North Africa | Egypt Oil & Gas
Morocco to Rent Samir Refinery Storage Platforms
Morocco’s Samir refinery has accepted a state offer to rent its storage platforms to secure the country’s oil needs, according to the North Africa Post. The oil storage shortage has resulted in oil prices falling dram...
Hesham Mekawi to Step Down from his Position in BP
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, according to a press release. The company said that Mekawi will con...
Al Manar Group Plans 35% Production Hike in 2019
Al Manar Group’s factory in the 6th of October City has reached a production capacity of about 5,500 tons a year, said the company’s CEO Ahmed Nawara, according to Amwal Al-Ghad. Al Manar, which specialize...
Egypt Ratifies Egyptian-Saudi Nuclear Energy Agreement
The Egyptian House of Representatives’ Legislative Committee has ratified a number of agreements in different fields, wrote Daily News Egypt, including the Egyptian-Saudi nuclear energy agreement. The deal was i...
IMF Forecast Cites MENA Growth after Oil Price Recovery
The International Monetary Fund (IMF) raised its 2016 growth forecast for the Middle East and North Africa after a rebound in oil prices, informed World News Report. Along with Afghanistan and Pakistan, the MENA regio...
Italy to Discuss Energy Business in North Africa
Italian Economic Development Minister Federica Guidi is in a business mission in North Africa. First she will visit Algiers where is planning a series of institutional meetings with major offices in the country includ...
Gasoline Med/NWE Spread Reaches a High on North Africa Demand
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...
Protests in Algeria Against Shale Gas Drilling
Thousands of Algerians demonstrated Saturday against plans to drill for shale gas in the south of the country. Organizers say more than 1,000 demonstrators protested in Ouargla, a city 466 miles south of Algiers. Anot...
Lybia’s OPEC Governor missing
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 fo...Page 1 of 1
