News / International
Aramco to Sign 10 Energy Deals during Trump’s Visit
Saudi Aramco is planning to sign energy deals with at least 10 companies during the upcoming visit of the American President, Donald Trump to Saudi Arabia.
Glencore, Carlyle Team to Buy Moroccan Refinery
Swiss trading giant Glencore and U.S. private equity investor Carlyle Group have teamed up in an attempt to save bankrupt in Morocco's only oil refinery.
Ethiopia to Adjust Fuel Profit Margin
TEthiopian Ministry of Trade and Ministry of Mines, Petroleum and Natural Gas are cooperating to develop a study in the aim of adjusting the profit margin for petroleum companies.
NNPC to Continue to Explore Oil in Lake Chad Basin
The Nigerian National Petroleum Corporation (NNPC) announced that it will continue to search for oil in the Lake Chad Basin of Borno state.
Tullow Oil Announces Emekuya-1 Oil Discovery in Kenya
Tullow Oil has discovered oil in a well in Northern Kenya; which has encountered around 75 meters of net oil pay in two zones.
Saudi Arabia, Russia to Extend Oil Cut until March 2018
Saudi Arabia and Russia, agreed on the need to extend output cut to rein in a global crude glut.
Saudi Arabia to Help Build Equatorial Guinea’s Bioko Oil Terminal
Equatorial Guinea has signed a strategic agreement with Saudi Arabia stating that the Gulf country will cooperate with the African country in the construction and financing of the Bioko Oil Terminal tank farm project.
Total Signs Oil, Gas Exploration Deal Offshore Mauritania
The agreement with Mauritania's state-run oil company SMHPM will allow Total to hold a 90% operating stake in Block C7.
