News / International

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.

Faroe Petroleum Announces New Oil&Gas Discovery

The Aberdeen-based Faroe Petroleum has expanded its North Sea assets after discovering a new exploration oil and gas well in the Norwegian North Sea.

Iran Exports First Fuel Oil

Iran exported its first consignment of fuel oil, destined for regional countries and weighing 4,500 tons, from Assalouyeh harbor.

Canadian Natural Resources Mulls $50m Investment in New Wells

Canadian Natural Resources Ltd., the country’s largest producer of natural gas and conventional heavy oil, has declared that it will additionally invest $50m to drill 123 new heavy oil wells, 5 new light wells, and 11 thermal oil wells, in the second half of 2016.

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