Leading News Source For Middle East
The United Nations Development Program is funding the installation of solar power panels on the roofs of hospitals in several cities across Libya to ensure a steady supply of electricity. Power outages are a frequent occurrence in the North African Read more
Iran’s President Hassan Rouhani has warned U.S. President-elect Donald Trump against sidelining the nuclear agreement that was reached between the so-called P5+1 because it is a “finished” deal that has been “approved by the UN Security Council and has become Read more
The target of the Organization of Petroleum Exporting Countries (OPEC) to reduce the total output by 1.2 million barrels per day is expected to be missed as a source within the oil cartel revealed that “compliance (regarding the agreement to Read more
BP, oil and gas giant multinational, announced that it has signed a $916 billion joint agreement with US explorer Kosmos Energy to drill for gas offshore Mauritania and Senegal. Under this agreement, BP will acquire 62% interest in Kosmos explorations Read more
King Mohammed VI of Morocco chaired Tuesday at the Royal Palace in Casablanca, the first meeting on the giant gas pipeline project that will go up from Nigeria to Morocco via several West African countries. This landmark project, the biggest Read more
Operations at the Khafji and Wafra oilfields that lie in the neutral zone between Saudi Arabia and Kuwait are expected to begin before the end of the year as sources claim that an agreement has been reached by officials from Read more
The failure by OPEC members to reach a production freeze deal amid disagreements over sharing output cuts risks further drop in oil prices, several analysts warned. As the de facto Saudi-led cartel prepares to meet on Wednesday in Virginia, a Read more
The historic visit paid this weekend to Addis Ababa by King Mohammed VI was crowned with the signing of a 2.5 billion deal to build a giant plant to produce fertilizers in Ethiopia. The deal was inked by Morocco’s Office Read more
The National Iranian Oil Co. (NIOC) reached a preliminary agreement worth $4.8 billion with Total, a French energy company, for the development of the South Pars offshore gas field; one of the largest in the world. Total’s Chairman and CEO Read more
Egyptian authorities on Monday said Saudi Arabia has indefinitely halted shipments of oil products that were part of a $23-billion aid deal with the North African nation. According to Egyptian Oil Ministry spokesman Hamdi Abdel-Aziz, Saudi Arabia’s Aramco, the world’s Read more