News / International
UAE, Chinese Joint Venture to Market Solar Power Tech
Nanjing-based photovoltaic (PV) manufacturer, China Sunergy (CSUN), has signed a deal with the UAE’s Z-One Holding to establish a joint venture company, CSUN Solar MEA FZC, that will sell a full range of solar products and solutions in the Middle East and Africa.
Chevron, PetroChina Start Sour Gas Production in Sichuan Basin
Chevron Corp. and PetroChina Co. began long delayed gas production from the Luojiazhai onshore field in China’s southwestern regions of Sichuan and Chongqing, at the end of 2015, with an annual production capacity of 3bcm of gas.
Nigeria May Take Greater Debt as Oil Price Slides
Nigeria may have to take greater debt to meet its yearly budget, amid an increasingly low oil price which is crucial for government revenues.
Uganda’s Umeme to Expand Customer Base in 2016
Ugandan power distributor, Umeme, expects to expand its customer base from the current 790,000 customers to 1m in 2016, with projected investments of between $80m and $120m.
Gas Explosion in Nigeria Leads to Increased Safety Regulations
In response to the Nweni gas explosion on December 25th, which killed a number of people, the Nigerian government is instituting new safety regulations.
Morocco Seeking Bids for 400MW Solar Plant
Morocco’s agency for solar energy, Masen, has launched a tender for bids to build a 400MW solar power plant of the Noor Midelt solar power project.
Aramco Targets Downstream Sector in Privatization Bid
Saudi Aramco's publicized plans to sell its shares on the open market are expected to target the downstream sector exclusively, according to initial announcements.
Fieldwood Energy Signs Deal for Offshore Exploration in Mexico
Fieldwood Energy has signed a production sharing contract with Petrobal for two year offshore appraisal projects at Bay of Campeche in the Gulf of Mexico, which has estimated reserves of 68m barrels of light crude oil and 92bcf of natural gas in deep waters.
