Egypt
Egypt to pay $627m in export arrears from August
Egypt’s Ministry of Finance will begin disbursing half of overdue export payments starting 7 August, Egypt Today reports. The
Algeria's Sonatrach and China's Sinopec have entered into an $850 million hydrocarbon exploration and development contract, Sonatrach announced Tuesday. CEO Rachid Hachichi, speaking at the signing, disclosed ongoing contract negotiations with several major international firms, including Sinopec, Italy's Eni, France's Total, and U.S. companies Chevron and ExxonMobil, as well as a Swedish entity, as reported by the Algerian state news agency.
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Egypt
Egypt to pay $627m in export arrears from August
Egypt’s Ministry of Finance will begin disbursing half of overdue export payments starting 7 August, Egypt Today reports. The
Sahel
Gold boom bankrolls Sahel conflicts
Surging global gold prices are fuelling violence and instability in West Africa’s Sahel, reports the BBC. Military regimes in
Libya
Big Oil eyes Libya’s first exploration round since 2007
Supermajors ExxonMobil, Chevron, TotalEnergies, and Eni are among 37 global firms vying for licenses in Libya’s first oil and
Egypt
Egypt secures $300m UK clean energy boost
British International Investment has pledged over $300 million to back Egypt’s renewable energy plans, Egypt Today reports. Partnering with