Egypt gets Qatar’s billions before IMF
Qatar gave Egypt an economic lifeline by lending the country another $2 billion and given it an extra $500 million outright to help control its […]
Articles by Steven Addamah
Mauritania: Total to drill second well
According to reports, the French company Total will be increasing its exploration in Mauritania as it prepares to begin the drilling of a second oil […]
Libya-Tunisia free zone underway
Work is in progress to finalize the creation of a free trade zone between Libya and Tunisia by the Islamic Corporation for the Development of […]
Egypt auctions US dollars
As the Egyptian pound reaches 6.1858 to a dollar, its lowest in 8 years, the central bank is urging Egyptians to “ration” their foreign currency […]
Libya: Disruption of Oil Exports
Libya, an OPEC member, which is seeking to boost its oil production, is currently hit by some waves of sporadic demonstrations, affecting the North African […]
Algeria to increase strategic storage capacity
Sonatrach has announced another ambitious project that it will undertake within the shores of the country to increase its strategic storage. Speaking on behalf of […]
Mauritania’s thermal project awarded to Wartsila
The Islamic republic of Mauritania ambitions to be self sufficient in terms of energy demands has taking another giant stride after the country awarded the […]
Egypt: Cairo International Film Festival On Track Again
Cairo International Film Festival (CIFF) is being held this year although it was cancelled last year due to the violent demonstrations in Tahrir Square, close […]
Libya: energy and petroleum investment hub
According to a report entitled ‘Mergers and Acquisitions in the Oil and Gas Industry: Current Upstream M&A Issues and Transaction Considerations’ released by Deloitee, Libya […]
Libya: ENI becoming oil and gas Leader
A decade long investment plan worth $8 million has been revealed by ENI# to develop its upstream business as it moves to strengthen its grip […]