Booming U.S. production and the prospect of easing supply disruptions in the Middle East and North Africa has Deutsche Bank cutting its 2014 estimate for WTI crude by a whopping $10 per barrel to $88.75. At the moment, WTI is at
DUBAI (Reuters) - Three state-owned Gulf firms are considering a joint bid for a minority stake in Occidental Petroleum Corp's Middle East and North Africa (MENA) unit, a deal that could be worth between $8 billion and $10 billion, three banking sources said.
Gulf firms are considering a joint bid for a minority stake in Occidental Petroleum's ( OXY +0.6% ) Middle East and North Africa unit, a deal that could be worth $8B-$10B, three banking sources tell Reuters. Abu Dhabi's Mubadala Development
TRIPOLI, Dec 2 (Reuters) - Libya's government blamed protests by two minority groups demanding more political rights for outages in the capital, Tripoli, and other parts of the North African country, state media said on Monday.
ALGIERS, Nov 27 (Reuters) - European Union and North Africa countries agreed on Wednesday to work together to reduce the Maghreb region's reliance on food imports and improve security of supplies, especially in cereals.
* Net investment in Moroccan and Tunisian equities near zero
Washington-based private equity firm Carlyle Group LP is keen on potential buys in Malaysia for its part-held businesses in the Middle East and North Africa (MENA), bolt-on acquisitions in the language of private equity firms.
Sonde Resources ( SOQ ) says its Tunisia farm-out agreement with Viking Exploration and Production has been terminated after Viking was unable to obtain the necessary $40M funding to close the farm-out. SOQ says it continues to work with other parties on finalizing the development plan for the ...
TRIPOLI, Nov 14 (Reuters) - Protests at oil ports have cost Libya more than $6 billion and started hitting power supplies in the North African country, where political chaos is also affecting funding for wheat imports, officials said on Thursday.
PARIS, Nov 13 (Reuters) - Baye Ag Bakabo, a Touareg rebel and drug trafficker linked to al Qaeda's north African wing, is a suspect in the killings this month of two French journalists in northern Mali, a Paris prosecutor said on Wednesday .