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OIL AND GAS

January 27, 2022

Morocco in Global Race for Hydrogen Leadership

Rabat - Morocco is poised to become a global leader in exporting green hydrogen, alongside Namibia and Chile, according to a publication by the International Renewable Energy Agency (ORENA), an intergovernmental organization supporting countries’ transition to renewable energy.

"...

January 27, 2022

Renewable Energies: Morocco Seeks to Exceed 52% its Electrical Energy Mix by 2030 (Minister)

Rabat - The objectives set out in terms of renewable energies have been revised upwards to exceed the current target of 52% of the national electrical mix by 2030, said Tuesday in Rabat, the Minister of Energy Transition and Sustainable Development, Leila Benali.

To"...

January 27, 2022

Managem, Glencore Partner to Recycle Cobalt in Morocco

Rabat - Morocco’s Managem announced on January 25 its partnership with the Anglo-Swiss multinational Glencore to produce cobalt from recycled battery materials at Managem’s CTT Hydrometallurgical Refinery in Guemssa (30 km from Marrakech).

Managem"...

January 26, 2022

Energy Prices Will Continue To Affect Morocco’s Trade Balance

Rabat - Higher energy prices will continue to widen Morocco’s trading deficit as the volume of energy imports maintains an upwards trajectory, according to Fitch, an American rating firm.

In a new report"...

January 20, 2022

The world needs smarter policies for the carbon transition to succeed, Crescent Petroleum CEO tells Abu Dhabi Sustainability Week panel.

The energy supply crunch in Europe, Asia and the US this past year has underscored the need for smarter carbon-transition policy, Majid Jafar, the CEO of Crescent Petroleum, the oldest private oil & gas company in the Middle East, told industry and policy leaders gathered for a virtual panel at Abu Dhabi Sustainability Week. To make lasting progress, carbon transition...

January 18, 2022

Morocco poised to become energy exporter thanks to hydrogen- IRENA

Morocco was cited as one of the four countries in the world with a significant potential to become exporters of green hydrogen, the international renewable energy agency IRENA said.

Morocco has already announced"...

January 18, 2022

Predator Oil & Gas Discovers New Commercially Viable Gas in Guercif

Fez - The US-based Predator Oil & Gas Holdings has announced the discovery of a new gas field likely to be commercially viable in Guercif, northeastern Morocco.

A reassessment of the potential of the Guercif"...

January 17, 2022

Lareche Offshore Gas Production to Commence in 2024

Rabat - Gas drilling and production are to commence in 2021, according to the Director of Morocco’s Hydrocarbons and Mines Office (ONHYM) Amina Benkhadera.

Initial evaluations found that the Lixus offshore"...

January 12, 2022

Dana Gas & Crescent Petroleum achieve 50% gas production growth in KRI over past 3 years

Gas production from Khor Mor field reaches record 452 MMsscf/d, a 50% increase in production since 2018 Expansion project underway to achieve an additional 55% increase to 700 MMscf/d by next year Dana Gas, the Middle East’s leading publicly listed regional natural gas company, and its partner, Crescent Petroleum, the oldest private oil & gas company in...

January 12, 2022

Mohammed VI Museum: First Museum in Africa to Install Solar Energy

Rabat – Morocco’s Mohammed VI Museum of Modern and Contemporary Art (MMVI) will be powered by solar energy, becoming the first museum in Africa to self-produce its electricity with a photovoltaic installation.

MMVI’s"...

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