Keywords: Energy
ACWA Power, a Saudi-based leader in renewable energy, has been awarded the NOOR Midelt 2 and NOOR Midelt 3 solar projects following an international tender organized by the Moroccan Agency for Sustainable Energy (MASEN). These large-scale photovoltaic power plants are poised to bolster Morocco’s......
Aramco, the world's largest oil exporter and cornerstone of the Saudi economy, continues to see declining profits for the tenth consecutive quarter since its record highs in late 2022. The company's net income fell from $29.07 billion to $22.67 billion, largely due to “lower crude oil,......
As the global transition to renewable energy accelerates, the demand for ethical and sustainable energy storage solutions has surged. However, the reliance on lithium-ion batteries, which often contain the controversial and expensive material cobalt, presents challenges. Morocco is positioning itself......
In a strategic move to regain market share, the eight key members of OPEC+, including Saudi Arabia and Russia, announced on Sunday an increase of 547,000 barrels per day starting in September 2025. This marks the end of a production hike cycle initiated in April. The decision was largely anticipated......
Amid ongoing energy challenges in Lebanon, Jordan has reaffirmed its commitment to a regional electricity supply project originally proposed in 2021. The plan, which involves transmitting Jordanian electricity to Lebanon via Syria, had long been stalled due to U.S. sanctions imposed under the Caesar......
India’s ongoing purchase of Russian oil has been described as a “point of irritation” by US Secretary of State Marco Rubio, who highlighted its impact on the strategic partnership between New Delhi and Washington. Speaking in an interview with Fox Radio, Rubio acknowledged India’s......
California's top Republican in the State Senate, Brian Jones, has praised the Trump administration for reviving the Santa Ynez Unit oil project off the state's coast. This comes after years of opposition from prominent Democrats, including Rep. Adam Schiff, following the 2015 shutdown caused......
Portugal is considering an electrical interconnection with Morocco as part of its €400 million energy security plan, aiming to strengthen its power grid and prevent major blackouts like the one that affected the Iberian Peninsula in June. During a press conference on Monday, Portugal’s Minister......
Morocco’s fuel distribution market remains under the tight control of nine major companies, which collectively generated a net profit of MAD 2.3 billion ($230 million) in 2024, according to a newly released report from the Competition Council. Despite signs of market diversification, these distributors......
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