Libya’s oil industry falls hostage again to politics
Tripoli – Libya’s oil industry, the lifeblood of its economy, has fallen hostage once more to a political schism, as... Read more
22 Apr, 2022
Shutdown of Libya oil sites spreads to second terminal
Tripoli – Libya’s National Oil Corporation announced on Tuesday the closure of a second export terminal, paralysing the vital energy... Read more
20 Apr, 2022
Moroccan MPs call for cap on oil firms’ profit margins
Rabat – Moroccan lawmakers on Monday called for a cap on oil firms’ profit margins, describing them as “exorbitant” amid... Read more
19 Apr, 2022
Key Libyan oil export port closed amid shutdown ‘wave’
Tripoli – Libya’s National Oil Corporation announced on Monday the closure of operations in major oil fields after staff in... Read more
18 Apr, 2022
Morocco truckers strike over fuel price spike
Rabat – Moroccan truck drivers are observing a three-day strike in protest at spiralling fuel costs, a union said... Read more
9 Mar, 2022
UN and US urge end to Libya oil blockade
Tripoli – The United Nations and Washington’s ambassador to Libya on Monday urged an armed group to lift a blockade... Read more
8 Mar, 2022
Libya oil firm says gunmen cause shutdown at two major fields
Tripoli – Libya’s National Oil Corporation announced on Sunday the suspension of production from two major oil fields after an... Read more
6 Mar, 2022
West urges Libyans to keep oil firm out of politics
Tripoli – Five Western nations urged Libyans on Friday not to drag the National Oil Corporation into political disputes... Read more
26 Feb, 2022
Somali leaders reject ‘illegal’ oil deal with US company
Mogadishu – Somalia’s president and premier have declared null and void a deal signed by their energy minister with a... Read more
20 Feb, 2022
Angola’s oil exports rose last year as prices soared
Luanda – Angola, the second largest crude producer in sub-Saharan Africa, on Thursday said oil exports rose 3% during the... Read more
18 Feb, 2022
