Algeria finds new oil reserves
Soantrach, the national hydrocarbon company of Algeria has made an announcement of the discovery of crude oil in the basin of Berkine in partnership with […]
China
Ethiopia: the Nile River and mega dam constructions
Ever since Ethiopia decided to invest almost $12 billion to exploit energy that can be provided by the Nile River which crosses the country by […]
Two wells discovered in Algeria
Two oil discoveries have been made by Sonatrach (in cooperation with two Asian companies; China National Offshore Oil Corporation limited (CNOOC) and Thailand public oil […]
Iran Revolutionary Guards in Syria and Lebanon
Iran has confirmed the presence of its ”military advisors” in Syria and neighboring Lebanon. It is really a scary thing because these aides, who are […]
Algeria: Market motivated Novo Nordisk’s decision
The significance of the Algerian market has pushed the Novo Nordisk Region International Operation to choose the country among several others as a place to […]
World hails Sudan and South Sudan agreement
World leaders have praised Sudan and South Sudan for the sacrifices they have made to conclude an agreement over the transportation of oil that both […]
Arab League prepares UN Syrian resolution
The Arab League has decided to take its dealings concerning the Syrian crisis to the General Assembly of the United Nations. These revelations were made […]
China offers new $20 billion worth loans to Africa
China announced on Wednesday that it would offer Africa new loans worth $20 billion over the next three years to support infrastructure, the manufacturing industry […]
Fearing US, UE sanctions, Kenya cancels oil deal with Iran
Kenya has cancelled an agreement it signed end of May with Iran under which it was to import Iranian crude oil to cover all its […]
Ethiopia to extend railway network under $3.2 billion deals
Ethiopia will extend its railway network by the construction of 5,000 km of railway lines by 2020. To this end, Ethiopia struck deals with a […]