Libya: Serraj orders military mobilization; Haftar forces’ advance westward

The Libyan Presidential Council (PC) led by designated Prime Minister Faiez Serraj has ordered the mobilization of all its aligned forces to block the advance of the self-proclaimed Libyan National Army (LNA) to the western region of the country in view of “numbing terrorists”. Khalifa Haftar, the military strongman and leader of the LNA, which […]

Cobalt prices increase following DRC’s export ban

Prices of cobalt, a key mineral for energy transition, began to rise following an export ban by the Democratic Republic of the Congo to balance the market. On China’s Wuxi Stainless Steel Exchange on Monday, cobalt trading was paused after prices jumped nearly 12%, the highest since October. Last month, DRC said it will stop […]

Morocco Offshore Exploration: Italian Company Eni Steps In

Italian multinational oil and gas company Eni has sealed a Farm-Out Agreement with Chariot Oil & Gas, which enabled Eni to get operatorship and a 40 pc stake in the Rabat Deep Offshore exploration permits I-VI, Morocco’s offshore. The deal, which still needs approval of the Moroccan authorities, allows Eni to operate in an area […]