First Independent Mena Newspaper
Morocco is set to reach its goals in renewable energy, meet its own demands and become a regional exporter of clean energy to North Africa and Europe, writes Forbes magazine in its latest edition. The North African Kingdom has a total installed generating capacity of about 11,000 MW, 4,030 MW of which is renewables. An […]
Rio Tinto Group’s subsidiary in Guinea has formed an infrastructure joint venture with Winning Consortium Simandou (WCS) and the government to develop a railway and port, paving the way for work to resume on the world’s largest undeveloped iron ore project. The joint venture for the Simandou is a milestone for Rio and WCS, whose […]
UK start-up Xlinks has chosen Canadian engineering consulting firm WSP to provide technical advisory services for the tendering process for four HVDC converter stations and ancillary works for the Morocco-UK Power Project. WSP will support the procurement process for converter stations in the UK and Morocco, UK grid connection works, connection to the generation assets […]
Côte d’Ivoire, which aspires to become a “major” oil producer by 2023, has announced a new discovery of oil and natural gas by Italian hydrocarbon giant ENI, thus effectively expanding its potential reserves found last year by 25%. In September 2021, ENI announced a „major discovery” of offshore oil and gas resources in Ivory Coast, […]
Construction work of the first solar photovoltaic power plant in the Tangier-Tetouan-Al Hoceima region, with an installed capacity of 34 megawatts (MWp), was launched Tuesday in the commune of Hjar Nahal, in the Tangier-Assilah prefecture. The GPM1 solar power, developed by the Green Power Morocco Company for an overall investment of about 370 million dirhams […]
Libya authorities in charge of the country’s oil production indicated Tuesday oil production has increased 1.025 million barrels per day after a three-month decline owing to a wave of closures of oil fields and ports, Libya Observer reports. Chairman of the National Oil Corporation (NOC), Farhat Ben Qadara, and the Minister of Oil and Gas, […]
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 […]
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 […]
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 […]
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 […]