Egypt is expecting foreign investment in the oil and gas sector to reach about $10 billion in the 2018/19 fiscal year, Petroleum Minister Tarek El Mol...
SDX Confirms ‘Significant’ Gas Discovery in Northern Morocco
North Africa focused oil and gas company SDX Energy Inc announced “significant” gas discovery in its LNB-1 well on the Lalla Mimouna permit in northwe...
Washington Hosts 2nd Meeting of USA-Morocco Strategic Energy Working Group
The USA-Morocco Strategic Energy Working Group has convened its 2nd meeting in Washington to look into ways of boosting cooperation between the two co...
IMF Urges Tunisia to Cut Fuel Subsidies
The International Monetary Fund (IMF) urged Tunisia to cut fuel subsidies and trim its public-sector payroll in a bid to lower budget deficit. “It is ...
SDX Confirms New Gas Discovery in North-Western Morocco
North Africa focused oil and gas company SDX Energy Inc announced that a gas discovery has been made at its SAH-2 well on the Sebou onshore permit in ...
Beijing’s PetroChina Signs Deal to Purchase Libyan Oil
China’s largest oil and gas producer and distributor, PetroChina has signed up with the Libyan National Oil Corporation (NOC) to buy Libyan oil, few m...
Tunisia to Invest $5 billion in Energy Projects by 2020
Tunisia will invest about $ 5 billion (12 billion dinars) in electricity and energy projects, between 2018 and 2020. According to a statement released...
Libya: US Treasury Slaps Sanctions on Oil Smugglers
The US Treasury has imposed new sanctions, including asset freeze, on several entities and individuals from Libya, Egypt and Malta believed involved i...
Egypt, Israel Seal $15 bln Gas Deal
Israeli Delek Drilling company announced that it signed a $15 billion agreement to export gas to Egypt, a deal described as most significant since 197...
french Voltalia to Build 2 Hydropower Plants in Morocco
Morocco’s Energy Ministry delivered permits to Voltalia to build two hydropower plants of respectively 9.8 MW and 7.2 MW in the Middle-Atlas reg...