News / International
OPEC Output at Record High in June
The Organization of the Petroleum Exporting Countries' (OPEC) oil output has risen in June to its highest in recent history as Iran and the Gulf member states boosted their oil supply.
Iran Triples Gas Exports to Armenia
National Iranian Gas Exports Company's Managing Director has said that an agreement was reached with Armenia to bring about a threefold increase in Iran’s gas exports to the country.
Ukraine Secures $15m Loan from IFC
The International Finance Corporation (IFC) will provide Ukraine’s Nadezhda LPG, a wholesale and retail distributor of LPG, gasoline, and diesel fuel, with a $15m loan to finance the expansion and upgrading processes of the company’s existing network of more than 50 retail stations in Kyiv and other Ukrainian regions.
Libyan National Oil Corporation Leaders to Unify Sector
Libya’s National Oil Corporation's (NOC) top officials have agreed on the sought after unification of its management and have put an end to the rivalry over who has the legal right to manage the oil exports of the country.
South Africa: Heads of Strategic Fuel Fund Step Down
Heads of South Africa’s Strategic Fuel Fund (SFF) stepped down after the Department of Energy objected to an allegedly unauthorized offer the SFF submitted for the purchase of Chevron Corporation’s assets in the country.
Enagas Expands Share Acquisitions in Spain and Chile
Spanish gas grid operator Enagas announces increasing its stakes in two regasification plants in Spain and in Chile.
Gulf of Mexico Fire Halts Various Pipelines’ Operations
At least two offshore oil and natural gas platforms have stopped operations in the US Gulf of Mexico after an Enterprise Product Partners LP plant had caught fire in Pascagoula, Mississippi.
China, Nigeria Sign $80b Oil, Gas Infrastructure Development Deal
Chinese companies have agreed to invest $80b in oil and gas infrastructure projects in Nigeria.
