Recent economic results in Morocco

The most recent economic results in Morocco show a deceleration from last year. The north African country grew by 2.4% in the second quarter of 2018, down from 4.5% in the same period last year, according to the High Commission for Planning. The agriculture sector has been cited as the main reason for the decline; […]

Eight factors determining the price of oil

As put by Kimberly Amadeo in her article on The Behind-the-Scenes Role of Commodities Traders,  Oil prices are controlled by traders who bid on oil futures contracts in the commodities market. That’s why oil prices change daily. It all depends on how trading went that day. Other entities can only affect the traders’ bidding decisions. These influencers include the U.S. […]

Development of Shale Gas in the Algerian South-Western basins

In Algiers, the official press agency APS announced in a communiqué that the CEO of SONATRACH, the Algerian State oil company signed an agreement with British Petroleum and Equinor of Norway representatives on the exploration and development of Shale Gas in the Algerian South-Western basins. Meanwhile, in the US where Shale Gas production has managed […]

Principles before profit and pull out

Davos in the desert: businesses are right to put principles before profit and pull out of Saudi investment conference Fedor Selivanov / Shutterstock.com Haridimos Tsoukas, Warwick Business School, University of Warwick Siemens chief, Joe Kaeser has pulled out of the Future Investment Initiative conference in Riyadh, dubbed “Davos in the Desert”, amid outrage at the […]

Washington unleashed Fossil-Fuel Exports and sold out on Climate

This article dated October 16, 2018 is part of a collaboration between the Center for Public Integrity, The Texas Tribune, The Associated Press and Newsy. It is in 2 parts.  Excerpts of part 2 are below with my Bolds. How Washington unleashed fossil-fuel exports and sold out on climate By Jie Jenny Zou WASHINGTON — […]

Washington unleashed Fossil-Fuel Exports and sold out on Climate

This article dated October 16, 2018 is part of a collaboration between the Center for Public Integrity, The Texas Tribune, The Associated Press and Newsy. It is in 2 parts.  Excerpts of part 2 are below with my Bolds. How Washington unleashed fossil-fuel exports and sold out on climate By Jie Jenny Zou WASHINGTON — […]

SONATRACH will launch offshore drilling

Algeria’s state-owned oil and gas company SONATRACH will launch offshore drilling with France’s TOTAL (NYSE: TOT) and Italy’s ENI (NYSE: E) on two sites in the east and west of Algeria at the start of 2019, its CEO said on Oct. 7. “We should start drilling at the beginning of next year,” Abdelmoumene Ould Kaddour told reporters […]