News / International
EU Expects Nuclear Sanctions on Iran Lifted Soon
The EU expects sanctions on the Islamic Republic to be lifted shortly as Iran's efforts to implement the July 2015 nuclear deal are proceeding in line with the terms of the agreement and according to the schedule.
Iran Completes $6b Gas Development Through Local Efforts
Iran has brought two more operations online in its biggest South Pars gas field in Asaluyeh, the Phases 15 and 16, at a total cost of $6b.
Nigeria Presents Plan to Renew its Power Sector
Nigeria has presented a new, comprehensive 13-point plan to renew power sector in the country, according to Nigerian Minister of Power, Works and Housing, Babatunde Fashola.
Oman Preparing Region’s First Electricity Spot Market
The Oman Power and Water Procurement Company (OPWP), a member of Nama group, is making preparations for the establishment of a spot market system for electricity trading in the Sultanate, the first of its kind in the region,
Energy Firms Owe Nigerian Banks $20b
Energy firms owe Nigerian banks N4t ($20b) as of September 2015, according to data from the Central Bank of Nigeria.
ACEP: Ghana’s Petroleum Tax Beyond Acceptable Levels
Ghana’s new taxes on petroleum products are beyond acceptable levels for a developing country, according to the African Center for Energy Policy.
Algeria, EU Prioritize Renewable Energy and Energy Efficiency
Algerian-EU energy cooperation scheme envisions new plans for development and investment in energy efficiency and renewable energy.
Algerian, British Ministers Discuss Energy Investment
Algeria's Energy Minister, Salah Khebri, and British Special Representative, Lord Richard Risby, held a bilateral meeting to discuss greater energy cooperation between the two countries.
