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Tag: oil
Algeria doesn’t have enough oil for Egypt
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
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
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
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
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
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
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
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
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
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