The restart of oil exports from Libya’s eastern port of Zueitina has hit a technical snag. The port was expected to be the first to reopen under a deal reached between the government and protesters, however some damage due to the long closure at Zueitina will delay its reopening. Under the government’s plans the Zueitina, […]
April 22, 2014 Read More
New Age Ltd., one of the company’s exploring in Ethiopia’s Ogaden Basin, said it plans to take some time to evaluate its latest well’s potential. The El Kuran-3 well was drilled to a total depth of 3,528 meters encountering both oil and gas shows. According to reports, experts from New Age are now set on […]
April 22, 2014 Read More
Libya has convened a special committee in the eastern region of the country to draft a new constitution. The 47elected-member committee met in Bayda in what could be a milestone for the country since it ousted Muammar Qaddafi. The committee has 120 days to draft the constitution, although given the state of the nation it […]
April 22, 2014 Read More