News / International

Technip Inked $500 Deal for Libyan Offshore Platform

French company Technip inked a deal worth $500m with a consortium that includes Libya's National Oil Company (NOC) and Italy's oil and gas major ENI to refurbish the offshore oil platform for the Bahr Essalam oil field about 100 kilometres off Tripoli.

Private Company Asks to Enter Kenya Power Market

PowerGen, a Nairobi-based renewable energy firm, has sought approval from the Kenyan Energy Regulatory Commission (ERC) to generate, supply and sell power to more than 100,000 homes in western Kenya using its solar energy micro-grids.

Nigeria Militants Renew Threat as Buhari Visits Delta

The militant group Niger Delta Avengers (NDA) has issued a renewed threat to international oil companies as Nigerian President Muhammadu Buhari reportedly plans a visit to the troubled region.

Bulgaria, Greece Plan to Build Greek LNG Terminal

Bulgarian state energy holding company BEH and Greek natural gas company Gastrade have launched a joint task force to work on a proposal to build an off-shore liquefied natural gas (LNG) terminal in northern Greece.

Indian ONGC Videsh to Trade Crude Jointly with SOCAR

Indian OVL signed a Memorandum of Understanding (MoU) with SOCAR Trading, the trading arm of Azerbaijan's government-owned energy firm SOCAR, for foraying into oil trading business.

Top Oil Exporters Raise Output Ahead OPEC Meeting

Top oil producing countries such as Saudi Arabia and Iraq are raising supply in crude oil ahead of OPEC meeting despite discussions on freezing oil.

Libyan Guards Captures a Town Near Oil Ports

Libya’s Petroleum Facilities Guard (PFG), a force that controls oil terminals in eastern Libya, captured a town near the country’s biggest oil port of Es Sider after clashes with militants from the so called Islamic State.

Saudi Arabia Agrees Petchem Project with China

Saudi Arabia's giant petrochemical coporation, SABIC, inked a deal with Chinese Shenhua Ningxia Coal Industry Group to build a petrochemical complex in China.

Record Loan Secured to Boost Zambia Power Grid

Standard Chartered Bank has partnered with the United States Agency for International Development (USAID) to deliver a term loan worth S$60m to reduce Zambia’s power gap.

Russia’s Gazprom Expects Around $28b Revenues in 2016

Russia's Gazprom expects revenues to be at around $28b this year if the rouble rate averages 65 per US dollar.

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