News / International

Sweden Continues Developing Nuclear Energy

The Swedish government coalition has reached a new agreement with the three opposition parties to continue developing nuclear energy, while at the same time committing to converting Sweden’s energy production to 100% renewable energy by 2040, however, no deadlines were put for the phase out of nuclear energy.

Puma Energy Tanzania Reports Loses over Oil Thefts

Puma Energy Tanzania has appealed to the government to put in place control mechanisms in order to curb theft of oil during discharge to its storage facilities which it said have caused losses amounting to approximately $64m between 2014 and the first quarter of 2015.

Petropars, Interoil Italia, PSEEZ Agree to Develop Oilfield in Iran

Iran's Petropars, the Pars Special Economic Energy Zone (PSEEZ), and Italy's Stinnes Interoil Italia Srl inked a deal to develop a new oil field in southern Iran.

Nigerian Militants Attack Eni’s Pipeline

The Niger Delta Avengers claimed responsibility for an attack on an oil pipeline operated by a Nigerian subsidiary of Italy's Eni oil company, Agip.

Ukraine Likely to Reject Russia’s Gas Supply Offer

Ukraine will likely turn down Russia’s most recent offer of supplying the country with natural gas at a price of $177 per 1,000 cm in the third quarter of 2016.

Russia Mulls EU Southern Gas Routes with EC

Russian Energy Minister, Alexander Novak, has declared that Russia is ready to consider any mutually beneficial options for delivering gas to Southeastern European countries – Greece and Italy – including through Bulgaria.

Petrofac to Resume Operations in mid June

Petrofac will resume operations in Kerkennah after having been shut since the end of April 2016 due to a sit-in staged by workers of local environment companies.

Aramco, GE to Install Kingdom’s First Wind Turbine

Saudi Aramco is partnering with General Electric (GE) to install the kingdom’s first wind turbine at the Turaif Bulk Plant.

Libya Captures Key Port from ISIS

Libyan forces fighting ISIS claim to have taken the port of Sirte as troops battle to drive militant out of their biggest stronghold outside Syria and Iraq.

Saudi Arabia Seeks Investors for Solar Plants

Saudi Electricity Co. (SEC) is seeking bids from international developers to build two solar-power plants in Al-Jouf and Rafha in the north of the country.

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