North Africa

  • Morocco to Rent Samir Refinery Storage Platforms 

    Morocco to Rent Samir Refinery Storage Platforms 

    Monday, 18th May 2020

    Morocco’s Samir refinery has accepted a state offer to rent its storage platforms to secure the country’s oil needs.

  • Hesham Mekawi to Step Down from his Position in BP

    Hesham Mekawi to Step Down from his Position in BP

    Thursday, 30th April 2020

    BP announced that Hesham Mekawi, the Regional Presiden for North Africa, has decided to step down from his position and retire as of the end of 2020.

  • Al Manar Group Plans 35% Production Hike in 2019

    Al Manar Group Plans 35% Production Hike in 2019

    Monday, 22nd July 2019

    Al Manar Group's factory in the 6th of October City has reached a production capacity of about 5,500 tons a year.

  • Egypt Ratifies Egyptian-Saudi Nuclear Energy Agreement

    Egypt Ratifies Egyptian-Saudi Nuclear Energy Agreement

    Wednesday, 27th July 2016
    The House of Representatives Legislative Committee has ratified a number of agreements in different fields, among these agreements, was the the Egyptian-Saudi nuclear energy agreement that was inked in Early-April 2016.
  • IMF Forecast Cites MENA Growth after Oil Price Recovery

    IMF Forecast Cites MENA Growth after Oil Price Recovery

    Thursday, 21st July 2016
    The International Monetary Fund (IMF) raised its 2016 growth forecast for the Middle East and North Africa after a rebound in oil prices.
  • Italy to Discuss Energy Business in North Africa

    Italy to Discuss Energy Business in North Africa

    Tuesday, 15th September 2015
    Italian Economic Development Minister Federica Guidi is in a business mission in North Africa where a series of institutional meetings are planned.
  • Gasoline Med/NWE Spread Reaches a High on North Africa Demand

    Gasoline Med/NWE Spread Reaches a High on North Africa Demand

    Wednesday, 29th April 2015
    The gasoline Med/NWE spread -- the differential between the FOB Med gasoline cargo assessment and the FOB Northwest European Eurobob gasoline barges -- reached a five-week high Monday as North African demand helped strengthen Mediterranean gasoline while the NWE physical weakened on the back of marginal arbitrage opportunities.
  • Protests in Algeria Against Shale Gas Drilling

    Protests in Algeria Against Shale Gas Drilling

    Sunday, 15th March 2015
    Thousands of Algerians demonstrated Saturday against plans to drill for shale gas in the south of the country.
  • Lybia’s OPEC Governor missing

    Lybia’s OPEC Governor missing

    Wednesday, 21st January 2015
    Libya’s OPEC Governor Samir Kamal was kidnapped last week in the militia-held capital of Tripoli, two officials familiar with the matter said Tuesday, as turmoil continues to ravage the north African country almost four years after the collapse of its central government.