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Keywords: Energy Sector


Trump predicts US oil firms operating in Venezuela within 18 months

President Donald Trump announced this week that American oil companies could begin operations in Venezuela within 18 months, as his administration ramps up initiatives to revive the South American nation's battered petroleum industry following the arrest of President Nicolás Maduro over the......

Trump targets Venezuelan oil after Maduro capture

The Trump administration eyes control over Venezuela's vast energy and mineral wealth following the dramatic capture of President Nicolás Maduro. Officials highlight the country's oil reserves and critical minerals as key assets, even as major U.S. oil firms deny consultations on the operation. Commerce......

Zelensky announces defense minister reshuffle amid Ukraine war

Ukrainian President Volodymyr Zelensky has announced plans to reorganize key positions within his government as the country continues to face the challenges of war. The proposed changes include replacing the current defense minister and assigning him a new role in the energy sector, a move that still......

Morocco ranks among Africa’s top 5 investment destinations, says RMB report

Morocco remains one of Africa’s most attractive investment destinations, according to the Where to Invest in Africa 2025/26 report released by South Africa’s Rand Merchant Bank (RMB) on Monday. The North African nation secured a spot in the continent’s top five economies for investors,......

Manufacturing industry expects production growth in Q3-2025

Moroccan manufacturing companies anticipate an increase in production for the third quarter of 2025, according to the High Commission for Planning (HCP). This expected growth is mainly attributed to higher activity in the food industry, chemical industry, and the manufacture of other non-metallic mineral......

Nigerian tech firm targets Morocco’s transforming energy sector

Beacon Power Services (BPS), a Nigeria-founded technology company specializing in grid management solutions, has announced its plans to enter Morocco’s evolving energy market. The announcement was made during the Africa Energy Forum, held from June 17–20 in Cape Town, South Africa. Morocco’s......

Morocco surpasses France as Spain's leading gas importer

Morocco has emerged as Spain's largest natural gas customer, overtaking France, according to recent figures released by the Corporation of Strategic Reserves of Petroleum Products (Cores). Data highlighted by The Objective reveals that Morocco imported a staggering 9,703 gigawatt hours of natural......

Morocco's fuel market shows resilience amid price fluctuations in Q3 2024

Morocco's fuel sector demonstrated mixed performance in the third quarter of 2024, with total fuel imports reaching 1.7 million tons valued at $1.26 billion, marking a 10.8% volume increase despite a 9.75% value decline compared to 2023. The revenue of Morocco's nine major fuel distributors......

Indian Firm KEC International Powers Up Morocco with 400-kV Grid Project

KEC International, the Indian engineering powerhouse, marked a significant milestone with the completion of its inaugural power transmission project in Morocco's Casablanca region. The 96-kilometer Chemia Sidi Bennour Transmission Line, operating at 400-kV capacity, represents a strategic enhancement......

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