Qatar Petroleum eyes international expansion to resist global competition
Qatar’s energy minister Mohammed Bin Saleh Al-Sada has stated that there are plans to make Qatar Petroleum (QP) a worldwide leading company in the sector […]
Business
Algeria: Oil and gas findings vs. the European gas reduction of consumption
Algeria’s oil sector has welcomed jubilant news after results from the Hassi R’mel field showed that it has some one billion barrels of oil while […]
Oman-Iran: North-South corridor project gas pipeline
The much awaited natural gas pipeline construction between Oman and Iran will be completed in 2015. Negotiations over the 60billion deal took a decade for […]
Algeria discovers “extremely promising” gas reserves
Energy Minister Youcef Yousfi has denied claims that Algeria will be forced to forgo the exportation of natural gas due to the unsymmetrical balance between […]
Libya gives Malta preferential oil rates
Libya and Malta have taken an important step in reviving their relations through a Memorandum of Understanding designed to give Malta preferential rates for oil […]
Total petroleum group is emerging as an Egyptian heavyweight
French oil major, Total, has established its largest marketing and services unit in Egypt after acquiring the assets of Chevron Corporation. The deal also included […]
Libya: Drafted law limits foreign ownership at 49%
Libya’s newly drafted law aimed at regulating the actions of foreign companies has received international criticisms as it awaits the approval of the parliament. International […]
Tunisia: Among Africa’s economic super power in 2038
According to Wikistrat, a geopolitical consulting firm, Tunisia has been considered as a natural global candidate among other economies and is supposedly expected to lead […]
BP and Statoil frustrates Algerian government
British Petroleum (BP) and Statoil are at loggerheads with the Algerian government over security issues. Algiers fears that its oil and gas production capacity will […]
Egypt: Sawiris brothers ready for record breaking investment
The Sawiris brothers, one of Egypt’s richest families, have decided to increase their investment to an unprecedented level following the ousting of Morsi by the […]