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 […]
Month: December 2012
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 […]
Tunisia hold’s auction to ease budget deficit
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
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
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
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
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
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 […]