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Tag: oil & gas
Fearing Russian retribution, Algeria backpedals on gas supply promise to Europe
CEO of Algeria’s oil and gas company Sonatrach Toufiq Hakkar said on Feb 27 his country was ready to tap the potential of a 10 ... Read More
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 ... Read More
Oil & gas: Congo to become Africa’s third largest producer
There is new hope for the oil industry in Congo as the recent onshore discovery made in the Delta de la Cuvette indicates that the ... Read More
Oil & gas: South Sudan, Kenya seek to boost cooperation
South Sudan and Kenya seek to boost their cooperation in the oil sector. To this end, South Sudan petroleum minister Daniel Awow Chuang, and ... Read More
Egypt Eyes $10 bln Foreign Investment in Oil, Gas
Egypt is expecting foreign investment in the oil and gas sector to reach about $10 billion in the 2018/19 fiscal year, Petroleum Minister Tarek El ... Read More
Exxon Mobil Taps into Mauritania’s Offshore Oil & Gas
Exxon Mobil and Mauritanian authorities have signed three production-sharing contracts for three deep-water exploration blocks. “These blocks further enhance ExxonMobil’s leading global deep-water acreage position,” ... Read More
Sound Energy Confirms Success of Second Onshore Discovery in Eastern Morocco
After making a significant onshore gas discovery in Tendrara in Morocco’s north east, Sound Energy confirms the success of a second TE-7 gas well lying ... Read More
Morocco on the Global Gas Map by 2019
Morocco is on track to becoming a player in the gas market following the successful drilling of the Tendrara wells, east of the country, which ... Read More
Total Challenges Algeria in International Court of Arbitration
French oil company Total has taken its dispute with Algerian authorities to the International Court of Arbitration, via the International Chamber of Commerce in Geneva. ... Read More
Does Algeria Need Nuke Power Plant?
Algeria, member of the OPEC Cartel and a major oil & gas producer in the region, has raised regional and international concerns when it announced ... Read More