Libya’s NOC accused of inflating production data to avoid budget scrutiny

A source familiar with Libya’s oil sector has alleged that the National Oil Corporation (NOC) is publishing inflated production figures to evade accountability for the utilization of a 60 billion Libyan dinar budget allocated to increase oil output. According to the source, OPEC’s monthly report, released on December 13, 2024, stated that Libya’s crude oil […]

Morocco tightens grip on traffickers in border crossing with Mauritania

Morocco is stepping up its crackdown on traffickers in the border crossing with Mauritania, Guerguarat, which by the past witnessed tensions between Moroccan army and Polisario militias who attempted to hinder the flow of traffic. As the noose tightens on traffickers, a customs officer was attacked in his car by an unknown gang that also […]

Nigeria to build floating LNG terminal

Nigeria has offered a license to UTM Offshore Limited to build the country’s first floating LNG terminal. The plant would use gas from an ExxonMobil oil field in the Niger Delta and would serve both as an export terminal and supply the domestic market, local media reported. The infrastructure would curb gas flaring which costs […]