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Libya is currently producing 1 million bpd of oil on average and plans to increase output.
Read More »Libya’s NOC to Close Refinery if Security Violations Continue
Finland Grants Funding for Wind Power Projects in Developing Countries
The new cooperation agreement is an extension of the original 114 million euros climate fund that Finland established in collaboration with the IFC last year.
Read More »Total and Sonatrach Sign New Agreements
Sonatrach and Total will develop the reserves of Erg Issouane. located on the TFT Sud permit in Algeria.
Read More »Russian Exploration Company Discusses Geological Exploration with Libya’s NOC
Libya has been torn apart by conflict since 2011.
Read More »Zohr Gas Field Output Exceeds 2 Billion Cubic Feet Day
Egypt announced earlier in the week it has stopped importing liquefied gas.
Read More »Cyprus-Egypt Pipeline Deal could Ease LNG Gas Exports to EU
Cyprus and Egypt are planning to link Aphrodite with the Egypt liquefaction plants in Idku and Damietta.
Read More »Egypt Signs Two New Oil Drilling Agreements
The oil sector managed from June 2014 until now to sign 63 new oil and gas exploration deals.
Read More »Egypt will Exploit New Gas Field from Next October
The new area comprises two deep-water wells. which belong to a concession of the U.S. oil company Shell.
Read More »Saudi Arabia Seeks Investment Options in Sudan
The Kingdom has an advantage in being one of the leading players in the mining sector.
Read More »Libyan Attack Triggers Rally in Oil Stocks
Libyan crude has been seen as an additional alternative to Iranian supplies.
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