Energy Europe Headlines International Morocco

Daily Express: Morocco can help UK avoid energy crisis & reliance on Russia

The UK has imposed harsh economic and financial sanctions on Russia following the war with Ukraine. And as the British government is preparing to cut energy ties with Russia, Morocco can help UK avoid energy crisis thanks to its abundant resources, according to Daily Express. In a bid to ditch Russian energy, Britain has pledged […]

Business Energy

Norwegian company wins $2Mln deal to power 4 poultry plants in Morocco with solar energy

Norwegian company “Empower New Energy” has won a $2 million contract to equip four poultry plants of Zalar Holding with solar photovoltaic panels for the production of electricity. The project is developed in partnership with the experienced Moroccan renewable energy company – JET Energy. It is expected to generate 3800 MWh per year. This will […]

Energy Headlines Maghreb Morocco

IEA supports Morocco’s decarbonization plan & energy transition

Morocco and the International Energy Agency (IEA) have signed a new cooperation program focusing on energy efficiency, energy security and climate resilience. Under the 2022-2023 program, signed in Paris by minister of Energy Transition & Sustainable Development Leila Benali and IEA Executive Director Fatih Birol, the agency pledges to support Morocco’s decarbonisation program, deployment of […]

Business Community Energy Finance Morocco

Morocco starts giving subsidies to transport professionals

The Moroccan government started distributing subsidies to professionals in the transport sector to help mitigate the impact of the surge in energy prices on the purchasing power of citizens, marking a U-turn in its subsidies policy. This aid will benefit 180,000 professionals in different transport sectors including taxis, trucks, buses, inter-city travel and tourist transport. […]

Africa Energy Headlines International Maghreb Morocco

Renewable Energies: Morocco among top 5 countries poised to become a global floating offshore wind power giant

A recently released report by the Global Wind Energy Council (GWEC) ranks Morocco among the top 5 countries likely to emerge as global hubs for floating offshore wind energy, a technology that is set to see unprecedented growth in the coming years. Morocco’s thriving offshore wind energy market has put the North African kingdom in […]

Africa Energy Headlines International Morocco

Energy Efficiency: Morocco to share its experience with Senegal

Moroccan Agency for Energy Efficiency has agreed to share its know-how with Senegal in energy efficiency and alternative energies with the support of Andalusian International Cooperation agency. A partnership accord was signed Wednesday in Rabat by Head of the Moroccan agency Said Mouline and Director of the Senegalese Agency for Energy Efficiency Djiby Ndiaye. Under […]

Business Energy

Sound Energy, ONHYM sign connection agreement to Maghreb-Europe gas pipeline

Sound Energy, the Moroccan focused upstream gas company and holder of the Tendrara gas concession, announced this Tuesday that it has concluded an agreement with l’Office National des Hydrocarbures et des Mines (ONHYM) to connect to the Maghreb-Europe gas pipeline (GME). This agreement marks another important step towards the effective entry into force of the […]

Energy Headlines Maghreb Morocco

Morocco to access LNG market in April – Energy Minister

Morocco will access for the first time the LNG market in April using the existing infrastructure in the country and in Europe, energy minister Leila Benali said. Over the past two months, the minister had said in multiple appearances that Morocco was in talks with Spain to use its LNG terminals and regasifications units to […]

Asia Energy International Morocco

Morocco, UAE looking forward to closer energy cooperation

The UAE and Morocco are considering measures to bolster cooperation in the area of energy transition, said UAE industry minister and ADNOC chief Sultan bin Ahmed Al Jaber. Speaking at an energy conference in Rabat Monday, Al Jaber said that the UAE is the first investor in Morocco and areas of investments cover energy transition, […]

Business Community Energy Headlines Morocco

Morocco to offer fuel subsidy to professional transporters to cushion price hikes

Morocco plans to re-introduce aid to help professional transporters mitigate the impact of a surge in fuel prices, in a u-turn in its subsidies policy. The decision was taken following a meeting between transport minister Mohamed Abdeljalil, budget minister Faouzi Lekjaa and transport professionals. Fuel is a driver of inflation and any significant surge in […]