News / International

Oman Announces Downstream IPO

Omani downstream companies that will see their shares listed are Salalah Methanol Company and an unnamed driller.

Oil Price Slump Affects Mozambique Biofuel Plan

The decline in oil prices will prevent Mozambique from producing biofuels due to the increased costs of bio-diesel production in comparison to the conventional gasoline and diesel.

Libya’s El Feel Oilfield to Resume Operations

Pumping is set to restart as soon as OPEC member fixes an electricity outage in Sharara field.

Tanzania Calls For Natural Gas Distribution Investments

Tanzania Petroleum Development Corporation (TPDC) has encouraged local and foreign investors to engage in natural gas distribution projects in the country's commercial capital of Dar es Salaam and the emerging industrial zones in Coast Region.

Iraq Mulls Exemption from OPEC Cut Deal

Iraq may seek exemption because it needs its oil income to fight the Islamic State.

Burundi’s Fuel Shortage Causes Conflict Between Authorities

Burundi's Ministry of Energy and Mining announced that the shortage of fuel faced by the country mid-April was due to a "technical breakdown" that interrupted clearance processes within the Burundi Revenue Authority (OBR), which the OBR denied.

Bahrain, Russia Hold Talks on LNG Supply

Bahrain has been holding talks with the Russian companies Gazprom and Rosneft over LNG supply.

Iran to Export LPG to India

Iran is seeking to diversify its commodities exports.

Algeria Not to Exploit Shale Gas

Nigeria has enough quantities of other natural resources, which includes natural gas.

Sound Energy to Mobilize Rig to Morocco’s Sidi Moktar

The exploration potential of the Sidi Moktar licences may reach up to 9tcf gas in place in the TAGI and Paleozoic.

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