First Independent Mena Newspaper
The construction works of the first phase of Taza wind farm (Northwest Morocco) have been launched by the consortium composed of Moroccan Agency for Sustainable Energy (MASEN), National Office of Electricity & Drinking Water (ONEE), EDF Renewables and Mitsui & Co. This project, to cost 1.5 billion DH, will employ over 500 people and will […]
Director of Morocco’s state owned utility company (ONEE), Abderrahim El Hafidi, acting chairman of the Arab Union of Electricity (AUE), chaired on Wednesday, a videoconference meeting of the board of directors of this Union which is gathering all Arab power companies. During this 53rd meeting held remotely due to Covid-19, the director of the “Office […]
Algeria’s energy giant Sonatrach has suffered a new setback after Turkey rebuffed two shiploads of liquefied natural gas (LNA) worth around $100 million after the discovery of oil in the load, Algerie Part Plus reports. Sonatrach, after it lost its biggest customers, namely the Spanish electricity companies, and Electricité du Liban that accused it of […]
The fluid leak, which occurred lately in the submarine cable connecting Morocco and Spain, was repaired on Friday by Morocco’s National Office of Electricity (ONEE) and Red Eléctrica de España (REE). The leak was detected on July 30 in the reserve cable number 4 of the Moroccan-Spanish connection. Once the leak was located, the two […]
France’s largest hydrocarbons group Axens and the Nigerian conglomerate BUA signed a partnership contract on Tuesday in Paris to carry out the first stage of a refinery project which will be located in Akwa Ibom State, in south-eastern Nigeria. Nigeria, the continent’s leading crude oil producer but which imports almost all of its fuel, seeks […]
Wind energy is developing and expanding rapidly in Morocco, which is determined to bolster its green and renewable energies to power its competitive economy and sustainable growth. On Wednesday, Siemens Gamesa said it will install 87 wind turbines in the Boujdour wind farm, located in southern Morocco. It has received the order for the supply […]
Algeria has decided to abandon German Desertec project, one of the world largest solar energy initiative to generate energy from the Sahara desert. “The Desertec project is outdated. Let’s forget it,” Energy Minister Abdelmadjid Attar told state-run radio chaine 1. The Energy Minister argued that the €400 billion project proposed to the gas-rich country is […]
In a “win-win” agreement, Gabon has entered into a commitment with Venezuela. The two countries want to further strengthen and consolidate their cooperation in the oil sector. One of the largest oil producers and exporters around the world, Gabon, aims to draw inspiration in this sector from the experience of Venezuela, to make better use […]
Algeria’s finances face dim prospects triggered by a sharp drop in its key source of revenue, gas exports, which are expected to drop from 45 billion cubic meters in 2020 to 26 billion in 2025. The figure was unveiled by energy minister Abdelmadjid Attar who was speaking to local media. He said the decline is […]
Lebanon has decided to diversify its oil suppliers from 2021 after main supplier, Algeria’s Sonatrach, was accused of providing the Middle East country with adulterated fuel. Lebanon Energy Minister Raymond Ghajar told Bloomberg that the Lebanese government has opted to multiply for the next coming three years its fuel suppliers. “We would prefer to have […]