News / International
Nigeria Resumes Paying Former Militants in Niger Delta
Nigeria's government has resumed cash payments for former militants in the Niger Delta, in order to end a wave of militant attacks on oil and gas facilities .
Libya Starts Repair at Es Sider Oil Port
Libya has started maintenance work at Es Sider port, the nation’s largest oil export terminal, as part of plans to increase output from Africa’s biggest holder of crude reserves.
MENA Expands its LNG Import Facilities
The MENA region is forecast to become the world’s second-largest gas-importing area by 2040, as the countries invest around $10.3b in LNG-importing facilities.
Tanzania to Invest $30b in Lindi Gas Plant
The Tanzanian government is planning to invest at least $30b in developing a gas processing plant in the Lindi region to boost the country's economic recovery.
Russia to Invest $20b in Venezuelan Oil
Russian energy giant Rosneft's CEO, Igor Sechin, met with the President of Petroleos de Venezuela, S.A. (PDVSA), Eulogio Del Pinothe, and the leadership of the country to discuss four cooperation agreements worth $20b.
Iran Shipped First Euro 4-Complaint Gas Oil
The National Iranian Oil Products Distribution Company (NIOPDC) has announced that the country has deployed its first Euro 4-compliant gas oil shipment to global markets.
Kirkuk Receives Petrodollar Payments from KRG
Kirkuk has received new payments for exported oil from the Kurdistan Regional Government (KRG) bringing up the total amount paid to Kirkuk to $50m since December 2015.
Russia Relunctant to Renew Output Freeze Talks
Russia sees no need for renewing discussion of an oil-output freeze at current crude prices, while leaving open the possibility for future talks with the Saudi counterparts.
