SAMIR refinery: who are bankrolling Petroen's bid?
The Casablanca court of commerce will be holding a hearing over Petroen Engineering's bid for the mega refinery SAMIR (see [...]
The Crown Prince of Abu Dhabi, Sheikh Mohamed bin Zayed Al Nahyan is pulling out all the stops to gain influence on the African continent and is using one of his strongest cards, the UAE government-owned investment agency Mubadala, to [. [...]
Morocco's SAMIR refining company will find out on July 18 whether it is to be taken over or sold off piecemeal. Its 200,000-bpd refining capacity interests several major companies, notably BB Energy and Glencore, while Spain's Cepsa and Morocco's Afriquia are both keen to get their hands on its storage facilities. [...]