Another Western intervention in Libya looms
The shaky debut last week of a new unity government in Libya brings Western nations, including the United States, much closer to a renewed military mission there, and to a Continue Reading
Algeria’s energy outlook for 2016: Do security risks trump investment opportunities?
Algeria’s state-owned hydrocarbon firm has endured recent policy adjustments that now provide foreign investors with new opportunities. But increasing energy insecurity threatens to nullify the potential for gain. In the Continue Reading
Key Libya cities throw support behind unity govt
Ten Libyan cities which were under control of the non-recognized government of Tripoli have broken away and pledged their support to the UN-backed government, one of the municipalities announced online Continue Reading
Libyan unity government starts work from ‘secured’ Tripoli naval base
A member of the force assigned to protect Libya’s unity government stands on a road leading to where the government has their offices, in Tripoli, Libya March 31, 2016. Libya’s Continue Reading
Report: Libya’s oil-based economy ripe for corruption
Though the fundamentals of the oil-based economy remain weak, the United Nations and Western leaders expressed support for prosperity in Libya. Members of a U.N.-backed national administration arrived in Tripoli Continue Reading
Unity Government Lands in Libya Amid Opposition, Threats
Libya’s United Nations-backed unity government finally assumed office in Tripoli on Wednesday despite opposition within two existing administrations and threats of violence from some militias based near the capital. Prime Continue Reading
Oil revenues down, Algeria woos energy investors
After a deep slide in oil prices, Algeria’s Sonatrach is shifting strategy to offer foreign firms direct negotiations to buy stakes in 20 oil and gas fields in a bid Continue Reading
Libya joins Iran in snubbing oil freeze: source
Libya does not plan to attend an April 17 meeting of oil producers about freezing supply to support prices, a Libyan OPEC delegate said on Tuesday, joining fellow OPEC member Continue Reading
Algeria: Following Attack, Oil Companies Pull Back
Two foreign oil companies pledged to reduce or pull out staff completely at two Algerian natural gas plants following a March 18 attack by militants on the Ain Amenas natural Continue Reading
BP, Statoil to withdraw staff from Algerian plants after attack
A view of a Krechba gas treatment plant, about 1200 km (746 miles) south of Algiers, December 14, 2008. BP and Norway’s Statoil will withdraw staff from two gas plants Continue Reading