Crisis | Egypt Oil & Gas

Workers Continue Strikes at Some TotalEnergies Sites in France

The French Finance Minister Bruno Le Maire said on Monday that the time for negotiation is now over because the ongoing strike by union employees had significantly reduced the amount of gasoline available to service s...

Italy’s Enel to Exit Egypt’s Renewable Energy Market

Italy’s Enel Green Power has decided to withdraw its investments from the renewable energy market in Egypt and seek the compensations for the investments that were already injected in the sector, reported Daily News E...

Angola Seeks Tackling Oil Price Decline, Food Scarcity

The government of Angola will adopt a set of measures on taxation, monetary policy, foreign trade, and the productive sector of the economy to respond to the crisis resulting from the sharp drop in oil prices, accordi...

Morocco Oil Refiner Plans Capital Increase to End Crisis

Morocco oil refiner Samir informed it was planning a capital increase of $1.04b in an effort to end the company’s financial difficulties. As Morocco’s only refinery, its closure would make the country enti...

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