Egypt Inks $1 bln Oil & Gas Deal with Shell, Petronas

The government of Egypt last weekend signed a deep-water oil and gas exploration deal with Royal Dutch Shell and Malaysia’s Petronas worth around $1 billion for eight wells, a statement said. The government in a separate deal of $10 million with Rockhopper, Kuwait Energy and Canada’s Dover Corporation, agreed on the exploration of the Western […]

‘Africa is no one’s pawn’, says AU chief, as top US, Chinese, Russian officials tour continent

Top American, Chinese and Russian officials — US Treasury Secretary Janet Yellen, Chinese Foreign Minister Qin Gang and Russian Foreign Minister Sergey Lavrov — are all scrambling to visit several African nations in January to pledge their countries’ commitment to the world’s fastest-growing continent. As President Joe Biden prepares for a visit to Africa later […]

Polisario’s Delirium Concerning Morocco’s Territorial Waters

Faithful to its disinformation campaigns and propaganda methods, the Polisario issued a statement condemning Morocco’s adoption of a legal text providing for the demarcation of its maritime boundaries with the Spanish Canary Islands in the Atlantic ocean. In a statement, the Algerian-based Polisario alleged that the draft law adopted by the Government Council on Thursday […]