Morocco's sole oil refinery in Mohammedia, near Casablanca, has been struggling to attract a buyer and survive three years after it was liquidated for failing to honour huge debts Mohammedia - Three years after
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RABAT: Three years after it was liquidated for racking up billions of euros worth of debt, Morocco's sole oil refinery and the one-time economic flagship is struggling to attract a
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Since the closure of the Samir oil refinery, Morocco currently relies on imported refined oil. According to official data, Morocco imports 94% of its needs of fuel, which has been observed by observers and industry activists condemning the high
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The refinery once had a capacity of producing more than 150,000 barrels a day, but work at the plant slowed to a stop in 2015.SAMIR's debt totaled an estimated MAD 44 billion as a compensation for role in downfall of SAMIR refinery. However, Al Amoudi's complaints contrast
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The recent decision by the Moroccan state to rent the storage platforms of Samir refinery was seen by staff and analysts as a first step towards finding a solution to the plant that would lead to relaunching the refining activity in the country.
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Swiss trading giant Glencore and U.S. private equity investor Carlyle Group have teamed up in an attempt to buy Morocco's only oil refinery, hoping to recoup about $600 million in
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Since the closure of the Samir oil refinery, Morocco currently relies on imported refined oil. According to official data, Morocco imports 94% of its needs of fuel, which has been observed by observers and industry activists condemning the high
Get Price
London-based infrastructure project financer Elite Capital has told the Moroccan court responsible for the insolvent Samir refinery that it is breaking off talks, ongoing since 2018, to buy the shuttered plant. The 2mn bl/d refinery is Morocco's
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HollyFrontier will permanently cease processing of crude oil at its refinery in Cheyenne, Wyo., and convert the plant into a renewable diesel refinery by 2022. Robert Brelsford Jun 2nd, 2023
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A Moroccan court has given the trustee who controls Samir, the country's only oil refinery, another three months to finish the liquidation process and will invite expressions of
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Contract let for Morocco refinery upgrade Société Anonyme Marocaine de l'Industrie de Raffinage has awarded a contract to Foster Wheeler Italiana SPA, Milan, for project management of
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MOHAMMEDIA, Morocco, June 7 - Moroccan refining firm Samir SAMI.CS would aim to take part in a project for a new refinery in the kingdom but local demand must almost double for it to be
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The recent decision by the Moroccan state to rent the storage platforms of Samir refinery was seen by staff and analysts as a first step towards finding a solution to the plant that would lead to relaunching the refining activity in the country.
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Morocco may host a $3 billion to $4 billion plant to refine and export crude oil, developed by companies from the United Arab Emirates, the head of Moroccan refining firm Samir said on Tuesday.
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Ten known oil shale deposits in Morocco account more than 8.4869 × 10 ^ 9 m 3 of shale oil. Although Moroccan oil shale is studied since the 1930s, and there have been several pilot facilities for shale oil production, there is no
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Mississauga , 7,550 bbl/d - known as Port Credit Plant and historically a Texaco refinery, closed in 1985 Mississauga , 15,600 bbl/d - formerly Petro-Canada and known as Clarkson Refin
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