The ambassador of Morocco to Brazil, Nabil Adghoghi (pictured), writes article on how his country has implemented the energy transition in the fertilizer sector. Morocco is one of the world’s leading suppliers of fertilizers, a key component of the global food security.
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The Arab country in Africa will carry out a project in partnership with the World Bank to revive its electricity supply industry. One of the key priorities is access to affordable energy.
The Saudi company’s earnings totaled USD 48.4 billion, surpassing forecasts of USD 46.2 billion.
Projects aim to increase wind and solar energy capacity in the Middle East and North Africa from 12.1 to 73 GW by 2030. Oman, Morocco, Algeria and Kuwait have some of the most ambitious plans.
Statement was given by Suhail bin Mohammed Al Mazrouei, minister of Energy and Infrastructure of the Gulf country, and reported by WAM.
The Arab country invites investors to participate in the event that will take place from May 15 to 16 in Damascus.
Brazil’s lower house approved a bill that changes natural gas exploration and distribution. It will now be signed into law by the president.
Partnership with the Energy Research Office aims at connecting opportunities in the energy industry to potential investors and businesspeople.
Minister of Mines and Energy, Bento Albuquerque, said the work of Angra III power plant is set to resume in 2020.
World Bank resources will finance reforms, balance the budget, and boost growth and job creation in the country, which suffers from the high cost of energy and a large inflow of Syrian refugees.
Brazil’s Ministry of Mines and Energy has created a workgroup to come up with proposals to streamline Brazil’s electric grid.
State-owned company made a profit last year after a net loss of USD 442 million in 2017.
Two auctions to hire new energy are predicted to 2019, two to 2020, and another two to 2021, according to Brazilian Ministry of Mines and Energy.
Ten credit operations have been approved this month by the state-run bank for investment in distributing companies in several states across Brazil.
