Iraq: The cost of the Political crisis

Tensions between the governments in Baghdad and the semi-autonomous region of Kurdistan are jeopardizing the country’s effort to stand again on its feet. Iraq is now the second largest oil producing country within the Organization of the Petroleum Exporting Countries (OPEC) but it is also loosing $200 each second because of the frequent blockage of […]

New Morocco-UK shipping line operational in September, British ambassador says

The new shipping line to connect directly Tanger Med and Poole in southern England would be operational in September, said British Ambassador to Morocco, Simon Martin. In an interview with Le360 news outlet, the United Kingdom’s Ambassador to Morocco, Simon Martin, announced that the shipping line between the ports of Tangier Med and Poole, England, […]

Algeria to Push for Oil Production Freeze at Informal OPEC Talks

Algeria and other OPEC members whose budget took a toll on the backdrop of the oil price plunge are expected to push for a production freeze during an OPEC informal meeting scheduled for late September in Algiers. OPEC has lined up an informal meeting on the sidelines of the International Energy Forum in Algeria in […]