China bets on Morocco to lead Africa’s electric energy future
Morocco is preparing to build Africa’s first battery gigafactory, a $5.6 billion project backed by China’s Gotion High-Tech, which will place the North African kingdom…
Category: ENERGY
Sudani Launches $450 Billion Investment Opportunities in Iraq
Iraqi Prime Minister Mohammed Shia al-Sudani unveiled investment opportunities worth $450 billion across multiple sectors, signaling an ambitious drive to diversify the country’s…
Morocco’s green energy could power half of Europe electricity?
Morocco’s trade minister says his country could, in theory, keep half of Europe’s lights on. With vast solar fields and powerful Atlantic winds, the North African…
What’s the big deal about AI data centres?
It’s such a big number that it’s hard to imagine. Worldwide, around $3tn (£2.2tn) will be spent on data centres that support AI…
Oil Extends Declines after Iraq, Kurds Agree to Restart Oil Pipeline
Oil prices declined for a fifth consecutive session on Tuesday, as a preliminary agreement reached between Iraq and Kurdish regional governments to restart…
Peregrine Hydrogen and OCP Group Forge Major Partnership in Morocco
There’s something special about the wind-whipped plains near Khouribga—far from being just another mining hub, Morocco’s phosphate basin is morphing into a green energy epicenter.…
Saudi Aramco launches dollar sukuk with $200k min as debt push widens
Saudi Aramco has launched a new international sukuk offering, with a minimum subscription of $200,000, as the state oil giant seeks to re-tap…
Ursula von der Leyen EU Chief to Defend Trump Trade Deal
EU chief Ursula von der Leyen will seek to defend her trade deal with Donald Trump in an address to the bloc’s lawmakers…
Cuts to US Oil Jobs and Spending Threaten Output Growth
The US oil industry has laid off thousands of workers and cut billions in spending due to lower oil prices and the biggest…
Morocco tests floating solar panels to save water
Sun-baked Morocco, grappling with its worst drought in decades, has launched a pilot project aimed at slowing water evaporation while simultaneously generating green…