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N.Africa

N.Africa
2017, May, 18, 19:05:00

ВЗАИМОДЕЙСТВИЕ РОССИИ И АЛЖИРА

Стороны обсудили взаимодействие на рынке нефти в рамках Декларации о кооперации по добровольной корректировке объемов добычи. Алжирская сторона поддержала совместное заявление Александра Новака и Министра промышленности и минеральных ресурсов Саудовской Аравии Халида Аль-Фалиха от 15 мая с.г. по продлению совместных добровольных действий ведущих производителей нефти на 9 месяцев – до 31 марта 2018 г.

N.Africa
2017, May, 12, 11:45:00

1 MLN U.S. OIL GAS JOBS

Private investment in U.S. natural gas and oil infrastructure could create over 1 million U.S. jobs.

N.Africa
2017, January, 26, 18:45:00

LIBYA NEEDS $100 BLN

Libya froze all new foreign investment in 2011 after the civil war that toppled strongman Moammar Gadhafi. International oil companies such as Total SA of France and ConocoPhillips have long had operations in Libya, and Eni SpA of Italy has found ways to keep pumping even as clashes among warring militias and Islamic State damaged the country’s oil infrastructure.

N.Africa
2016, December, 15, 18:55:00

LIBYAN OIL WILL UP

Operations have restarted at two key oil fields and a connected pipeline in Western Libya that have been shut down for over two years, Libyan officials said, following an agreement with local tribes.

N.Africa
2016, December, 12, 18:35:00

ENI - ROSNEFT DEAL

Eni has agreed a $1.125bn deal to sell a 30 per cent stake in its giant Egyptian gas field Zohr to Rosneft, as the Italian company continues efforts to monetise the recently-discovered field.

N.Africa
2016, November, 28, 18:45:00

LIBYA WON'T CUT

"Libya is in such a dangerous economic situation, there is no way it can participate in OPEC production cuts for the foreseeable future," NOC Chairman Mustafa Sanalla told delegates at the Arab-Austrian Economic Forum in Vienna on Friday, according to an NOC statement.

N.Africa
2016, November, 28, 18:30:00

BP BUYS 10%

BP announced that it has agreed to buy from Eni a 10% interest in the Shorouk concession offshore Egypt, which contains the super-giant Zohr gas field, for $375 million.

N.Africa
2016, November, 21, 18:50:00

OPEC'S CAUTIOUS OPTIMISM

"I came here to meet with the Iranian petroleum minister just before attending the crucial meeting of OPEC members in Algiers and Minister Zangeneh assured me here that he would do and Iran would do everything possible to reach the consensus and to work for it," the official added.

N.Africa
2016, November, 14, 18:50:00

OPEC OIL PRODUCTION 33.64 MBD

The Organization of Petroleum Exporting Countries increased its crude oil output by 240,000 b/d during October to average 33.64 million b/d.

N.Africa
2016, November, 9, 19:00:00

IMF WANTS MORE EGYPT

The IMF Executive Board will meet on Friday, November 11 to discuss Egypt’s request for financial assistance under an Extended Fund Facility (EFF) for the amount of $12 billion.

N.Africa
2016, November, 9, 18:55:00

WBG WANTS MORE EGYPT

The World Bank welcomes Egypt’s recent economic and social reform measures including the floatation of the currency, measures to boost investment especially in Upper Egypt, adjusting energy prices to reflect market conditions, and strengthening the social safety net.

N.Africa
2016, November, 9, 18:50:00

LIBYA CAN INCREASE

Libya, a member of the Organization of Petroleum Exporting Countries, is struggling to boost crude production and exports since the NOC reached an agreement in September with Khalifa Haftar, the commander of forces controlling important oil ports. As a result of the deal, the country was able to ship 781,000 barrels from the port of Ras Lanuf on Sept. 21, the first international cargo from that terminal since force majeure was declared in December 2014.

N.Africa
2016, October, 14, 18:35:00

U.S. OIL WELLS UNCHANGED

API announced today that estimated oil wells drilled and completed in the third quarter of 2016 remained relatively unchanged from the previous quarter at 2,285. That is a decline of 3.7%, which follows an average of 17.3% in quarterly declines for the past year and a half.

N.Africa
2016, October, 5, 18:30:00

LNG FOR AFRICA

With hundreds of millions of people living without electricity in the world's poorest continent, African countries are increasingly turning to gas to take advantage of lower global LNG prices amid a supply glut.

N.Africa
2016, September, 30, 18:35:00

AN IMPORTANT ISRAELI GAS

Europe sees Israel and the region as an important supplier of gas to Europe

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