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Keywords: Energy


Sweltering Heatwave Triggers Massive Power Outages in the Balkans

In a dramatic turn of events, a severe heatwave sweeping across the Balkans has pushed the region's power grid to its limits, resulting in widespread electricity outages on Friday. As temperatures soared to unprecedented levels, utility companies struggled to meet the surging demand, leaving vast......

Managem Group Ventures into Green Energy: Acquires Sound Energy Morocco for a Sustainable Gas Future

In a transformative move for Morocco’s energy sector, the Managem Group, an eminent Moroccan mining enterprise, has broadened its horizons by acquiring Sound Energy Morocco East Ltd. This acquisition signifies a pivotal expansion into the upstream natural gas market, underscoring the escalating......

IoT and Renewable Energy: Pioneering the Future of Sustainable Power

The global energy landscape is undergoing a fundamental transformation driven by the imperative to address climate change and reduce greenhouse gas emissions. Renewable energy sources, such as solar, wind, and hydroelectric power, are at the forefront of this shift, offering cleaner and more sustainable......

Morocco’s Foreign Direct Investment Surges to Record MAD 13.1 Billion

Economists Highlight Infrastructure and Workforce as Key Catalysts In a remarkable economic milestone, Morocco's net flow of foreign direct investment (FDI) soared to MAD 13.1 billion (approximately $1.34 billion) by the close of April, reflecting a substantial 48.6% increase compared to the same......

Comoros President Expresses Gratitude to Morocco for Support in WTO Accession

In a significant diplomatic gesture, Comoros President Azali Assoumani has extended his heartfelt thanks to Morocco for its invaluable support in facilitating Comoros’ accession to the World Trade Organization (WTO). This milestone, achieved in February, marks a pivotal moment in Comoros’......

South Africa Faces Impending Gas Shortage, Intensifying Energy Crisis

South Africa's energy challenges are poised to worsen as the nation confronts a looming gas shortage, exacerbating the longstanding electricity crisis that has persisted for over a decade. This imminent disruption in gas supply from Mozambique threatens to cripple various sectors of the economy,......

Chariot Advances Key Energy Projects in Morocco and Africa, Eyes Near-Term Cash Flows

In a year marked by significant strides in energy development, Chariot, an Africa-focused transitional energy company, has reported impressive advancements across its gas, renewables, and green hydrogen projects, particularly in Morocco. The company's audited final results for 2023 highlight a series......

Bridging Continents with Green Energy: Jan De Nul and Fortescue's Ambitious Partnership

In a landmark agreement poised to reshape the renewable energy landscape, Jan De Nul Group, a global powerhouse in marine construction, and Fortescue, a leading entity in green technology, energy, and metals, have joined forces. This collaboration aims to facilitate the transport of green electrons from......

Morocco's Strategic Positioning for Dominance in Green Maritime Fuel

In a recent report, Morocco emerges as a prime contender for dominance in the burgeoning green maritime fuel industry, poised to capitalize on Europe's transition to sustainable shipping practices. The report, jointly published by the Transport and Environment Organization and the Imal Initiative......

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