Keywords: Energy investment
The Abu Dhabi National Oil Company (ADNOC) has announced plans to invest $55 billion in new projects over the next two years, marking a significant expansion of its long-term growth strategy in the global energy sector. According to an official statement released on Sunday, the company confirmed that......
Angola’s state-owned oil company Sonangol has stated that it has not received any formal request from Botswana regarding participation in the planned Lobito refinery project. The proposed refinery, one of Angola’s largest infrastructure investments, is valued at around $6.6 billion and is......
Oman has launched a new bidding round for five oil and gas concession blocks as part of its efforts to attract foreign investment and strengthen the development of its hydrocarbon sector. According to the country’s energy ministry, the initiative aims to enhance exploration activities and unlock......
TotalEnergies and U.S. authorities announced on Monday a major shift in energy strategy, redirecting nearly $1 billion initially allocated for offshore wind projects to oil and natural gas production in the United States. As part of the agreement, the U.S. government will reimburse TotalEnergies for......
Morocco is on track to register a record year of cooperation with the European Bank for Reconstruction and Development, with new contracts expected to total around one billion dollars in 2025. Greg Guyett, the bank’s first Vice President, highlighted the figure as a sign of the strength of the......
Morocco has emerged as one of the leading markets for renewable energy investment in the Arab region, according to a recent report by the Arab Investment and Export Credit Guarantee Corporation (Dhaman). The study, which spans the period from 2003 to 2024, highlights the country's consistent performance......
Business leaders from Morocco and France convened in Dakhla today for a high-level economic forum aimed at advancing development in Morocco’s southern provinces. The gathering highlights a deepening bilateral partnership, expanding cooperation beyond the Mediterranean toward the Atlantic coast. Morocco’s......
The southern provinces of Morocco are emerging as a key driver in strengthening economic ties with France, opening fresh avenues for shared growth and African integration, economic leaders from both countries noted during a forum in Dakhla on Thursday. At the Morocco-France Economic Forum, participants......
Morocco has emerged as a leading player in Africa's renewable energy landscape, ranking as the continent’s fourth-largest importer of solar panels from China. A new report highlights the country’s dedication to achieving its renewable energy targets, reinforcing its global reputation......
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