What does the formation of a private oil company mean for Libya?
In April 2023, a company was established in Benghazi that would break decades of precedent set in Libya, as originally...
Oil
Iraq turns to Turkey for power stations amid electricity crisis
Iraq has turned to Turkey to fill its chronic electricity shortages by hiring floating power stations from a Turkish energy...
Libya’s leading oil reserves at 48.36 billion barrels
Libya reasserts their position as the leading country in Africa for proven oil reserves with a total of 48.36 billion...
Libya: first international oil exploration since 2007
After nearly two decades, Libya is stepping back into the international oil and gas arena, launching its first major exploration...
Hydrocarbons in Algeria: contract signed between Sonatrach and ENI
As reported by Le Monde on July 8th, the Algerian-owned oil company, Sonatrach, and the Italian group, ENI have just...
Oil giants returning to Libya after over a decades suspension
Shell and BP, two major oil corporations, have announced that they will reopen their offices in Libya’s capital before the...
Four killed during oil-drilling ship capsize in Gulf of Suez
In the Gulf of Suez an oil-drilling ship has capsized, according to authorities at least four crewmen have lost their...
Azerbaijan assures Israel that it will continue supplying oil
Azerbaijan has assured Israel that it will continue supplying oil, despite formally stopping oil exports in 2024, Middle East Eye...
Azerbaijan is still selling oil to Israel, sources say
Azerbaijan is still selling oil to Israel according to sources, despite formally ending oil sales in 2024, Middle East Eye...
Saudi Arabia braces for “long and shallow” oil cost war
Saudi Arabia braces for a “long and shallow” oil price war which will partly weaken US shale producers, according to...
What are the Algerian-Mali tensions really about?
When a Malian drone exploded in the Saharan night on 31 March, the Sahel once again became the epicentre of...
Algeria steers aways from oil dependence with diversification plan
Algeria is taking steps to leave its long-time dependence on hydrocarbons in the past. On April 18th, the World Bank...
Libyan oil field resumes production after 10 years
The Mabrouk oil field in Libya has restarted production after a decade long shutdown. According to The Libya Observer, production...
Algeria state oil firm signs deal with China-based Sinopec
Sonatrach, the state oil and gas firm in Algeria said on February 25th that it had signed a contract for...
US imposes economic sanctions on Iranian oil
The US State and Treasury departments have levied a barrage of economic sanctions on 22 people and 13 ships linked...
