Libya was Africa’s number one oil producer in March edging out Nigeria. The country’s output hit 1.24 million barrels of oil per day (bpd). That marks a 5.4% increase from a month earlier.
Libya hit the top spot after a decrease in production from Nigeria. According to OPEC, output in Nigeria fell to 1.23 million bpd in March. That’s a decline of 6.8%
Libya’s oil output increase aligns with the country’s aim of boosting production by year’s end through a variety of strategies.
Egypt’s Agiba Petroleum Company, a joint venture between EGPC and Italy’s Eni, has discovered a new oil field,
For years, Egypt reaped major benefits from natural gas discoveries in the Eastern Mediterranean, becoming a key regional energy hub
A committee in Libya’s Parliament has rejected the European Commission’s recent finding that Tripoli’s 2019 maritime agreement
Egypt has boosted production at its Zohr gas field, the Mediterranean’s largest, following the redrilling of the Zohr-6 well,
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