Libya oil General Khalifa Haftar, chief of the Libyan National Army (LNA), and his forces have taken control over two of the four export terminals in the Oil Crescent, according Continue Reading
A new pipeline project to bring Nigerian gas through Africa to Europe has been launched by the sovereign wealth funds of Nigeria and Morocco, the latest attempt to link Nigeria’s Continue Reading
New natural gas discoveries were made earlier this month in Egypt’s western desert, announced Royal Dutch Shell plc, commonly known as Shell. The discoveries were made in Alam El-Shawish concession Continue Reading
Africa’s biggest sovereign wealth fund slumps after oil crash Oil minister Boutarfa shuttles between capitals to find deal Algerian Energy Minister Noureddine Boutarfa’s shuttle diplomacy between Tehran, Moscow and Vienna Continue Reading
North Africa oil Power issues in key Libyan oilfields caused national oil output to drop by 70,000 barrels per day over the past week, according to Mustafa Sanallah, the chairperson Continue Reading
The Cairo Governor announced on Tuesday that taxi fares’ initial charge will increase from EGP 3 to EGP 4, along with an increase in the rate per kilometer from EGP Continue Reading
Libya-based Waha Oil Co reached a production rate of 75,000 barrels per day and expects output to increase in the coming weeks, according to recent reporting by Reuters. The oil Continue Reading
Egypt to get 2 million barrels of Kuwaiti crude a month Shipments not meant to make up for Egypt’s loss of Saudi fuel Kuwait renewed a contract to supply Egypt Continue Reading
Country targets about 1.1 million barrels a day in 2017 Planned boost highlights challenge to OPEC’s accord on cuts OPEC’s Libya plans to almost double crude production next year even Continue Reading
A general view of the lobby outside of the Carlyle Group offices in Washington, U.S…. A Carlyle Group LP hedge fund has lost the $400 million it invested last year Continue Reading
