nexans

Egypt: Cars on Natural Gas

The president of the Board of Directors of Cargas, Tariq Al-Dagwa, alongside the secretary general Ghada Wali of Social Fund for Development (SFD) have inked an accord to promote natural gas in Egypt by converting more vehicles. In the concluded EGP 5million agreement, Cargas is tasked with the construction and conversion of 1,000 new vehicles […]

Eastern Libya’s budget push signals strategic bid for oil leverage amid political deadlock

In a bold financial maneuver, Libya’s eastern-based authorities have fast-tracked the approval of a $12.7 billion infrastructure budget—framed as a national development drive, but widely viewed by analysts as a calculated step to consolidate control over oil revenue streams. Overseen by Belgassim Haftar, son of military strongman Khalifa Haftar, the Development and Reconstruction Fund is […]

Four Libyan oilfields to reopen after deal between Prime Minister & PFG

Production at four vital Libyan oilfields will resume after a meeting between Prime Minister Abdulhamid Dbeibeh and representatives of a faction of the Petroleum Facilities Guard (PFG) which handle security of the sites, reports say. Wafa, El Feel, Sharara and Hamada oilfields halted production after the PFG staged protests against a number of issues, including […]