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Egypt Turns to Libyan Oil Amid Gulf Supply Disruptions

Egypt is moving to secure alternative energy supplies by negotiating imports of Libyan crude, as disruptions in Gulf shipments strain its refining capacity. Officials said, on Sunday March 29, Egypt is seeking to import at least one million barrels of oil per month from Libya, with talks underway between the National Oil Corporation and the […]

Morocco stands with Sudan’s stability, territorial integrity

Morocco, under the farsighted leadership of King Mohammed VI, will always support the stability and territorial integrity of Sudan, said on Monday Moroccan Foreign minister Nasser Bourita. Addressing remotely the 137th ministerial meeting of the Peace & Security Council of the African Union (AU), Bourita said Rabat will also always back the choices of the […]

Egypt Inks $1 bln Oil & Gas Deal with Shell, Petronas

The government of Egypt last weekend signed a deep-water oil and gas exploration deal with Royal Dutch Shell and Malaysia’s Petronas worth around $1 billion for eight wells, a statement said. The government in a separate deal of $10 million with Rockhopper, Kuwait Energy and Canada’s Dover Corporation, agreed on the exploration of the Western […]