News / International
Iran: Tehran, Paris Agree to Cooperate on Nuclear Fusion Project
Iran and France have reached a general agreement for Tehran to join an international nuclear fusion project, an Iranian official said. The deal, which is yet to be confirmed by France, comes a year after Iran and six world powers came to terms over Tehran’s atomic program.
Ukraine’s Gas Stocks Increase by 16.7%
After the completion of Ukraine’s 2015/2016 heating season, natural gas stocks that are stored in the country’s underground facilities have increased by 16.7% or 1.406bcm.
Saudi Oil Minister: Above $50 Per Barrel Needed to Sustain Investments
Saudi Energy Minister, Khalid Al-Falih, said that an amount of more than $50 per barrel is needed to sustain investments for the global oil sector.
Tunisia’s Energy Import Costs Increased 45% since 2010
Tunisian government data revealed that energy import costs have witnessed an increase of 45%, standing at $2.5b since 2010.
Libyan NOC and Oil Guards to Reopen Major Oil Export Terminals
Libyan major export terminals, Ras Lanuf and Es Sider, are to be reopened by oil guard brigades and unity government state oil company, NOC, in efforts to pump crude oil again.
Angola Projects Economic Decline Due to Low Oil Prices
Angola's Finance Ministry has halved its economic growth forecast for this year and decreased government's expenditure amid the fall of oil prices which affected the state revenues.
Russia Offers Enticing Gas Prices for Ukraine in Q3 2016
CEO of Russia’s energy giant Gazprom, Alexei Miller, has announced that Russia is ready to start supplying Ukraine with its requested gas volume of 3bcm in the third quarter of 2016 at a price rate of $167.57 per 1,000 cm.
Nigeria: Oil Union Leaders, Government Discuss Strike Issues
Nigeria's government officials held talks with leaders of Nigerian trade union, who are on strike, in efforts to resolve the dispute.
