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Month: December 2012

Egypt auctions US dollars

December 31, 2012 Steven Addamah 0

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

December 28, 2012 Steven Addamah 0

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

December 26, 2012 Steven Addamah 0

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

December 25, 2012 Steven Addamah 0

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 […]

Tunisia hold’s auction to ease budget deficit

December 24, 2012 Geraldine Boechat 0

Some on the belongings of ex-president Zine al Abidine Ben Ali will be going under the hammer in Tunisia. He left the country when protests […]

Egypt: Cairo International Film Festival On Track Again

December 21, 2012 Steven Addamah 0

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 […]

EU to strengthen Tunisia support

December 20, 2012 Geraldine Boechat 0

The head of the European Union parliament, Martin Schultz who is presently on an official visit to Tunisia said it seems as if  Tunisia is […]

Libya: energy and petroleum investment hub

December 19, 2012 Steven Addamah 0

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 […]

Algeria And Renault To Sign Tomorrow

December 18, 2012 Geraldine Boechat 0

Expectations are reaching the climax as reports concerning the Algerian interest in the French automaker Renault SA construction of a plant in the country for […]

Libya: ENI becoming oil and gas Leader

December 17, 2012 Steven Addamah 0

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 […]

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