) and India’s National thermal power corporation (NTPC) signed a memorandum of understanding, providing for carrying out of joint projects in the field of renewable energy. Under the MoU, MASEN and NTPC will work on capacity building and share their experiences and expertise in the renewable energy field. The […]

Egypt Energy Headlines

Egypt starts construction of first nuclear plant with Russian expertise

Egypt and Russian energy company Rosatom have announced the beginning of construction work of the North African country’s first nuclear plant. The plant is being built at El-Dabaa on the country’s north coast and is expected to have four units, each with a generating capacity of 1,200MW. The project has been in the pipeline since […]

Asia Energy Headlines International

Vladimir Putin phones Saudi Crown Prince after Joe Biden’s visit

Saudi Arabia’s crown prince Mohammed Bin Salman, received a phone call from the president of Russia, Vladimir Putin, on Thursday to discuss a host of issues including bilateral relations between their countries and ways to develop them in various fields, the kingdom’s news agency SPA has reported. The two leaders also touched on the most […]

Energy Headlines Morocco

Morocco: Chariot upgrades resources estimates for the Anchois offshore gas project

The Africa-focused energy group Chariot has has announced a material increase in its gas resources offshore Morocco, validating its decision to fast-track its field development plans for the Anchois gas project in Larache. On Wednesday, Chariot shared the results of an independent assessment by Oil & Gas consultant Netherland Sewell & Associates which has reviewed […]

Energy Europe Finance Headlines International Morocco

EBRD & Climate Technology Fund support repowering wind farm in Morocco

The European Bank for Reconstruction and Development (EBRD) co-finances the repowering of the Koudia Al Baida wind farm in the north of Morocco. The EBRD is providing a senior loan of up to €44 million to the Koudia Al Baida Energy Company S.A., owned by the Moroccan Agency for Sustainable Energy (MASEN) and EDF Renewables. […]

Energy Headlines Libya

Sacked NOC boss rejects Prime Minister Abdulhamid Dbiebah’s decision

Mustafa Sanalla Wednesday defied Tripoli-based PM Abdulhamid Dbiebah as he visited the headquarters of the National Oil Corporation (NOC) following his sacking arguing that the Premier is illegal as his mandate has expired. Pictures posted by NOC on social media showed Sanalla being greeted by employees of the company and security personnel. In a speech, […]

Energy Headlines International Morocco

Morocco-Nigeria Gas Pipeline Project: ILF & DORIS picked up for phase II FEED Studies

The International consulting firms ILF and DORIS Engineering have been chosen to conduct phase II of the FEED (Front End Engineering Design) study of the Morocco-Nigeria gas pipeline project, a key strategic undertaking for Africa’s energy development and sovereignty. The onshore and offshore gas pipeline will cross the land and waters of 16 countries along […]