Renault

Algeria should brace for end of oil

As pro-democracy protests continue to rattle the Algerian regime, Algeria marches ahead to an economic disaster as domestic energy consumptions nears levels of gas and oil production. Since 2007, Algeria’s consumption of oil and natural gas has risen by more than 50 percent while its oil production has fallen by 25 percent. With less oil […]

Niger temporarily halts issuance of new mining licenses

Niger’s authorities have temporarily halted the issuance of new mining licenses and ordered an audit of the industry, the Ministry of Mining announced, according to press reports. It is unclear what motivated the measure. However, it comes amid the increase in the price of the commodity on the international market. Last week, the price of […]

Brega Company: Three tankers with 90 million liters of fuel started unloading in west Libya

On Thursday, August 22, Brega Oil Marketing Company announced that three tankers had arrived at the ports of Misrata, Tripoli, and Al-Zawiya, each carrying 30 million liters of gasoline. The company stated on Facebook that the fuel would be distributed to stations within two days to alleviate congestion caused by previous delays. Fuel distribution in […]