Algeria’s oil export revenues drop 13% y/y in 2025 to $22.4bn despite higher shipments

15 May 2026
Algeria saw its oil export revenues decline by 13% year-on-year (y/y) in 2025 to $22.4bn, despite a slight increase in export volumes

Egypt projects 7% surge in summer electricity demand

14 May 2026
Mahmoud Esmat has instructed electricity sector companies across Egypt to raise their readiness levels ahead of an expected 7% year-on-year (y/y) hike in electricity demand during the summer of 2026.

Venezuela launches debt restructuring in bid to end decade of default

14 May 2026
Venezuela's interim government has announced it will begin a formal restructuring of the country's external public debt, including obligations tied to state oil company PDVSA, in what could rank among the largest sovereign debt workouts in history.

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