GNA leader Fayez Serraj

Libya: Operations onshore Sirte Basin transferred to new company

Operations onshore Libya’s Sirte Basin were transferred by Wintershall Aktiengesellschaft (WIAG) to Sarir Oil Operations (SOO), a newly established joint operating company with the National Oil Corporation (NOC). The transfer concerns operatorship of Contract Areas 91 (former Concession 96) and 107 (former Concession 97), wintershall said in a press release. After the signing of two […]

Turkey: Erdoğan’s AKP loses majority in Parliament, elections marred with violence, fraud

June 7 parliamentary elections will remain as a milestone in the history of Turkey as AKP (Justice and Development party) of President Recep Tayyip Erdoğan has lost majority in the parliament and consequently the possibility to form a single party cabinet that could have enabled Erdoğan to implement his powerful presidential system project. AKP registered […]

Sahara: Morocco’s King offers Algeria face-saving exit!

The Throne Day speech delivered Tuesday by King Mohammed VI sends Algerian regime a clear message of peace and openness to dialogue to settle differences hampering the development of bilateral relations and affecting the Arab Maghreb Union. It is the fourth outreach diplomatic move made by the Monarch to open up a new chapter in […]