Libya oilfields

Libya Announces Reopening of Key Oil Terminals, Triggering Fall of Crude

Libya’s oil production and export operations will resume to normal levels after General Khalifa Haftar, the military strongman controlling eastern Libya, agreed to allow four export ports (Ras Lanuf, Es Sider, Zueitina and Hariga) to reopen. The announcement was made Wednesday by the country’s National Oil Corporation, the only Libyan authorized body to export the […]

Algeria risks economic decline as barrel drops below $60

The already fragile economic and financial conditions in Algeria are expected to worsen as oil, the country’s main export, drops below $60 per barrel. Oil markets plunged following Trumps tariffs that triggered fears of a global slowdown and reduced demand for oil and gas, whose prices have also declined. Oil and gas represent the bulk […]

King Mohammed VI Seeks to Make of the New Development Model a New Social Contract

The new development model King Mohammed VI seeks to establish in Morocco is a new social pact where the Moroccan citizen is at the heart of the development process and is the ultimate goal of development.   In a speech he delivered Tuesday evening from the North-eastern city of Al Hoceima on the celebration of […]