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Category: North Africa

Category:
  • Egypt
  • Israel

Israel approves natural gas exports to Egypt

Dec 24 Israel’s government has given the go ahead to begin exporting natural gas to Egypt, signalling a potential improvement in relations between two countries which have been at loggerheads Continue Reading

Posted On : 25 Dec 2015 Published By : Tom Whipple
Category:
  • Libya

Eni praises role of Tripoli’s national oil company

Less than a week after the signing of Libyan political agreements, Italian energy company Eni said it welcomed the state oil company’s role in national unity. Eni Chief Executive Officer Continue Reading

Posted On : 22 Dec 2015 Published By : Tom Whipple
Category:
  • Libya

Peace in Libya Is Signaling More Pain in the Oil Market: Chart

The year 2016 may prove a time in which the theoretical underpinnings of the old adage that “the best cure for low prices is low prices” is challenged, according to Continue Reading

Posted On : 22 Dec 2015 Published By : Tom Whipple
Category:
  • Libya

Libya Peace Deal Won’t Be Enough to Restore Former Oil Output

Libya’s United-Nations-brokered peace deal may help calm deepening political turmoil, but the North African nation will struggle to restore oil production to levels reached before the Arab Spring five years Continue Reading

Posted On : 19 Dec 2015 Published By : Tom Whipple
Category:
  • Libya

Libya’s Rival Factions Sign Deal for Unity Government

Representatives of Libya ’s dueling parliaments signed a United Nations -brokered agreement on Thursday to form a national unity government that supporters said was an important and long overdue step Continue Reading

Posted On : 19 Dec 2015 Published By : Tom Whipple
Category:
  • Libya

Libya’s Eastern Oil Company to Sign Oil Sales Amid UN Peace Deal

The National Oil Corp. affiliated with the internationally recognized government in eastern Libya said it will sign agreements with six companies to sell the country’s crude oil after a peace Continue Reading

Posted On : 19 Dec 2015 Published By : Tom Whipple
Category:
  • Algeria

Algeria to Boost 2016 Oil Output, Offer Rights Amid Global Glut

Algeria’s state oil producer Sonatrach Group plans to raise crude output by 5 percent next year and offer energy-exploration rights to foreign companies by the end of March, steps that Continue Reading

Posted On : 17 Dec 2015 Published By : Tom Whipple
Category:
  • Libya

Chaos in Libya: It’s the oil, stupid

There is seems no end to the bad news coming out of Libya. UN-led negotiations to unite the divided country — it has two parliaments, two governments, two militia coalitions Continue Reading

Posted On : 14 Dec 2015 Published By : Tom Whipple
Category:
  • Libya

Libyan Factions Urged to Form Unity Government

Diplomats from 17 nations on Sunday urged leaders of some of Libya’ s rival political factions to form a unity government that could reverse the nation’s descent into anarchy and Continue Reading

Posted On : 14 Dec 2015 Published By : Tom Whipple
Category:
  • Egypt
  • Israel

Israeli companies keen on Egyptian gas deal

Companies working in the Israel energy sector said they’re still pursing commercial deals in Egypt despite reports of a breakdown in talks. Egyptian media outlet Ahram Online reported during the Continue Reading

Posted On : 9 Dec 2015 Published By : Tom Whipple

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