Africa | Egypt Oil & Gas - Part 37

Libyan Violence Threatens Presence of International Oil Companies

The violence roiling Libya has increasingly targeted oil companies and their assets, upending long-term investments by Western companies and driving down production in a country that helped trigger the world-wide rout...

LNG To Support Industrial Growth in Morocco

BMI View: Morocco’s plans to build a new LNG terminal at the port of Jorf Lasfar will be crucial to supporting diversification of energy supply and boosting industrial production over the longer term. Morocco re...

Major Power Sector Reforms in Nigeria

Much fanfare, enthusiasm and hope greeted reforms in Nigeria’s power sector. A majority of the citizenry beamed with restrained optimism that, in no distant time, their electricity worries would ease off as government...

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. In a statement voicing alarm at the 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. More than 90 percent of the country&#...

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. The incident, which occurred on ...

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. That was the message delivered by Dr. James Mataragio, d...

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. Islamic State’s Tripoli fa...

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. “As a minister and an environmental spec...

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