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Morocco Poised for Second Consecutive Fuel Price Respite in May

In a welcome development for consumers and transportation professionals grappling with escalating fuel costs, Morocco is set to witness its second consecutive reduction in fuel prices this month. The impending decrease, scheduled to take effect on Friday, May 17, 2024, will bring much-needed relief to......

Morocco's Lithium Battery Potential: A Scientific Frontier Awaits

During the International Forum of Chemistry held in Rabat, renowned Moroccan scientist and engineer Rachid Yazami highlighted Morocco's remarkable potential in the lithium battery industry. His insights paint a compelling picture of a nation poised to become a prominent player in the production and......

SDX Energy Secures Substantial Cash Infusion, Fueling Moroccan Ambitions

SDX Energy, a London-based energy firm, has taken a significant step towards strengthening its presence in Morocco with the receipt of a substantial cash infusion from the sale of its Egyptian assets. An initial $3.5 million from the sale of its West Gharib assets in Egypt has provided a financial boost,......

OLA Energy Maroc Forges Strategic Partnership with ExxonMobil for Local Blending of Mobil Lubricants

In a bold move to strengthen its position in the African lubricants market, OLA Energy Maroc, a leading energy company in Morocco and a major energy player in Africa, has entered into an innovative agreement with ExxonMobil Petroleum & Chemical BV. This strategic partnership allows OLA Energy Maroc......

Morocco Unveils National Energy Transition Consortium to Pioneer a Sustainable Future

Morocco has taken a significant step toward advancing its renewable energy aspirations by convening the inaugural session of the Moroccan National Energy Transition Consortium (MNETC) at the Mohammed VI Polytechnic University (UM6P). This groundbreaking initiative brings together a diverse group of stakeholders,......

British Firm Chariot Commences Drilling at Moroccan Onshore License

British energy company Chariot has commenced drilling operations at the Loukos Onshore license in Morocco, marking a significant milestone in its exploration efforts. Chariot, based in London, holds a 75% stake in the license, with the national hydrocarbons agency ONHYM owning the remaining 25%. Chariot......

OLA Energy Morocco Expands Agreement with ExxonMobil Petroleum & Chemical BV

OLA Energy Morocco, a leading energy company in Morocco and a significant player in Africa's energy sector, announced on Monday an expanded agreement with ExxonMobil Petroleum & Chemical BV to blend Mobil-branded lubricants in Morocco. Building on their existing partnership, this initiative......

Pioneering Pact: Morocco and Spain Unite in Scientific Pursuit

Morocco and Spain have taken a pioneering step toward enhanced scientific collaboration, marking the start of an era of groundbreaking discoveries and technological advancements. The agreement, signed by the Spanish National Research Council (CSIC) and the National Center for Scientific and Technical......

GE Vernova Invests $10.2 Million in Xlinks' Ambitious Morocco-UK Power Project

In a groundbreaking move, GE Vernova, a leading energy company, has announced a $10.2 million investment in Xlinks' ambitious Morocco-UK power project. This strategic partnership highlights GE Vernova's commitment to accelerating the delivery and build-out of this landmark initiative, which aims......