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Keywords: Petroleum


Morocco Strengthens Energy Resilience with Ambitious Petroleum and Renewable Projects

Morocco is ramping up its energy strategy with plans to significantly enhance petroleum storage capacity and renewable energy production by 2030. Energy Transition and Sustainable Development Minister Leila Benali announced a MAD 5 billion ($488 million) investment to expand the nation’s petroleum......

Shell Confirms Oil Leak at Bonny Export Terminal, Assures Operations Uninterrupted

The Shell Petroleum Development Company of Nigeria (SPDC) has confirmed an oil leak at the Bonny Oil Export Terminal but reassured that the incident will not disrupt its oil export activities. Gladys Afam-Anadu, SPDC’s Media Relations Manager, stated on Monday that investigations are currently......

Morocco to Launch Tenders for Nigeria-Morocco Gas Pipeline in 2025

His Majesty King Mohammed VI has long praised the Nigeria-Morocco gas pipeline, emphasizing its potential to foster African development and improve the living standards of the continent’s population. Morocco is set to begin the process of launching tenders for the pipeline in 2025, marking a significant......

Morocco's Petroleum Sector: A Transformative Marking System to Boost Transparency and Efficiency

Morocco's petroleum sector is on the cusp of a significant transformation, with the introduction of a new marking system set to revolutionize the industry's operations and governance. This ambitious initiative, slated for implementation in 2025, aims to enhance transparency, streamline processes,......

OLA Energy Maroc Forges Strategic Partnership with ExxonMobil for Local Blending of Mobil Lubricants

In a bold move to strengthen its position in the African lubricants market, OLA Energy Maroc, a leading energy company in Morocco and a major energy player in Africa, has entered into an innovative agreement with ExxonMobil Petroleum & Chemical BV. This strategic partnership allows OLA Energy Maroc......

OLA Energy Morocco Expands Agreement with ExxonMobil Petroleum & Chemical BV

OLA Energy Morocco, a leading energy company in Morocco and a significant player in Africa's energy sector, announced on Monday an expanded agreement with ExxonMobil Petroleum & Chemical BV to blend Mobil-branded lubricants in Morocco. Building on their existing partnership, this initiative......

Nigeria-Morocco Gas Pipeline Advances: FID Targeted for 2024

The $25 billion Nigeria-Morocco Gas Pipeline (NMGP) project is on the brink of a significant milestone, as the final investment decision (FID) is expected by the end of 2024, announced Mele Kyari, Group Chief Executive Officer of the Nigeria National Petroleum Company Limited (NNPCL). Kyari made this......

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