Libya
Libya records slight increase in oil production but decline in gas output
According to the latest figures from Libya’s National Oil Corporation (NOC), crude oil production saw a modest rise this
Exxon Mobil Corp. announced the discovery of natural gas off Egypt's northern coast after drilling the Nefertari-1 well in the Mediterranean Sea. Located approximately five miles offshore in the North Marakia Block, the exploration effort yielded gas-bearing reservoirs, according to the Texas-based oil giant. "We will continue to evaluate the results," stated Exxon in a recent press release. The company is assessing the well's potential for future development.
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Libya
Libya records slight increase in oil production but decline in gas output
According to the latest figures from Libya’s National Oil Corporation (NOC), crude oil production saw a modest rise this
Morocco
Morocco’s economy slowed in late 2024 to 3.7%
According to the High Commission for Planning (HCP), Morocco’s economy expanded by 3.7% in the last quarter of
Egypt
Egypt’s GDP for FY Q2 hits 4.3%
Egypt’s GDP growth rate continued to recover during Q2 FY 2024/2025, recording 4.3%, up from 2.3%
Tunisia
Brazilian cement giant Votorantim Cimentos divests its Tunisian interests to China’s Sinoma
Brazil’s Votorantim Cimentos has divested its assets located in Tunisia to Chinese based Sinoma Cement. Votorantim Cimentos said it