News / International

TransCanada to Sell Assets to Fund Pipeline Growth

TransCanada is looking to sell its New England power generation business as part of its effort to finance its $10b acquisition of Houston-based Columbia Pipeline Group.

Iranian Crude Exports to Asia Expected to Increase

Iranian crude export to the Asian markets in February jumped by about 25% from a year earlier to levels last seen in 2014, as latest market figures show.

Nigeria Talks to Chevron, Total, Eni to Revamp Refineries

Nigeria is in talks with oil majors Chevron, France's Total and Italy's ENI to get help revamping the ailing refineries in Africa's top crude producer, its oil Minister said.

South Africa’s Transnet Gets 23% Pipeline Tariff Increase

South Africa's national energy regulator has granted logistics utility Transnet a 23% tariff increase for fuel transport.

Russian Gazprom, Belgian Fluxys Sign LNG Cooperation Deal

Russia's gas giant Gazprom and Belgium's Fluxys have signed a deal to cooperate on small-scale market of liquefied natural gas (LNG) in Europe.

Ecuador Calls on Colombia, Mexico to Freeze Oil Output

Ecuador is lobbying fellow Latin American oil exporters, Colombia and Mexico, to freeze crude production as part of a broad price-boosting effort that would be cemented at an April 17th meeting of OPEC and non-OPEC producers in Doha.

UK’s North Sea Oil Industry May See 45,000 Jobs Cut in 2016

British Oil and Gas companies located in UK's North Sea region could let go up to 45,000 employees in 2016, according to Sir Ian Wood, the former Chairman of Wood Group, an energy services company.

Jordan Signs Oil&Gas Exploration Deal with UK’s IPG

Jordanian National Petroleum Company and IPG, a UK-based company, signed a production sharing agreement to explore for oil and gas in the eastern parts of the Middle Eastern kingdom.

Tanzania Confident to Win Oil Pipeline Project with Uganda

The government of Tanzania has sent a business delegation to Kampala, Uganda, to lobby the Ugandan President and other senior officials to conclude an unresolved contract that will allow for the construction of an oil pipeline from Uganda to Tanzania.

Nigeria’s NNPC Secures Crude Import to End Fuel Scarcity

Nigerian President Muhammadu Buhari has given approval for the Nigerian National Petroleum Corporation (NNPC) to import additional crude oil volume to guarantee supplies of Premium Motor Spirit (PMS) petrol with a goal to end fuel scarcity in the country.

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