News / International
NREA Head Calls for Arab States’ Renewables Entity
Egypt's New and Renewable Energy Authority's (NREA) Head, Mohamed Salah El Sobky, has called for establishment of a special renewable energy entity for Arab states.
Sonangol’s Ex-CEO Tipped as Possible President of Angola
Angola's Vice-President and former CEO of state-run oil company, Sonangol, Manuel Vicente, is being considered as one of possible presidential successors, following the announcement that the current head of the country, José Eduardo dos Santos, may resign by 2018.
Venezuela Launches Largest Oil Tenders Ever
Venezuela's state-run oil company PDVSA has launched one of its largest oil tenders ever, seeking to buy some 8m barrels of US or Nigerian light crude for delivery from April through June.
US Oil&Gas Rig Count Drops to Record Lows
The number of rigs drilling for oil and natural gas in the United States has fallen to the lowest level since at least 1940. In spite of the decline, oil and gas production has been surprisingly resilient.
Nigeria’s Oil Unions End Strike After Govt Promises
Nigerian unions ended a day-old strike against the split of the state-owned Nigerian National Petroleum Corp. (NNPC) after a minister promised there would be no job cuts.
US Gulf Oil, First Foreign Co. to Enter Mexico’s Gasoline Market
US based Gulf Oil LP it is entering Mexico's gasoline retail market, becoming the first foreign company to do after the energy reform that ended more than seven decades of government monopoly in the sector.
Algeria’s Sonatrach Awards $880m Drilling Tubes Deals
Algeria's state energy firm Sonatrach has awarded an $880m contract to four foreign firms for a supply of oil and gas drilling tubes. The four companies are Germany's CCC Machinery, Dutch firm Van Leeuwen, Japan's Marubeni-Itochu, and Vallourec Tubes France.
Egypt, Jordan, Iraq Affirmed Joint Oil, Gas Pipeline Projects
Egyptian, Jordanian, and Iraqi Oil Ministers confirmed their countries' commitments to pursue oil- and gas-related projects that had been previously agreed through a Memorandum of Understanding signed in mid-November 2015, Egypt's government informed in a statement, following trilateral talks held in Cairo.
