Morocco
Fuel Prices Surge in Morocco as Global Demand Rises
After a drop in May, fuel prices are experiencing a sharp increase. The increase is an average of 70 cents and this is just the beginning.
Topic
Oil
Morocco
Morocco Signs Oil Exploration Deal with ConocoPhillips for Northern Region
Amina Benkhadra, Director General of ONHYM and Melissa Anne Coleman, Vice President of the oil company ConocoPhillips Morocco Ventures LTD, signed a reconnaissance contract for the onshore area called "MESORIF" located in northern Morocco during a videoconference meeting.
Morocco
Afriquia Introduces Mobile Payments Across Fuel Stations and Retail Outlets
To meet an increasingly present need in the national market, Afriquia, the national operator specialized in the distribution of fuels and liquefied petroleum gas, butane and propane, wants to move to mobile payment in its service stations.
Morocco
Morocco's Fuel Sales Plunge 60% as COVID-19 Restrictions Empty Gas Stations
In Kénitra , service stations have been deserted due to the prevention and restriction measures imposed to counter the spread of covid-19 in the kingdom. This situation has led to a drastic drop in turnover and the dismissal of part of the staff.
Morocco
Morocco Poised to Benefit from Plummeting Oil Prices, Expert Says
At a time when oil prices are experiencing a sharp drop, Morocco could take advantage of this to lighten its energy bill. This is at least what Mariam Cherqaoui, an academic and expert in economics, finance and entrepreneurship, indicates.
Morocco
Morocco Slashes Fuel Prices as Global Oil Market Plummets Amid Coronavirus Crisis
Fuel prices at the pump will see a significant drop starting this Monday, March 16, due to the crisis caused by the coronavirus epidemic, and especially due to the sharp drop in crude oil prices on international markets.
Morocco
Total Morocco Reports 8% Sales Growth Despite Revenue Dip in 2019
The turnover of Total Morocco went from 12.3 billion dirhams last year to 12.48 billion dirhams in 2018, representing a slight decline.
Morocco
Fuel Prices Drop in Morocco as Coronavirus Impacts Global Oil Market
The consequences of Covid-19 are not all disastrous. At least, as far as the oil sector is concerned, where prices have fallen. For the past few days, unleaded gasoline and diesel have become cheaper at the pump.
Morocco
Shell Subsidiary Vivo Energy Under Investigation by Moroccan Competition Council
The company Vivo Energy Maroc, specialized in the marketing of Shell products, is the subject of an investigation. The Competition Council is behind this.
Morocco
Morocco Fuel Prices Stable Despite Rumors of Increase, Industry Official Says
Faced with rumors of a likely increase in fuel prices, the president of the National Federation of Free Owners, Merchants and Managers of Service Stations in Morocco (FNPCGSS), Jamal Zrikem, provided a formal denial.
Spain
Cepsa Expands into Morocco: 100 New Gas Stations Planned in 5-Year Partnership
Thanks to the signing of an alliance agreement with the Moroccan group, Derhem holding, the Spanish oil company, Cepsa, is establishing itself in Morocco. A total of 100 service stations will be opened in the Kingdom over the next five years.
Morocco
Moroccan Fuel Prices Surge Following Saudi Oil Attacks
In just one month, fuel prices in Morocco have seen several successive increases, and of course it is the motorists who are the first victims. The origin of this price surge is the attacks on Saudi oil production facilities.