Oil-dependent Libya needs to invest between $3 billion to $4 billion in order to reach a production level of 1.6 million barrels per day, acting oil minister Khalifa Abdulsadek told Reuters. In 2024, Libya was producing 1.4 million barrels per day, according to the National Oil Corporation. Oil represents up to 98% of Libya’s income. […]
U.S. Secretary of State Hillary Clinton started this Monday a visit to Algeria for talks with Algerian officials on the situation in northern Mali, a vast desert area that has been seized by Islamist militant groups following a military coup in the African country last March. Mrs Clinton will join her voice to France’s to […]
The Egyptian army said it has eliminated 46 militants in the restive Sinai province in several gun battles that also claimed lives of three soldiers. The army in February last year launched an operation in the Sinai province to flash out Islamist state fighters and other militant groups. In a video recording made public Monday, […]
