News / International
Namibia: Nampower to Sign Power Supply Agreement With Eskom
The Namibia power utility Nampower is finalising a bilateral agreement with the South African Eskom for 200MW power supply, according to the company.
North Sea Helicopter Crash: ‘Technical error to blame’
An Airbus H225 Super Puma helicopter ferrying 11 oil workers and two crew from a Norwegian oil platform crashed in the North Sea on April 29th killing all people on board. Norwegian investigators have provisionally ruled out pilot error.
UAE Delays Construction of LNG Import Facility
Abu Dhabi indefinitely postponed the construction of the first onshore LNG import facility in the busy oil port of Fujairah in favor of a floating supply terminal.
Iran, South Korea Signed Oil&Gas Cooperation Deal
National Iranian Oil Company (NIOC) and the Korea Gas Corporation (KOGAS) have inked a deal to study the development of the Balal offshore gas field, an agreement for KOGAS to purchase future Iranian LNG exports, and to participate in the construction of a subsea gas pipeline to Oman.
Nigeria Starts Crude Oil Production in Lagos
A Nigerian firm had its first oil production from an offshore field in the commercial city of Lagos, which is the first output outside the country’s oil hub in the Niger delta.
EU’s Rejection to Nord Stream Grows
The center-right European Peoples' Party (EPP), the largest group in the European Parliament, has taken a strong position against Russia's Nord Stream-2 project.
Engie Ordered to Raise Prices
Following a complaint by rival Direct Energie, the French competition authority has ordered Engie to raise its natural gas prices for companies, saying that in some cases the utility was engaging in “predatory pricing” to the detriment of competitors.
UN Blacklisted Eastern Libyan Tanker
A tanker with oil from eastern Libya returned with its cargo to the North African country after the United Nations blacklisted the shipment, amid an escalating struggle between the nation’s rival governments for control of its crude wealth.
