News / International
ICE to Limit Dubai Oil Future
Intercontinental Exchange Inc has proposed limiting the size of positions investors can hold in 2017 when trading Dubai futures.
Algerian Gas Plant to Resume Output
The Algerian state-owned, Sonatrach, declared that the Tiguentourine gas plant will resume full production with the start of its third train before the end of 2016, after a militant attack halted operations in the facility during 2013.
West Africa Grew Crude Exports
West African top exporters reached a record high of 726.4mb total, in October, which is 45.45bm in total, higher than September, with Nigeria and Angola leading the charge.
Iran to Reimburse Turkey on Gas Deal
Iran ruled out a payment to Turkey of 25% economic compensation for the cut in the export of natural gas to the Eurasian country, which triggered a legal dispute.
Rwanda, Congo Signed Joint Exploration Deal
Rwanda and the Democratic Republic of Congo signed a deal on the joint exploration of oil, methane gas and other natural wealth in Lake Kivu, with an aim of producing energy for the people of both countries.
Kenya Delayed Power Plant
Kenya's energy industry regulator has delayed issuing a license for a planned 1,000MW coal-fired power plant due to concerns about its potential environmental impact.
Mozambique to Use Low Sulphur Fuel
Mozambique will replace the consumption of diesel with 500 to 50ppm (part per million) of sulphur by 2020.
PetroRabigh to Halt Operations
Saudi's PetroRabigh announced that it will suspend the operations of its ethane cracker unit for 21 days. The suspension will start mid November to complete the temporary maintenance and safety work.
