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Snam eyes investments of 23 bln euros to 2030 to speed green drive - Vimarsana News

Snam eyes investments of 23 bln euros to 2030 to speed green drive

Europe's biggest gas pipeline company Snam said on Monday it saw 23 billion euros ($26 billion) of investment opportunities to 2030 as it boosts spending to ready its network for hydrogen and the transition to cleaner energy sources.

Eni sells Snam 49.9% stake in Algeria gas pipelines for 385 mln euros - Vimarsana News

Eni sells Snam 49.9% stake in Algeria gas pipelines for 385 mln euros

Italian energy group Eni has agreed to sell gas group Snam 49.9% of its stake in strategic pipelines carrying Algerian gas into Italy for 385 million euros ($436 million), the two companies said on Saturday.

Five vessels with fuel cargoes arrive in Sudan - Vimarsana News

Five vessels with fuel cargoes arrive in Sudan

Five vessels loaded with fuel arrived in Sudan's main port, the energy and oil ministry said on Wednesday, adding that the country's fuel reserves are sufficient.

Morocco wants strong ties with Spain after diplomatic rift -king says - Vimarsana News

Morocco wants strong ties with Spain after diplomatic rift -king says

Morocco is keen to strengthen ties with Spain after a rift between the two countries this spring, Moroccan King Mohammed said on Friday, though he added the crisis had shaken mutual trust.

Algeria's economy is gradually recovering from COVID-19 and oil shocks -IMF - Vimarsana News

Algeria's economy is gradually recovering from COVID-19 and oil shocks -IMF

The International Monetary Fund (IMF) said on Monday the Algeria economy is gradually recovering from COVID-19 and oil shocks in 2020, after its executive board concluded the 2021 Article IV consultations with the North African country.