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Keywords: Energy security
Ten years after the shutdown of Morocco’s only oil refinery, the future of the Samir complex remains unresolved. What was once regarded as a cornerstone of the country’s energy infrastructure has become the subject of repeated legal proceedings, unsuccessful takeover attempts and a broader......
Morocco will continue providing exceptional direct financial support to transport professionals as international hydrocarbon prices remain under pressure, with the government seeking to limit the impact of rising energy costs on the national economy and consumers. The decision was taken during a ministerial......
The United States’ Strategic Petroleum Reserve has fallen to its lowest level in more than four decades, with crude oil stocks declining to 283.8 million barrels last week, according to data from the US Department of Energy. The figure represents the lowest inventory recorded since October 1982. The......
TEHRAN — Iran is awaiting a formal response from the United States to a proposal designed to reopen the Strait of Hormuz, with Tehran linking any restoration of normal maritime traffic to a series of political and economic conditions. Iranian Foreign Minister Abbas Araghchi said Monday that Qatari......
The European Commission is urging European Union member states to take steps to reduce gas and electricity consumption as volatile global energy markets continue to put pressure on prices and supply conditions. EU Energy and Housing Commissioner Dan Jørgensen has called on national governments......
Iran is maintaining its conditions for reopening the Strait of Hormuz, despite US President Donald Trump rejecting a proposal put forward by Tehran to restore navigation through the strategically important waterway. Iranian Foreign Minister Abbas Araghchi said Sunday that Tehran's position remained......
European Union gas storage facilities were around 70% full on September 23, highlighting the progress made ahead of the winter season while remaining below last year’s level and exposing significant differences between member states. Data from Gas Infrastructure Europe (GIE) showed that EU storage......
Italy has taken a major step toward reviving nuclear energy after almost four decades without operating nuclear power plants. The Senate has given final approval to a framework law that restores a legal basis for the development of nuclear power, although the measure does not itself authorize the immediate......
The disruption caused by the Middle East crisis is increasingly raising concerns that tight natural gas supplies could persist well beyond the coming winter, adding pressure to an already fragile global energy market. Industry representatives say the disruption of liquefied natural gas (LNG) flows from......