Morcco

  • Morocco’s Sole Refiner Samir Issues Profit Warning

    Morocco’s Sole Refiner Samir Issues Profit Warning

    Tuesday, 22nd March 2016
    Morocco's sole oil refiner Samir issued a profit warning saying that its 2015 results are expected to show a widening loss after production was halted last year and its bank accounts were frozen. The company is seeking an out-of-court settlement with creditors, expected by end March.