Keywords: Energy
Israel’s military confirmed on Sunday that it had carried out airstrikes on what it described as a Houthi-controlled energy facility in Sanaa, Yemen’s capital. The operation, conducted around 04:00 local time, was presented as a response to repeated missile and drone attacks launched by the......
The National Office of Electricity and Drinking Water (ONEE) has initiated a tender for constructing a hybrid solar-diesel power plant with battery storage in El Guerguarat, marking a significant step in Morocco's renewable energy transition. The project, with an estimated cost of MAD 61.8 million......
Morocco’s customs revenue reached MAD 54.79 billion ($6.09 billion) during the first seven months of 2025, marking a 5.8% year-over-year increase, according to data from the Treasury General of the Kingdom (TGR). This steady growth underscores the resilience of Morocco’s fiscal revenue from......
The state-owned utility Electricité du Liban (EDL) has responded to growing criticism over widespread power outages across Lebanon, attributing the crisis to long-standing technical challenges and uncontrollable factors that have affected the country's power infrastructure for years. In a......
European leaders convened this week to strategize a path forward on the continent’s escalating energy crisis, as soaring prices and dwindling supplies continue to pressure both households and industries. The summit, held in Brussels, brought together heads of state from across the European Union......
The World Bank has approved a $400 million financing package to support Ethiopia’s efforts to provide clean and reliable electricity to nearly six million people. The funding is part of the Accelerating Sustainable and Clean Energy Access Transformation (ASCENT) Program for Results (PforR), an......
The World Bank’s Board of Executive Directors has approved a second Development Policy Financing (DPF) operation for the Federal Republic of Somalia, amounting to $125 million. The grant will be provided by the International Development Association (IDA), the Bank’s fund for the world’s......
During trade negotiations in Stockholm, the Chinese Foreign Ministry sharply rejected U.S. demands to halt purchases of Russian and Iranian oil, despite threats of imposing tariffs as high as 100%. Beijing emphasized that safeguarding its energy supply remains a matter of national sovereignty. China......
Kazakhstan has officially launched preparatory work for its first nuclear power plant, with Russian state nuclear corporation Rosatom overseeing the initial phase. The Central Asian nation, the world's leading uranium producer, aims to tackle chronic power shortages despite its energy-rich status. According......
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