Industry Headlines News for Mediterranean/N. Africa


Results 15 articles shown

Algeria Invests $2 Billion Into Hassi Rmel Gas Field
Monday, November 06, 2017 Algeria's state energy firm Sonatrach starts $2 billion of new investments into the Hassi Rmel gas field to keep production stable at the country's biggest gas field.

Financial, Security Woes Put Libyan Oil Recovery On Shaky Ground
Wednesday, October 18, 2017 Libya's oil production revival is being undermined by the same financial, economic and security problems that threaten the promise of stability.

Algeria Sees Energy Law Amendment By End Of 2018
Monday, October 16, 2017 Algeria aims to amend its energy law in 2018 as it plans to improve contract terms to attract needed foreign investment, authorities say.

South Sudan Oil Conference Fails To Draw Biggest Energy Firms
Wednesday, October 11, 2017 South Sudan's president was a no-show for the nation's first international oil conference, a gathering that also failed to attract prospective investors from the biggest global energy companies.

Algeria's Sonatrach Chief Urges Oil Industry Reforms
Monday, September 18, 2017 Algeria needs to change the laws governing its oil and gas industry to attract foreign oil investors, Sonatrach's chief says.

Greek Oil Spill Spreads To Athens Riviera
Wednesday, September 13, 2017 Crews scrambled to clean up an oil spill from a sunken tanker which had spread to some of Athens's most popular beaches.

War-Ravaged South Sudan May Scrap Expensive Oil Subsidies
Tuesday, September 12, 2017 War-ravaged South Sudan is considering scrapping state subsidies on oil.

Egypt Sets Sights on Doubling Natural Gas Output by 2020
Monday, July 17, 2017 Egypt's natural gas production rose to about 5.1 billion cubic feet per day in 2017 from 4.4 billion cubic feet in 2016.

Oil Bears Can't Look to Libya as Expat Exodus Slows Recovery
Monday, June 05, 2017 With foreign staff of international companies staying away, analysts say Libya's ability to pump more oil will soon reach a limit.

Tunisian Job Protests Hit Oil And Gas Output
Monday, May 08, 2017 Protests over jobs and development in southern and central Tunisia have halted production at or shut the fields of two foreign energy companies.

Austria's OMV Moves Workers In Tunisia Over Gas Field Protests
Thursday, May 04, 2017 OMV has taken around 700 non-essential staff and contractors out of projects in southern Tunisia after protesters demanding jobs threatened to disrupt operations.

Libya Ports Prepare to Ship Oil as Workers Return After Clashes
Monday, March 20, 2017 Libya's major oil ports of Es Sider and Ras Lanuf are resuming operations and preparing to export crude after a two-week halt in shipments.

Egypt Said to Seek LNG as BP to Eni Gas Flow to Restore Exports
Monday, February 06, 2017 Egypt plans to import as many as 108 cargoes of liquefied natural gas this year as the country prepares to start producing at two gas fields and move closer to its goal of self-sufficiency and even exports by 2019.

Egypt To End Capital Controls, Reform Oil Sector Under IMF Deal
Wednesday, January 18, 2017 Egypt will scrap its remaining caps on transfers and deposits of foreign currency by the end of June.

Egypt Signs $220M Of Oil And Gas Deals
Wednesday, December 28, 2016 Egyptian Oil Minister Tarek El Molla signs 3 offshore oil and gas exploration and production deals worth a total of at least $220 million with Total, BP, and ENI's Egyptian subsidiary IEOC.