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Keywords: Energy


Morocco's electricity demand surges as heatwaves drive air conditioning usage

Morocco's electricity grid has witnessed a significant surge in demand, peaking at around 7.0 gigawatts on June 20, attributed to persistent heatwaves that have increased reliance on air conditioning. This figure represents a nearly 5% rise compared to 2024, according to Energy Transition Minister......

Rising prices in the US under pressure from tariffs

The impact of tariffs imposed by former President Donald Trump is now being felt by American consumers, as they face a second consecutive rise in consumer prices, according to the latest index released today. The Consumer Price Index (CPI), which tracks inflation, rose by 2.7% year-over-year in June,......

Iraq: explosion at oil field suspends operations

An explosion early Tuesday morning at an oil production site in the semi-autonomous Kurdistan region of Iraq has forced the suspension of operations, according to a statement from U.S.-based energy company HKN Energy. The blast occurred around 7:00 a.m. local time (04:00 GMT) in one of the production......

Morocco-Nigeria gas pipeline gains momentum with new agreements in Rabat

The Morocco-Nigeria gas pipeline project is progressing steadily, as Rabat hosted a series of high-level meetings this week to advance the ambitious initiative. Representatives from national oil companies, the Economic Community of West African States (ECOWAS), and other stakeholders convened on July......

Nigeria-Morocco gas pipeline: steering committees review progress in Rabat

The steering and technical committees for the Nigeria-Morocco Gas Pipeline project convened on July 10 and 11 in Rabat to review the latest progress. These high-level meetings, organized under the governance framework of the project and in line with signed agreements between national oil companies, brought......

Iran announces shift in cooperation with UN nuclear watchdog

Iran has announced a change in its relationship with the International Atomic Energy Agency (IAEA) following the implementation of a new law that limits ties with the UN nuclear watchdog. Speaking on Saturday, Iranian Foreign Minister Abbas Araghchi stated, “Our cooperation with the agency has......

Morocco to invest $40 billion in next five years to meet ambitious energy goals

Morocco will need to invest over $40 billion in the next five years to achieve its national energy objectives, according to Energy Transition Minister Leila Benali. Speaking during an interview with Asharq at the OPEC seminar in Vienna, Benali outlined the country's ambitious energy transition strategy,......

Morocco enhances energy efficiency initiatives in handicraft sector

Morocco is intensifying efforts to improve energy efficiency within its handicraft industry, aiming to reduce firewood and gas consumption. A new agreement, signed between the Secretary of State for Handicrafts and the Moroccan Agency for Energy Efficiency (AMEE), outlines a strategy to integrate energy-saving......

ENGIE North Africa appoints Rik De Buyserie as CEO to steer sustainable energy goals

ENGIE North Africa has announced the appointment of Rik De Buyserie as its new Chief Executive Officer, succeeding Loïc Jaegert-Huber. The leadership change signals a strategic pivot toward advancing sustainable energy solutions across the region. A vision for energy transformation De Buyserie,......