Home » Energy You are browsing entries filed in “Energy”

Israel, three European countries agree to build World’s longest undersea gas pipeline

Israel, Italy, Greece and Cyprus have agreed to build the longest undersea gas pipeline in the world worth around $6.2 billion. The pipeline is expected to be completed in 2025 and feasibility studies have already been completed. The project is expected to help Europe diversify its gas supply and reduce its dependency on Russia, especially […]

April 3rd, 2017 | Posted in Energy,Headlines,World News | Read More »

Final Stage of World Largest Solar Energy Plant Launched in Morocco

King Mohammed VI has launched on Saturday the final stage of the Noor Ouarzazate solar power complex, which will become the world’s largest when completed in 2018. The new project, Noor Ouarzazate IV, has a capacity of 72 MW and requires an investment worth over 750 million dirhams. It uses photovoltaic technology, which makes it […]

April 2nd, 2017 | Posted in Energy,Headlines | Read More »

Morocco elected Vice-President of UN conference on nuclear arms ban

Morocco has been elected Vice-President of the UN conference on restrictions on nuclear arms, taking place in the UN headquarters in New York. The North African country represents the African continent alongside South Africa. The kingdom’s permanent envoy at the UN, Omar Hilale will sit on the conference committee throughout the negotiations, Elayne Whyte Gomez […]

March 31st, 2017 | Posted in Energy,Headlines | Read More »

Libya: PC takes over management of Libya’s oil wealth, NOC relegated

The Presidency Council (PC) established under the Libya Political Agreement has issued a decree watering down the influence of the state-owned National Oil Corporation (NOC) over the country’s oil wealth. The decree uplifted the PC to the level of manager of the country’s oil resources, making it responsible for the supervision and exploitation of the […]

March 27th, 2017 | Posted in Energy,Headlines | Read More »

Algeria still facing “important challenges”, IMF team

A team from the International Monetary Fund (IMF) led by Jean-Francois Dauphin which had consultations with the Algerian authorities warned that the North African country “continues to face important challenges posed by lower oil prices.” The statement released by the team noted that despite Algiers’ heavy dependence on hydrocarbon revenue, its foreign reserves are “still […]

March 21st, 2017 | Posted in Energy | Read More »

Libya: Western ambassadors urge for restraint as outright battle nears

The ambassadors of the U.S., UK and France to Libya have called on the warring parties in the country to hand over the revenues of the oil ports under their control to the National Oil Corporation (NOC) based in Tripoli. They urged them to recognize the authority of the NOC despite the ongoing clashes, which […]

March 8th, 2017 | Posted in Energy,Headlines | Read More »

Libya: Oil crescent to become a fierce battle ground, LNA spokesperson

The Libyan National Army (LNA) loyal to the Tobruk-based House of Representatives (HoR) has vowed that it will retake control over the oil ports of Sider and Ras Lanuf after it lost them to the Benghazi Defense Brigades (BDB) in a defiant message issued through its spokesman Ahmed Mismari. “There is a very large air […]

March 7th, 2017 | Posted in Energy,Headlines | Read More »

Libya: Turkish tanker seized in oil smuggling city of Zuwarah

Armed men in the Libyan city of Zuwarah, hub of oil smuggling activities, have seized a Turkish tanker. The vessel according to Turkish media is called Haci Telli and is operated by the Istanbul-based Transpacific Shipping Company. The tanker headed from the Turkish port of Tuzla to Malta before arriving in Zuwarah on February 24. […]

March 3rd, 2017 | Posted in Energy,Headlines | Read More »

Oman to accept advance payment for its oil

Oman could be accepting advance payment for its oil in order to curb its budget deficit and debt as the government is challenged by a significant budget deficit gap expected to continue increasing due to the low oil prices. Sources familiar with the dossier hinted that payments could be made for up to two years […]

February 16th, 2017 | Posted in Energy,Headlines | Read More »

Libya: UNDP Funds Solar Power Panels in Hospitals

The United Nations Development Program is funding the installation of solar power panels on the roofs of hospitals in several cities across Libya to ensure a steady supply of electricity. Power outages are a frequent occurrence in the North African nation’s towns and hospitals always bear the brunt of these recurring blackouts. Solar panels have […]

February 1st, 2017 | Posted in Energy,Headlines | Read More »

Recently Commented

  • Badia Ouadi: What about the 20/20 vision for tourism which HRH has endorsed Himself? There are hundreds of western...
  • Achraf: Wise words from a wise king. And dont forget to work hand in hand. Stability Will be à important factor
  • Mehmet: Erdogan and the Turkish government become more pathetic and miserable and unrealistic day by day.
  • Telh: Israel should take a leaf out of their book.
  • Gemma: Well on this task Jordan gets a big fat F! We need to find a more competent custodian before Al Aqsa is lost...