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Keywords: Energy


Morocco strengthens ties with US investors to advance $25 billion gas pipeline project

Morocco has stepped onto the global energy stage, presenting its ambitious $25 billion Gazoduc Pipeline project to American investors at the US-Africa Energy Forum in Houston, Texas. The forum, held on August 6–7 in the “Energy Capital of the World,” provided a pivotal platform for......

Israel strikes Houthi-controlled power facility in Yemen

Israel’s military confirmed on Sunday that it had carried out airstrikes on what it described as a Houthi-controlled energy facility in Sanaa, Yemen’s capital. The operation, conducted around 04:00 local time, was presented as a response to repeated missile and drone attacks launched by the......

ONEE unveils $6.18 million hybrid power plant project in El Guerguarat

The National Office of Electricity and Drinking Water (ONEE) has initiated a tender for constructing a hybrid solar-diesel power plant with battery storage in El Guerguarat, marking a significant step in Morocco's renewable energy transition. The project, with an estimated cost of MAD 61.8 million......

Morocco’s customs revenue rises 5.8% in first seven months of 2025

Morocco’s customs revenue reached MAD 54.79 billion ($6.09 billion) during the first seven months of 2025, marking a 5.8% year-over-year increase, according to data from the Treasury General of the Kingdom (TGR). This steady growth underscores the resilience of Morocco’s fiscal revenue from......

Lebanon power outages: EDL blames ‘technical factors beyond its control’

The state-owned utility Electricité du Liban (EDL) has responded to growing criticism over widespread power outages across Lebanon, attributing the crisis to long-standing technical challenges and uncontrollable factors that have affected the country's power infrastructure for years. In a......

European leaders gather to address energy crisis amid rising concerns

European leaders convened this week to strategize a path forward on the continent’s escalating energy crisis, as soaring prices and dwindling supplies continue to pressure both households and industries. The summit, held in Brussels, brought together heads of state from across the European Union......

World Bank approves $400 million program to expand clean energy access in Ethiopia

The World Bank has approved a $400 million financing package to support Ethiopia’s efforts to provide clean and reliable electricity to nearly six million people. The funding is part of the Accelerating Sustainable and Clean Energy Access Transformation (ASCENT) Program for Results (PforR), an......

World Bank approves second $125 million grant to support Somalia's reforms

The World Bank’s Board of Executive Directors has approved a second Development Policy Financing (DPF) operation for the Federal Republic of Somalia, amounting to $125 million. The grant will be provided by the International Development Association (IDA), the Bank’s fund for the world’s......

China holds firm on Russian and Iranian oil amid US tariff threats

During trade negotiations in Stockholm, the Chinese Foreign Ministry sharply rejected U.S. demands to halt purchases of Russian and Iranian oil, despite threats of imposing tariffs as high as 100%. Beijing emphasized that safeguarding its energy supply remains a matter of national sovereignty.  China......