Cairo announced that it has reached preliminary deals worth $6.8 billion with Kuwaiti companies for the establishment of petrochemical projects. The i...
Arab countries and Iran to invest $ 755 Bln in energy by 2019
The Middle Eastern and North Africa (MENA) countries will invest 755 billion dollars in energy projects in the next five coming years despite the fall...
Circle Oil announces gas discovery in Morocco
Circle Oil announced a new gas discovery in the Sebou Permit after two previous similar announcements in the zone. Circle Oil Plc (AIM: COP), the Midd...
Algeria: Sonatrach reveals $90 billion investment, Shale gas production set for 2022
Chief Executive Officer of state-owned Sonatrach, Said Sahnoun, asserted that their five-year investment plan will go ahead despite plummeting oil pri...
MENA : Algeria, Libya and Egypt to replace Gazprom
Plans are underway for Algeria, Libya and Egypt to replace 50% of Russia’s Gazprom natural gas supply to Europe. Italy’s largest utility, Enel SpA, ho...
Algeria : Energy Minister unveils government’s ambition
Algeria’s Energy Minister Youcef Yousfi has given assurances that the country’s oil and gas production decline did not require worries during an energ...
Algeria: Ordinary operations resume at In Amenas gas plant
Ordinary operations are to begin at the In Amenas gas plant more than a year after the terrorists stormed it. The return of the companies came on the ...
Algeria : Sonatrach to pump $100billion to boost production
Sonatrach, a state owned energy group, has renewed its efforts towards increasing its production levels in oil and gas with the approval of a $100bill...
Algeria closer to sealing 3 energy projects with Tanzania
Bilateral energy talks between Algeria and Tanzania have reached advanced stages. The two governments are involved in discussions regarding three diff...
Tunisia : AfDB gives $75million for Tunisia’s gas network backbone
Tunisian state owned oil and gas exploration and production company, Entreprise Tunisienne d’Activités Pétrolières (ETAP), will be benefitting f...