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Keywords: Reserves


Indonesian Fertilizer Firm Eyes Algeria’s Untapped Phosphate Potential

Indonesia’s Leading Fertilizer Company Considers Algerian Phosphate Investments Amid Global Market Competition PT Pupuk Indonesia, a major player in the global fertilizer industry, is exploring investment opportunities in Algeria's phosphate sector, according to recent reports from Algerian......

Morocco Ascends as Prime Market for Spanish LNG Amid European Decline

In a notable shift in regional energy dynamics, Morocco has emerged as the foremost destination for Spanish liquefied natural gas (LNG) exports. This transformation is underscored by recent data from the Spanish Agency for Strategic Reserves (Cores), which reveals a dramatic surge in Spain's LNG......

UNESCO to Convene 36th MAB Council Session in Morocco, Partnering with ANDZOA

In a significant move to advance global efforts in sustainable development and biodiversity conservation, UNESCO has announced that the 36th session of the International Coordinating Council of its Man and the Biosphere (MAB) Program will be held in Morocco. The formal agreement was signed on Friday......

Morocco's Economic Crossroads: Central Bank Urges Caution on Flexible Exchange Rate Transition

In a decisive press conference on Tuesday, Bank Al-Maghrib Governor Abdellatif Jouahri delivered a sobering assessment of Morocco's readiness to transition to a flexible exchange rate regime. Despite notable macroeconomic progress, Jouahri emphasized that the nation's economic landscape, particularly......

Chariot Oil & Gas Discovers Promising Gas Reserves in Northern Morocco

Chariot Oil & Gas, a UK-based energy explorer, has achieved a significant breakthrough with the discovery of substantial natural gas reserves in the Dartois field, situated in northern Morocco. The company's assessment indicates an impressive 12 billion cubic feet (Bcf) of gas reserves, marking......

Heavy Rainfall to Drench Northern Moroccan Provinces on Wednesday

Morocco's weather has taken an unexpected turn this April, with chilly temperatures prevailing across several provinces—a stark contrast to the warming trends seen in March. Amid this climatic shift, the General Directorate of Meteorology (DMN) has issued a new weather alert, warning of heavy......

Predator Oil & Gas Extends Rig Contract to Tap Into Morocco's Gas Reserves

Predator Oil & Gas has solidified its partnership with Star Valley Rig 101 to delve deeper into Morocco's gas-rich reservoirs. The Jersey-based exploration company has prolonged its contract with the rig, now slated to continue operations until May 2024, to execute its fifth well in the Guercif......

Morocco Aims for 10% Green Share in Central Bank Reserves

In a significant move towards sustainability, Morocco is charting a green course with its central bank spearheading the effort. Abdellatif Jouahri, the governor of Bank Al-Maghrib, Morocco's central bank, announced on Friday the ambitious goal of increasing the allocation of foreign currency reserves......