Tag: oil

Algeria doesn’t have enough oil for Egypt

May 6, 2013

Algiers has made it intentions known to Cairo that deals involving natural gas could only be discussed in 2014, due to the need to develop ... Read More

Algeria offers Russia open investment opportunities

May 2, 2013

According to a statement released by the Algerian Ministry of Oil, Algeria is willing to open the door to Russia in an invitation made to ... Read More

Libyan oil to Cairo on soft terms

April 29, 2013

Two senior officials in the Libyan oil ministry have claimed that Libya could be exporting $1,2 billion worth of crude oil at world prices, but ... Read More

Libya’s oil market still plagued by insecurity

April 25, 2013

The Libyan oil law being drafted by a committee is expected to be ready before September “if all goes well” according to oil minister Abdelbari ... Read More

Algeria: new oil discovery

April 19, 2013

The first phase of the drilling campaign of Hassi Bir Rekaiz perimeter, carried out by the National hydrocarbon company Sonatrach in partnership with Thai company ... Read More

Libya Finds New Oil & Gas Fields

February 21, 2013

Libya has announced new oil and natural gas discovery in the Ghadames basin southwest of Tripoli, opening new prospects for the battered economy of the ... Read More

Longreach Completes 2D Seismic Program Onshore Morocco

February 20, 2013

Longreach oil and gas limited, an independent oil and gas company holding exploration and near term development licences in Morocco, announced earlier this week that ... Read More

Turkish Firm to Invest $700m in Iraqi Steel Plant

February 13, 2013

A Turkish company will invest $700 million in an Iraqi steel plant to upgrade its production capacity to 1 million tons per year. Under the ... Read More

Libya Tries to Lure Saudi Investors

February 4, 2013

Libya has called on Saudi economic operators and financiers to invest in the North African country mainly in the oil and gas industry sector. The ... Read More

Algeria: oil and gas investments under uncertainty

January 22, 2013

Following the hostage situation in Algeria, analysts fear that oil and gas future investments are dominated by uncertainty due to fears that investors will be ... Read More