Moroccan Court Postpones Appeal Decision on Refiner Samir

• Thursday, 5th May 2016
• by Egypt Oil & Gas

A Moroccan court has postponed a decision on an appeal for a week, made by the owner of the country's sole oil refiner Samir against a ruling that placed it into liquidation.

Morocco Refiner Samir Appeals Court Decision on Liquidation

• Friday, 25th March 2016
• by Egypt Oil & Gas

Morocco's oil refiner Samir has lodged an appeal against a recent court decision that placed it into liquidation and named an independent trustee to run the company, the refiner's lawyer said.

Moroccan Oil Refiner Samir Gets Backing for Key Capital Increase

• Monday, 19th October 2015
• by Egypt Oil & Gas

Moroccan oil refiner Samir said it has won the backing of its extraordinary general assembly for a capital increase of $1.04b in an effort to end the company's financial difficulties.

Morocco Oil Refiner Plans Capital Increase to End Crisis

• Sunday, 13th September 2015
• by Egypt Oil & Gas

Morocco oil refiner Samir informed it was planning a capital increase of $1.04b in an effort to end the company's financial difficulties. As Morocco's only refinery, its closure would make the country entirely relian ...

Morocco’s Refiner Samir Releases Record Loss Due to Oil Price Fall

• Wednesday, 25th March 2015
• by Egypt Oil & Gas

Morocco's only oil refiner Samir posted a record net loss of 3.42 billion Moroccan dirham ($349.7 million) in 2014, mainly due to inventory revaluation after oil prices fell.