Energy and Mining Minister Youcef Yousfi has said that the government will be dedicating more than $1,264 billion to its renewable energies program by...
El Merk marks Algeria’s comeback in oil production
State-owned Sonatrach and Anadarko Petroleum Corporation have finally started production at the El Merk oil complex located in the Sahara desert of Al...
Japan to build Turkey’s 2nd nuclear power plant
Japan will build Turkey’s second nuclear power plant to be located in the Sinop province, northern Turkey, on the Black Sea. The contract worth $22 bi...
Algeria doesn’t have enough oil for Egypt
Algiers has made it intentions known to Cairo that deals involving natural gas could only be discussed in 2014, due to the need to develop production ...
Libyan oil to Cairo on soft terms
Two senior officials in the Libyan oil ministry have claimed that Libya could be exporting $1,2 billion worth of crude oil at world prices, but on int...
Egypt: China targets Giza industrial and investment zone
A Chinese delegation composed of investors and businessmen is currently on a visit to Egypt to seek new ventures. The delegation paid a visit to the i...
Algeria: new oil discovery
The first phase of the drilling campaign of Hassi Bir Rekaiz perimeter, carried out by the National hydrocarbon company Sonatrach in partnership with ...
Egypt distributes offshore Mediterranean blocks
Eight oil and gas exploration projects have been awarded by Egypt to several companies in a statement released from the ministry of petroleum. The dec...
Libya‘s oil production is back on track
After halting its oil production during the uprising against Ghaddafi and beginning production activities after his ousting, Libya has finally reached...
Mauritania: Forte Energy to begin uranium mineralization
Forte Energy NL, an Australian-based minerals company formerly known as Murchison United NL, has sealed a contract with Wallis Drilling Africa. The de...