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Libya: Oil companies warn of production setbacks due to delayed budget allocations

The Arabian Gulf Oil Company (AGOCO), National Construction, and Al-Jawf companies have issued a stern warning regarding the adverse effects of delayed operational budget disbursements, describing this as a significant barrier to projects aimed at boosting production. The companies raised these concerns during the first session of the General Assembly of the National Oil Corporation […]

Africa Energy International

DRC: Oil Companies in the southeast on strike

The oil companies operating in the provinces of the former Katanga and the Kasai region have announced “that they will proceed from this Thursday, August 6, to the cessation of their activities of distribution and storage of petroleum products.” The announcement came in a press release from the Haut-Katanga section of the Congolese employers’ union, […]