News / International
Nigeria to Search for Oil in Chad Basin
Nigeria plans to begin exploratory drilling in search of oil in the northeastern Chad Basin region by October, the head of the state oil company, Emmanuel Ibe Kachikwu, said.
Gazprom Mulls Building LNG Hub in Bahrain
Russian state-owned oil and gas giant Gazprom is pondering to create a liquefied natural gas (LNG) distribution hub in Bahrain, which will be meant to intake LNG from various countries, including Russia.
Halliburton, Baker Hughes $28b Merger Deal Fails
Oilfield services provider Halliburton Co and smaller rival Baker Hughes Inc announced the termination of their $28b merger deal after opposition from US and European antitrust regulators.
Sound Energy Spuds First Tendrara Well Onshore Morocco
Sound Energy, European and Mediterranean focused upstream oil and gas company, has confirmed the commencement of drilling the first well at Tendrara, onshore Morocco. Russia Ups Oil Exports to China
Russia exported 6.8m ton of crude oil to China in the first quarter of this year, First Deputy Energy Minister Kirill Molodtsov said, adding that the ministry expects more growth.
Nigeria Enhances Gas Stations Security
Nigeria deployed police and soldiers to gasoline stations to maintain order as fuel shortages grip Africa’s biggest oil producer.
US LNG New Trade Could Trigger Price War in Europe
Portuguese Galp Energia has bought the first European cargo loaded with US natural gas. According to experts, this is the first shipment in a trade relationship that could shake up the European market.
Malta Bars Entry to East Libya’s Oil Tanker
Malta barred entry to a tanker containing the first oil cargo shipped by the government in eastern Libya since the country with Africa’s biggest crude reserves split into competing power centers in its east and west.
