News / International
Russian Business Delegation to Visit Egypt in Mid-January
A number of Russian firms will visit Egypt in mid-January to discuss investment in the fields of power, agriculture, tourism, and automotive.
Nigeria Navy Raids Illegal Crude Oil Traders
The Nigerian Navy said it had uncovered a hideout of crude oil thieves in Oteghale community, Warri-South Local Government Area of Delta State, and arrested 16 suspects.
Shell Launches Gas Production in Irish Controversial Corrib Field
Royal Dutch Shell has launched gas production from the Corrib field off the northwest coast of Ireland after two decades of local opposition and an investment of $3.9b (€3.6) in the field exploration and development.
Russia’s Oil Output Hits Record in 2015
Russia's oil output hits post-Soviet record with 10.73mb/d in 2015, up from 10.58mb/d in 2014, as small- and medium-sized energy companies such as Bashneft cranked up the pumps despite falling crude prices.
India Seeks to Acquire Assets in Oil&Gas Industries in Africa
India announced it was opening negotiations with state-run oil and gas companies from Africa to acquire more assets on the resource-rich continent in downstream industries, hydrocarbon exploration and production, export of oilfield services, and construction of fertilizer plants.
Indonesian Company to Sell its 75% in Gas Block in Mozambique
Indonesian oil mining firm, Energi Mega Persada A, said it would sell its 75% stake in the gas block in Buzi, in Central Mozambique, worth $96.25m to an unknown strategic investor in Africa.
Chinese Company Finishes Drilling Gas Appraisal Wells in Ethiopia
Chinese firm POLY-GCL Petroleum Group Holdings has finished drilling two appraisal wells in Ethiopia's southeast and will soon know the size of gas deposits there. Gas production may starts this year.
Catholic Church in South Africa Urges for Nuclear Referendum
The Roman Catholic Church in South Africa has urged the government to suspend its nuclear power procurement plans until a referendum on the issue is held, referring to implicated economic and safety risks.
