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Category: North Africa

Category:
  • Algeria

Oil Majors Boost Access to Algerian Gas as EU Clamors for Fuel

TotalEnergies SE , Eni SpA and Occidental Petroleum Corp. struck an agreement with Algeria to develop the Berkine basin, reflecting growing interest in the nation’s energy resources as importers pull Continue Reading

Posted On : 20 Jul 2022 Published By : Tom Whipple
Category:
  • Libya

Militias Armed And Ready As Libya’s New NOC Lifts Oil Blockade

Militias mobilized overnight in the Libyan capital, Tripoli, as tensions rise amid the take-over of the National Oil Company (NOC) and the alleged lifting of force majeure at all oilfield Continue Reading

Posted On : 19 Jul 2022 Published By : Tom Whipple
Category:
  • Libya

Libya’s NOC says five tankers to export crude after lifting force majeure

Libya’s National Oil Corp. expects five tankers to load crude from oil terminals over July 19-July 21, after the new management of the state-owned company lifted force majeure following a Continue Reading

Posted On : 19 Jul 2022 Published By : Tom Whipple
Category:
  • Libya

Under new management, Libya’s NOC announces first oil export after lifting force majeure

Libya, which replaced the board of state-owned National Oil Corp., is loading its first cargo of condensate since the lifting of force majeure from all ports and fields, though the Continue Reading

Posted On : 18 Jul 2022 Published By : Tom Whipple
Category:
  • Libya

End of Libyan oil blockade to be announced shortly, two tribal figures say

 Two Libyan tribal figures involved in a blockade of oil exports that has reduced output by 850,000 barrels per day said they expect the government-installed National Oil Corporation chief to Continue Reading

Posted On : 16 Jul 2022 Published By : Tom Whipple
Category:
  • Libya

Libya’s New Oil Chief Says Output Will Be Fully Back in a Week

The new head of Libya’s National Oil Corp. has vowed to end a blockade, double crude production to 1.2 million barrels a day and protect existing contracts with foreign oil Continue Reading

Posted On : 15 Jul 2022 Published By : Tom Whipple
Category:
  • Libya

Libya’s oil sector faces more uncertainty as GNU looks to oust NOC’s Sanalla

Highlights Libyan oil production languishing at two-year lows due to oil blockade Bengdara appointment could further politicize Libyan oil Libya’s oil sector could see more political turmoil after the Government Continue Reading

Posted On : 14 Jul 2022 Published By : Tom Whipple
Category:
  • Libya

Libyan Oil Crisis Intensifies With Attempt to Remove NOC Board

Libya’s government in Tripoli has reportedly appointed a new board to govern the National Oil Company (NOC), with interim Government of National Unity prime minister dismissing long-time chairman Mustafa Sanalla Continue Reading

Posted On : 13 Jul 2022 Published By : Tom Whipple
Category:
  • Egypt

Inflation Sends Egypt Private Sector Into Worst Slump Since 2020

Egypt’s non-oil private sector economy had its worst performance in two years as demand slumped after a sharp spike in prices and the pound’s devaluation while businesses struggled to secure Continue Reading

Posted On : 6 Jul 2022 Published By : Tom Whipple
Category:
  • Libya

Protesters break into Libya’s parliament building in Tobruk -witnesses

Protesters broke into Libya’s parliament in Tobruk on Friday evening and set a fire in front of the building to express their anger towards Libya’s warring political parties, witnesses told Continue Reading

Posted On : 2 Jul 2022 Published By : Tom Whipple

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