Africa | Egypt Oil & Gas - Part 37
Libya Risks Facing Bankruptcy as Oil Prices fall
Rome: The United States and five of its European allies on Saturday warned that Libya could face bankruptcy if its oil output and prices on international markets continue to fall. financial assets if the situation d ...
Reinventing Nigeria’s Oil Dependency
As Nigerians prepare for presidential elections, the armed group Boko Haram, corruption and falling oil prices are some of the issues worrying Africa's most populous nation.
Gunmen Attack Libyan Oil Field and Kill Four
An attack on a central Libyan oil field has left four people dead and appeared to be the work of radical Islamist fighters targeting Western interests, Libyan officials said Wednesday.
Tanzania Provides E&P Opportunities To Businesses
FLORENCE, ITALY—Tanzania’s oil and gas sector is open for business and following a raft of offshore gas discoveries in the past few years, opportunities abound.
Fighting Breaks Out Near Libya’s Largest Oil Port
Fighting between rival militias resumed close to Libya’s largest oil port on Tuesday, while Islamic State claimed another attack in Tripoli, as the country further descends into lawlessness.
Strikes in US Refinaries Decrease Libyan Exports and Boost Crude
WTI crude (CLH5: $51.2 +3.2%) and Brent crude (LCOH5: $56.7 +3.6%) are trading higher for a third day as they continue to find support from the strike action at refineries in the US and a slump in Libyan exports. The ...
Shale Gas Exploitation in Algeria Doesn’t Impact the Environment
Algiers — The exploitation of shale gas "has no impact" on environment, said Monday in Algiers Minister of National Planning and Environment Dalila Boudjemaa.
Nigeria’s Missing oil Revenues to Impact Presidential Election Polls
Goodluck Jonathan, the Nigerian president, has received a long awaited audit into billions of dollars of allegedly “missing” oil revenues just 11 days before a closely fought presidential election.
