The oil sector will continue to sign more agreements to attract foreign investment.
Read More »Oil Minister to Attend JMMC Meeting in Algeria in September
The JMMC is chaired by Saudi Arabia and is due to meet next on Sept. 23 in Algeria.
Read More »Egypt`s Concern over Red Sea Security after Houthi Attack
Last month. Saudi Arabia temporarily halted oil shipments through Bab al-Mandab citing security concerns after Yemen’s Houthis attack.
Read More »Algeria`s State Oil Firm Gets New Management
The oil giant is an important source of energy for European states trying to reduce their dependence on Russia.
Read More »UAE to Build Oil Pipeline to Connect Eritrea with Ethiopia
The UAE played a behind-the-scenes role in helping Ethiopia and Eritrea end a two-decade state of war last month.
Read More »Egypt Starts Largest Gas Analysis Lab for the Zohr Field
The laboratory gives the correct measurements of the natural gas and associated liquids upon which permissible standards and ratios are calculated.
Read More »World Bank Urges Nigeria to Raise Non-Oil Tax Collection
The nation is scheduled to hold general elections in February.
Read More »Nigeria will Become Third World Largest Exporter of Gas
Nigeria is presently the fourth exporter of gas in the world.
Read More »Shell will Decide on Nigeria Oil Field In 2019
Shell operates the project and ExxonMobil. Total. Eni and the Nigerian National Petroleum Co. are partners.
Read More »OPEC Oil Production Jump to a 2018 High in July
OPEC’s crude oil production rose by 70.000 bpd from June to stand at 32.64 million bpd in July.
Read More »