Israeli Energy Firm NewMed Seeks Oil and Gas Exploration Licenses in Morocco
23 February 2022
The Israeli company NewMed Energy is seeking to obtain licenses from the Moroccan authorities to explore gas and oil in the kingdom.
Oil
Moroccan Fuel Prices Surge Past 10 Dirhams as Global Oil Costs Soar
5 February 2022
In Morocco, the prices of the various fuels at the pump soared on Friday, February 4, 2022. This upward trend is expected to continue in the coming weeks due to the surge in (…)
Morocco’s Natural Gas Reserves Attract Global Energy Companies
14 December 2021
Several international companies specializing in oil and gas exploration confirm that the Moroccan subsoil is rich in natural gas. This is evidenced by the discovery of Sound (…)
Spain Lawmakers Probe Gas Supply Contingency Plans Amid Algeria Concerns
6 December 2021
Will Spain be able to cope with a disruption in gas supply from Algeria? This is what the deputies of the Congress want to know, and they have addressed a series of questions (…)
Morocco Grants Israeli Firm Exclusive Rights to Explore Atlantic Oil Block
17 October 2021
The Israeli company Ratio Petroleum will explore potential offshore oil and gas deposits for the Dakhla Atlantic block. In this regard, it has signed an agreement with the (…)
Morocco’s Untapped Oil Potential: Offshore Deposits Estimated at 2 Billion Barrels
22 August 2021
Amina Benkhadra, Director General of the National Office of Hydrocarbons and Mines (ONHYM) confirmed the presence of oil deposits in several areas off Rabat-Salé, Essaouira, (…)
Morocco’s Energy Bill Plummets 34.6% in 2020 Amid Falling Oil Imports
24 July 2021
Morocco’s energy bill has dropped considerably in 2020. This emerges from the annual report on foreign trade for the year 2020, carried out by the Office des Changes.
Morocco Sees Gasoline Price Hike, Diesel Remains Steady at Pumps
1 May 2021
Fuel prices at the pump experienced a slight increase this Saturday, unlike diesel, whose price remains unchanged, announce professionals in the sector.
Morocco’s Manufacturing Sector Sees 0.3% Rise in Producer Prices for February
3 April 2021
For the month of February 2021, the producer price index for the "Manufacturing industries excluding petroleum refining" sector increased by 0.3%. This is according to (…)
Moroccan Gas Station Owners Protest Illegal Fuel Sales Amid Rising Prices
12 March 2021
Faced with the rise in prices of clandestine petroleum products on the Moroccan market, service station owners continue to denounce unfair competition, while calling on the (…)