The London High Court ruled that the British Energy company, BP, pays $68.9 million to the National Bank of Abu Dhabi (NBAD) in a case originating from the sudden closure of Morocco’s Samir refinery in 2015. BP “sold a cargo of crude to Samir in August 2014 which was not paid for and NBAD took […]
Despite Egypt and the United Arab Emirates (UAE) refuting allegations that they are involved in the airstrikes by unidentified warplanes, U.S officials have stated that the two countries were behind the attacks. Libya suffered two separate air strikes in the past couple of days. Their targets were the Islamists. Cairo has always warned that it […]
Niger is considering routing its oil through neighboring Chad and Cameroon, instead of using a China-backed pipeline running from Niger to Benin’s coast, after protracted diplomatic disputes with the latter and a recent rebel attack that damaged the vital pipeline. The China-backed pipeline, which the junta in Niamey hoped would turn Niger into an oil-exporting […]
