News / International
Iran, Kurdistan Talk Oil Swap
Iran is preparing to refine 100,000b/d of the Kurdistan Regional Government’s (KRG) crude oil at the Tabriz and Raham refineries in Iran’s South Azerbaijan Province.
IFC, Canada to Invest $76m in Jordan’s Solar Plant
The International Finance Corporation (IFC) and the government of Canada will provide a $76m financing package for Fotowatio Renewable Ventures (FRV) to build a new 50MW solar Photo Voltaic (PV) power plant in northern Jordan.
Tanzania Changed Bulk Oil Importation Rules
Tanzania’s government directed that only locally registered oil marketing companies will be allowed to bid for the importation of petroleum products in the country.
South Africa to Raise $11b for Nuclear Plant
South Africa's power utility Eskom estimates it would have $11b within ten years to help fund a nuclear expansion program planned by the government.
Kenya Opened New Fuel Storage Facilities
Kenya’s Vivo Energy has opened a 23m liter diesel storage tank at the company’s Mombasa terminal at Shimanzi, giving the company the largest diesel storage facility in Kenya.
Saudi Arabia to Consider Reducing Oil Output
Saudi Arabia has offered to reduce oil production if rival Iran agrees to cap its output at the current level 3.6mb/d, in a major compromise ahead of talks in Algeria by the end of September.
Nigeria to Consider Shutting Its Biggest Power Station
Nigeria might shutdown the nation’s largest power station amid liquidity and gas supply issues threatening operations at the facility.
Uganda to Look for New Investors in $4b Oil Refinery
The Ugandan government has launched a search for new investors for the construction of a $4b oil refinery in Hoima.
