Since the announcement of the 2020 Energy Strategy five years ago, followed by the introduction of the 2010 Renewable Energy Law, Morocco has seen a significant increase in interest in clean energy, with the biggest developments in solar and wind, both of which are planned to contribute 14% each (or 2000 MW) to the country’s installed capacity...
Although exploration activity in Morocco’s offshore basin has thus far not produced commercial discoveries, a number of oil players have increased their presence in recent times. According to the country’s national oil company, the Office National des Hydrocarbures et des Mines (ONHYM), a total of 27 wells are planned for 2014, of which at...
Like the oil industry, electricity in Mexico has been dominated by a state-owned company for a number of years. The Federal Electricity Commission (Comisión Federal de Electricidad, CFE) is the sole provider of transmission and distribution services and also controls all output, producing 70% of electricity on its own and sub-contracting the...
There is no difference in geology between the Mexican and US sides of the Texas border, but there is a difference in activity. South Texas is the centre of the US shale revolution. Thousands of shale wells have been dug and their production has enriched the region. The Eagle Ford Formation (EFF), where most of Texas’s wells are located,...
There is no part of the Mexican energy industry that will not be changed by 2013’s reform. The reform will open the nationalised oil industry to foreign investment, allow for open competition in the electricity market, enable private companies to build natural gas pipelines with more freedom, and will give producers of clean energy better...
First deliveries of “Mongol93” hit the market in May 2013. With its plans to build a domestic refinery delayed, Mongolia has agreed to swap crude for refined fuel with PetroChina, a subsidiary of China National Offshore Oil Corp. This new import source, though still expensive, should reduce Rosneft’s leverage at the trading table. Even a...
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