Following a coronavirus-related fall in crude prices, oil-producing nations have sought to calm global markets by announcing a significant production cut, with Mexico standing to benefit from a special dispensation in output after striking a deal with the US.
Egypt’s total of 1173 recorded Covid-19 cases and 78 deaths, as of April 5, places Africa's third-most populous country significantly below the global per capita averages for both counts as the pandemic continues to disrupt the global economy.
Tunisia has started production at the long-awaited Nawara gas field, a development that is expected to transform the country’s energy balance and provide a significant boon to state finances.
Articles & Analysis | Morocco seeks to reduce reliance on energy imports from The Report: Morocco 2020
As Morocco continues to rely on imports of coal, gas and oil to satisfy its energy requirements, the need to reduce its dependence on imports has long been a priority. To this end, the country has sought to develop its renewable energy capacity, alongside new hydrocarbons exploration projects. A combination of favourable regulatory conditions...
Articles & Analysis | Morocco turns to renewable resources and natural gas to diversify its energy mix from The Report: Morocco 2020
Morocco has long depended on international markets to fulfil its energy generation needs. Unlike nearby countries such as Algeria and Libya, Morocco has not had the advantage of large-scale hydrocarbons reserves to fuel its economic development. Although this has left the country vulnerable to fluctuating global oil prices, it has also led...
How would you assess Morocco’s efforts to manage its energy bill, and will it be reduced in the future?