News / International
Islamic State Set Fire to Iraqi Oil Wells
Islamic State militants set fire to four oil wells in Qayyara, south of Mosul before abandoning the city in mid August.
Zimbabwe to Develop Renewable Energy Policy
Zimbabwe’s Minister of Energy and Power Development, Victor Kandoro, said that the country is developing a renewable energy policy. He added: “The country boasts of having renewable energy in the form of solar, wind and hydro.”
Nigeria to Face Possible Gas Strike
Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, has threatened to resume its suspended strike if the federal government refuses to enforce the implementation of an agreement reached among the tripartite partners in the industry.
Namibia Dropped Pump Prices for Fuel
Namibian Minister of Mines and Energy, Obeth Kandjoze , announced that petrol and diesel prices will decrease by $0.036 and $0.02 per liter, respectively.
Sonatrach Achieves 8% Exports Increase
Algeria's Sonatrach achieved an 8% increase for total oil exports in late August 2016, reaching 71.5m tons of oil equivalent. The group recorded a 43% boost for its year-to-date exports by pipeline during the same period.
South Africa to Decrease Fuel Prices in September
The retail price of petrol in South Africa will decrease by 1.5% in September, while the price of wholesale diesel will go down by 4.4%.
South Africa Proceeds with Nuclear Projects
South African power utility Eskom is moving forward with plans to construct and operate multiple nuclear installations and power reactors in Eastern Cape and Western Cape provinces.
FAR Confirmed Commercial Viability in Senegal’s Offshore Field
Australian FAR Ltd. has achieved the minimum economic field size for a commercial development of the SNE oil field offshore Senegal. The project's operator Cairn Energy previously assessed the minimum economic field size to be around 200m barrels.
