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 at the…
Tag: ENERGY
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 an oil…
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. It all…
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 global debt…
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 consolidation in…
Türkiye to Start Providing Syria with Natural Gas on Aug 2
Türkiye will start providing Syria with natural gas from August 2, Energy Minister Alparslan Bayraktar told state-owned Anadolu news agency on Wednesday, adding Azerbaijan would…
Qatar Threatened to Cut Gas Supplies to Europe
Qatar has threatened to cut gas supplies to the European Union in response to the bloc’s due diligence law on forced labour and environmental damage,…
Oil Retreats on US Tariff Uncertainty and OPEC+ Supplies
Oil prices slipped on Thursday as the possibility of US tariffs being reinstated raised demand concerns ahead of an expected supply boost by major producers.…
Shell says it is not considering buying BP
Shell has not bid for BP and is not actively considering such a move, it said today, adding it was bound by UK regulations which…
Chinese scientists develop new device to convert tire friction into clean energy
A team of Chinese scientists has developed a groundbreaking device capable of converting the friction between vehicle tires and roads into clean electricity. The device,…