News / International

South Africa Increased Pump Prices

South Africa’s Department of Energy announced that as of early October the retail price of petrol 93 octane will increase by $0.44/L and that of 95 octane by $0.43/L.

Angola LNG Shipped Second Cargo

Angola's liquefied natural gas (LNG) export plant launched a tender to sell its second post-shutdown cargo.

Hyperdynamics Upgraded Offshore Guinea Prospects

Hyperdynamics Corporation has received an improved exploration risk assessment of two deepwater wells offshore Guinea.

Madagascar’s Mandroseza Power Switched to Local Oil

Madagascar Oil has announced the first use of the Tsimiroro heavy fuel oil on the Mandroseza power plant, operated by US’s Symbion Power in Antananarivo.

Iran Exported 4bcm of Gas

Iran's gas exports grew by 3.4% during the first half of the current fiscal year to reach almost 4bcm.

Sonatrach, Pertamina Signed Petroleum MoU

Algeria’s Sonatrach has signed a cooperation agreement with the Indonesian state-owned oil and gas giant Pertamina to increase production from overseas oil and gas fields.

OPEC Agreed on a Production Freeze

OPEC agreed to reduce its oil output to 32.5mb/d from the current production levels of around 33.24mb/d, with global prices of oil jumping by more than 5% in response to the agreement.

Total to Takeover East African Petroleum Assets

French Total will finalize the takeover of Gulf Africa Petroleum (Gapco) East Africa assets in December.

Tunisia, Russia Signed Nuclear Cooperation Deal

Tunisia and Russia signed an intergovernmental agreement on the peaceful use of atomic energy.

Iran to Inject $11b into Petchem

Iran's Persian Gulf Petrochemical Industries Company (PGPIC) is reported to inject over $11b in it's business with more than $1b coming from two agreements with Japan's Marubeni.

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