AstraZeneca

Algeria’s foreign exchange reserves plunge amid drop in oil revenues

Algeria’s public debt rose to 45% of GDP while its foreign exchange reserves continue to shrink on the back of falling oil prices in international market boding ill for the social peace of a country where dissent is growing. Newly appointed Prime Minister Abdelaziz Djerad sounded the alarm bell recently while speaking to MPs about […]

Chariot announces commencement of drilling operations at Morocco’s Anchois gas field

Chariot Limited, the Africa focused transitional energy group, announced Tuesday August 20 that drilling operations have commenced offshore Morocco on the Anchois East well, marking a significant step in the development of the Anchois-3 well. The drillship Stena Forth has arrived at the Lixus Offshore license, initiating a key phase in the Anchois gas project, […]

Libya welcomes release of Hannibal Gaddafi following diplomatic talks with Lebanon

The Libyan Government of National Unity has confirmed the release of Hannibal Gaddafi by Lebanese authorities, lifting both the travel ban and bail conditions that had been imposed. Tripoli attributed the development to sustained Libyan diplomatic efforts aimed at resolving the matter through a legal and humanitarian framework that upheld the dignity of its citizens. […]