Zambia had launched talks with Saudi Arabia to secure “cheap oil” supplies, while also seeking support from the International Monetary Fund (IMF). Zambian Minister of Energy Peter Kapala noted an attempt at a deal with Saudi Arabia by the previous government, but said there was a change of approach. Rather than buying the petroleum goods […]
As Oil prices continue falling, hitting their lowest level in five years, Algeria launched an SOS calling the Organization of Petroleum Exporting Countries (OPEC) to lower production and restore the oil market balance. “OPEC needs to intervene to lower production and thus remedy the unbalances of the market,” Algerian energy Minister Youcef Yousfi was quoted […]
Several Indonesian media outlets wrote that King Mohammed VI will make in December a “historic” visit to Bali, where he will attend the 10th Bali Democracy Forum (BDF). The Jakarta Post reported that the King will deliver a key note address during the BDF, adding that the visit was confirmed by Moroccan Foreign Minister Nasser […]
