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Muhammad Husain, the director of state own oil Indonesian company, PT Pertamina, has announced the company will be exploiting oil from Algeria in the next few months. This could allow the company to increase its reserve by 100 million barrels per day and additional crude oil output of 23,000 barrels per day. Negotiations are still […]
Egypt Ends “Privileges”, “Exceptions” Extended to Qatar
Cairo has announced that it is taking tougher decisions against Qatar due to the Emirate’s stubbornness to comply with the demands submitted by the Saudi-led boycotting bloc. Spokesman for the Egyptian foreign ministry Ahmed Abu Zeid highlighted that continuing to give “privileges” to Qatar and its nationals “in light of its current positions” is contradictory […]
Libya Invites Chinese Firms to Resume Projects Amid Reconstruction Drive
Libya has reaffirmed commitment to providing a safe and stable investment environment for Chinese companies to resume stalled projects and undertake new investments, particularly in the energy, housing and infrastructure sectors. The pledge was made by PM Abdul Hamid Dbeibah during a dialogue session organized on Wednesday by the High Committee for Supervising Libyan-Chinese Cooperation. […]



