SDX Energy announces commercial gas findings in Northern Morocco

British company SDX Energy announced commercial gas findings during a recent drilling operation in northern Morocco, describing the discovery as excellent news.   In a press release, the company announced that it drilled the BMK-1 well to a measured depth of 1,551 meters and encountered commercial quantities of gas.   “The Upper Guebbas was encountered […]

Egypt: Egypt Air boss fired, company lost $1 billion over four years

State-owned carrier Egypt Air has a new boss since Thursday after former boss Sameh el-Hefny has been sacked following the one billion dollar lost recorded by the company since the 2011 uprising. Samed el Hefny who ran the company since Marsh 2014 will be replaced by Sherif Fathy who is a consultant and worked as […]

Algeria: Military Court Seizes Passports of Sacked Generals

Five army generals recently dismissed by Algeria’s President Abdelaziz Bouteflika were banned from leaving the country as the military court has seized their passports over the weekend. The president of Algeria has fired without explanation several generals over the few past months. In June, President Abdelaziz Bouteflika fired General Abdelghani Hamel, a potential candidate in […]