News / International
Fuel Deliveries from Niger’s Refinery Disrupted by Strike
Fuel deliveries from Niger's only oil refinery were disrupted by the start of a three-day strike over working conditions and pay, a local union official said.
Nigeria’s Forcados Oil Pipeline Unlikely to Operate Before June
The repair works on the pipeline feeding Nigeria's Forcados crude oil to the export terminal are expected to continue until June. The grade has been under force majeure since mid February, a week after a pipeline leak forced a halt to loadings to the export platform.
Kuwait Seeking Crude Output Boost at 3.165mb/d by 2017
Kuwait Oil Company will soon offer contracts for offshore rigs and support services to drill its first undersea wells as the Gulf nation tries to boost crude output to the highest level in more than four decades.
China Offers Nigeria $6b Loan to Fund Infrastructure
After months of talks, China has offered Nigeria a loan worth $6b to fund infrastructure projects, according to the Nigerian foreign ministry.
MENA’s Energy Investments Will Reach $900b Until 2020
The MENA region's total committed and planned energy investments will reach $900b over the next five years, according to a new report published by the Arab Petroleum Investments Corporation (APICORP).
Italy’s Minister Visits Libya in Support of Unity Government
Italy's Foreign Minister, Paolo Gentiloni, arrived in the Libyan capital, Tripoli, in a show of support for a UN-backed unity government that Western nations hope can unite the oil-rich country and lead the fight against a powerful Islamic State affiliate.
Iran’s President Pledges to Meet Pakistan’s Gas Demand amid Concerns
Iranian President, Hassan Rouhani, has pledged to plug the hole in Pakistan’s gas supply via the long-awaited Iran-Pakistan pipeline, however, concerns emerged that neither Pakistan nor Iran were ready to fulfill the roles to implement the pipeline project.
Low Oil Prices Forces IMF to Cut Global Growth Forecast Again
The International Monetary Fund (IMF) has cut its outlook for 2016 economic growth for the fourth time in the past year, citing low oil prices, China’s slowdown and chronic weakness in advanced economies.
