News / International
Iraq’s Kurdistan Negotiates $3b Oil Prepayment Deal
Iraq's Kurdistan has increased the loans guaranteed by future oil sales to $3b in new deals with trading houses and Russian state oil firm Rosneft aimed at strengthening its fiscal position.
Eni to Sell Stake in Mozambique Gasfield within Weeks
Eni announced on Wednesday that it was “within weeks” of sealing a multi-billion-dollar deal to sell a stake in its Mozambique operations, with ExxonMobil favorite to buy the asset.
Oman to Pump 1mb/d in 2017
Non-OPEC producer Oman intends to pump an average of 1mb/d in this 2017, despite the 45,000b/d production cut it had pledged with the OPEC-non-OPEC deal.
Nigeria: Shell Demands Security Measures to Reopen Pipeline
Nigeria wants Royal Dutch Shell to reopen a major export pipeline in the Niger Delta but the oil major wants better protection first.
African Development Bank Commits $995,000 for Energy Access to Gambia
The African Development Bank (AFDB)- managed Sustainable Energy Fund for Africa (SEFA) approved a $995,000-grant to the Republic of Gambia.
S Africa: Coal Drivers Protest Over Renewable Energy Contracts
Several coal transporting trucks blocked highways in South Africa's capital on Monday to protest against the country's renewable power programme after President Jacob Zuma showed support for the sector in speech to parliament last month.
Iran, Indonesia in Talks over Iranian Fields
Indonesia’s state-owned energy company Pertamina will submit proposals to Iran to explore two oil fields in the country, which are located in Ab Teymour and Mansouri.
Algeria Discusses Offshore Drilling Partnerships with Majors
Algeria's Sonatrach wants to start its offshore oil drilling and has begun discussions with U.S. operators ExxonMobil Corp and Anadarko, as well as Italy's Eni.
