Libya's oil output cannot even cover its own needs, the National Oil Corp (NOC) said on Monday, as the country struggles with fighting and protests that have hampered production since the 2011 ouster of leader Muammar Gaddafi.
- Monday, 22 December 2014 14:17
- Monday, 22 December 2014 13:29
Saudi Arabia convinced its fellow OPEC members that it is not in the group's interest to cut oil output however far prices may fall, the kingdom's oil minister Ali al-Naimi said in an interview with the Middle East Economic Survey (MEES).
- Thursday, 18 December 2014 12:09
- Oheneba Ama Nti Osei
The Africa Report reviews trends in the commodity sector to see which prices will rise and fall in the year ahead, as forecasts point to a global oil surplus.
- Thursday, 18 December 2014 06:41
Sudan's intelligence chief warned South Sudan against "hostile moves from its territory", saying any incursion by rebel forces based in its neighbour would be treated as an "assault" by Juba.
- Tuesday, 16 December 2014 13:53
- Aziz El Yaakoubi in Rabat
Morocco has launched a national plan to boost imports of liquefied natural gas (LNG), including the construction of a terminal at the industrial hub of Jorf Lasfar, worth up to $4.6 billion, its energy minister said on Tuesday.