News / International

Sirius Petroleum Raised $2m for Drilling in Nigeria

Sirius Petroleum has raised $2m in new capital for equipment mobilization deposits for the upcoming drilling campaign at the Ororo field, offshore Nigeria.

Sasol Resumes Gas Production in Mozambique

South African Sasol has resumed production of natural gas in the southern Mozambican province of Inhambane after cyclone Dineo, which battered 12 districts of the territory in mid-February.

WB: Uganda’s Oil to Expand Economy

Uganda's economy is estimated to expand by 5.2% in the fiscal year 2017/2018, despite a previous drop to 5% in 2016/2017, thanks to foreign and domestic investment in infrastructure in the oil industry, according to the World Bank.

Uganda Likely to Produce First Oil by 2020

Uganda has come closer to materializing its plan to produce first oil by 2020.

Lake Oil Bid in Kenya’s Hashi Energy

Tanzanian billionaire oil dealer, Ally Edha Awadh, bid, through his Lake Oil Group, for the retail petroleum business in Kenya's Hashi Energy.

Kuwait to Open Refinery in Vietnam in 2018

Kuwait’s refinery in Vietnam will begin operating in July 2018 with a capacity of 2,000b/d, according to Kuwait Petroleum International’s (KPI) CEO, Bakheet Al-Rashidi.

Iran, Total to Finalize $2b Gas Contract

Iran and French energy giant Total will finalize a $2b gas contract in April, according to Iranian Oil Minister, Bijan Namdar Zanganeh.

ADNOC, Vitol Signed 10-Year LPG Agreement

The Abu Dhabi National Oil Company (ADNOC) has signed an agreement with Vitol, the world’s largest independent energy trader, for the sale of up to 528,000t/y of liquefied petroleum gas (LPG), to Vitol over the next ten years.

Siemens Contributes to Ghana’s Oil, Gas Capacity Building

Siemens Ghana launched an oil and gas training program to help the country meet its local energy demands.

Aramco Mulls Shares for Saudi Citizens

Oil giant Saudi Aramco is reportedly considering offering shares to citizens of Saudi Arabia as it prepares for an initial public offering (IPO) that could be the biggest the world has ever seen.

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