News / International
Nigeria Has Third Highest Oil Production Costs
Nigeria is now the world' third most expensive country to produce oil in, with a production cost per barrel of crude oil put at $28.99.
Rosneft-BP JV to Explore for Oil in Russia
Russia’s state-owned oil company, Roseneft, has signed a new oil exploration joint venture (JV) deal with BP in Russia. The JV, Taas-Yuryakh Neftegazodobycha LLC, will invest up to $300m in conducting oil exploration operations in the West Siberian and Yenisey-Khatanga basins of Russia.
Sound Energy Confirms Gas at Moroccan Tendrara Well
Sound Energy revealed that the preliminary petrophysical analysis of the first Tendrara well, onshore Morocco, confirmed the presence of a number of gas bearing levels.
Gazprom Receives Gas Debts from Belarus
Russia’s energy giant, Gazprom has received full payments for gas supplies to Belarus, confirmed Gazprom Head, Alexey Miller, who also added that the debt issue is nothing but a dispute between two local enterprises
Germany to Construct Solar Plant in Iran
Germany will construct a solar power plant and other facilities in Iran, according to a statement made by an Iranian official at the Governor-General's office.
Qatar Navigation to Buy Qatar Petroleum Stakes
Qatar Navigation (Milaha) has reached a preliminary agreement to buy Qatar Petroleum's stake in oilfield services firm Al Shaheen Holding.
Militia Group Attacks Near Libyan Oil Facilities
A militia group in Libya - the Benghazi Defense Forces - launched an attack on eastern military units in an area close to oil facilities in the country.
Eskom Links Last Units to South Africa’s Grid
Eskom took a huge step to overcome South Africa’s electricity shortages, saying it had linked the last of four units at its new power plant to the grid.
