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 […]
As China has come to dominate global supply chains for critical raw materials (CRM) over the last two decades, the European Union and the United States have played a catch-up in race for the control of the CRM supplies — with African countries being “caught in the cross-fire”. Faced with China’s lithium mining head-start, the […]
Half a ton of cocaine has been seized after Algerian authorities found it floating off Algeria’s coast in a new catch that confirms the country has become a main route for traffickers. The drug was found by fishermen in bags floating in the sea near Oran, Algeria’s defense ministry said. Besides sea routes, Algeria’s porous […]
