In Benghazi’s devastated downtown, ex-fighters warmed themselves over a bonfire made from broken furniture. The forces of Gen. Khalifa Hifter routed the last Islamist militias from Benghazi in December. BENGHAZI, Continue Reading
Since the ousting and subsequent killing of Muammar Gaddafi in 2011, Libya’s oil production has remained below capacity. With the lingering effects of civil war, the country which is a Continue Reading
Libya’s National Oil Corporation (NOC) said on Wednesday it had signed a deal with French building and engineering group Artelia to manage the development of an office complex in the Continue Reading
The Sahara Desert has expanded by about 10 percent since 1920, according to a new study by University of Maryland scientists. The research is the first to assess century-scale changes Continue Reading
Oil majors Anadarko, Total, ENI and Statoil have expressed interest in helping Algeria start offshore drilling, according to state news agency APS which quoted the CEO of the North African Continue Reading
Algeria is mulling over luring in international oil companies with tax incentives in a new energy law aimed at stimulating the North African country’s oil and gas industry. The government Continue Reading
A fractured political landscape is creating economic headwinds for oil-rich Libya, Human Rights Watch said. File photo by cherezoff/Shutterstock March 21 (UPI) — Oil-rich Libya is risking economic opportunities with Continue Reading
In February, Noble Energy and its partners reached an agreement with the Egyptian company Dolphinus Holdings to sell gas from offshore Israel to Egypt, a deal that could jumpstart a Continue Reading
British Petroleum has begun to sell off its mature oil fields in Egypt to shift its focus to developing the country’s large natural gas reserves, according to a new report Continue Reading
A labor strike at the Zawiya oil port in Libya delayed operations on Monday, but oil trading sources that spoke to Reuters said negotiations to end the disruptions are ongoing. Continue Reading
