News / International
GE’s to Complete Takoradi Facility in Ghana
GE Oil & Gas is nearing completion on the company’s new Takoradi services facility in Ghana, as part of preparations by the company to support energy production in the country.
Kenya to Develop Pipeline for Lokichar Oil
Kenya’s Energy and Petroleum Minister, Charles Keter, stated that the government and its upstream partners, Tullow Oil, Africa Oil and Maersk Companies, have concluded a Joint Development Agreement (JDA) for the development of a crude oil pipeline.
Kenya to Revive Mombasa Oil Refinery
The Kenyan government has directed state-owned Kenya Pipeline Company (KPC) to acquire and revive operations in an obsolete petroleum refinery owned by Kenya Petroleum Refinery Limited (KPRL).
Nigeria to Lose $25b FDI Upon Gas Act Changes
Nigeria stands to lose over $25b in foreign direct investment and legal fines from international courts if the planned amendment to the Nigeria Liquefied Natural Gas (NLNG) Act of 2004 proceeds.
Saudi Arabia to Expand Energy Talks with China, Japan
A number of Saudi ministers delegated to discuss collaborations with China and Japan in the energy sector.
Gulf Petrochem to Distribute IPOL Lubricants in UAE
The Emirate-based Gulf Petrochem Group signed a 5-year agreement to distribute Indian IPOL brand of lubricant in the United Arab Emirates, with operations slated to fully commence during the third quarter of 2016.
Aramco to Reduce Stake in Indonesian Refinery Upgrade
Saudi Arabia's oil and gas giant, Aramco, has asked to cut its shares in a proposed $5.5b refinery project in Indonesia to 30% from 45%.
Cobalt, Sonangol Deal Falls Through
The US firm, Cobalt International Energy Inc, announced that the proposed $1.75b sale of a 40% stake in two offshore oil blocks in Angola to the state oil company, Sonangol, has automatically ended, after failing to obtain government approvals within the last 12-months.
