Sound Energy Starts Drilling TE-10 Well in Eastern Morocco

Sound Energy, the Moroccan focused upstream gas company, has confirmed that the drilling at TE-10, the second well of a planned three exploration well campaign in Eastern Morocco, has started. The TE-10 well will test the North East Lakbir prospect in the Company’s Greater Tendrara permit and is located approximately 25 km to the northeast […]

UN, Washington call for Libyan talks to resolve Central Bank crisis

The United Nations and the US have called for an “urgent” meeting of Libyan political leaders to address the crisis of the Central Bank of Libya (BCL) and the blockade of oil production and exports. The UN Support Mission in Libya expressed “deep concern” over the worsening situation and convened a meeting to seek a […]

US urged to renew AGOA in order not to ‘lose economic ground’ in Africa to China

The United States is “missing an incredible window of opportunity” in Africa, a senior executive in US company told the US Senate Committee on Finance, urging a “quick renewal” of the African Growth and Opportunity Act (AGOA) that will have the largest impact on the US business interests on the African continent. SanMar Corporation’s general […]