Crisis
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Italy’s Enel to Exit Egypt’s Renewable Energy Market
Monday, 25th July 2016
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. -
Angola Seeks Tackling Oil Price Decline, Food Scarcity
Wednesday, 17th February 2016
The government of Angola will adopt a set of measures to respond to the emerging crisis in the country resulting from the sharp drop in oil prices resulting in scarce and more expensive food resources. -
Morocco Oil Refiner Plans Capital Increase to End Crisis
Sunday, 13th September 2015
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 entirely reliant on imports and could also impact Moroccan banks exposed to Samir's debt.
Latest News
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Egypt to Expand Oil, Gas Exploration in Western Mediterranean
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Naftogaz Ramps up Oil Production by 20% in Egypt's Western Desert
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Petrojet, TR Sign MoU to Manufacture Heat Transfer Equipment in Egypt
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El Molla Discusses Developments in Mining Sector With Canadian Envoy
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 61.92 | -1.20% |
Crude Oil (Brent) Brent | USD/bbl | 65.83 | -1.11% |
NYMEX Natural Gas | USD/MMBtu | 2.72 | -0.37% |
OPEC Basket Price | USD/bbl | 65.10 | -0.17% |
Last Modified April 21, 2021