News / International
Business-Friendly Details of Iran’s New Model Contract Revealed
Iran's new oil and gas contracts will have flexible terms that take into account oil price fluctuations and investment risks.
World Powers to Aid in Iran’s Arak Reactor Redesign
A document released by Iran's state news agency IRNA proves that United States, Britain, France, China, Russia plus Germany are all helping Iran redesign its Arak heavy water reactor so that it cannot produce weapons-grade plutonium.
Brazilian Petrobras Confirmed Oil Discovery
The semi-public Brazilian multinational energy corporation has confirmed oil discovery in Pitu area, in deep waters of Brazil's Potiguar Basin following the drilling of an extension well.
Nigerian President to Attend Exporting Countries Forum In Iran
Nigeria and other Exporting Countries Forum (GECF) members currently account for 42% of global gas production‎, 70%t of global gas reserves, 40% of pipeline transmission of gas and 65% of the global trade in Liquefied Natural Gas.
Libyan Oil Finds a Consistent Buyer in Glencore
Anglo–Swiss multinational commodity trading and mining company headquartered in Baar, Switzerland, Glencore has secured a deal to buy roughly the half of the oil Libya is currently exporting.
Low Water Levels Hit Zimbabwean Power Generation
More blackouts and low industrial production are imminent in Zimbabwe as the output from a major source of hydro electric power drops to critical levels.
Rwanda Company to Use Waste to Generate Energy
Agruni Ltd, company dealing in waste collection, has signed a memorandum of understanding (MOU) with Rentec, a Belgian company which recycles waste into energy,
Angola to Attend 12th Energy Regulators Meeting
Angola will attend the 12th Energy Regulators Regional Association (ERRA) meeting set for 23-27 this month in the Ezulwini Valley region of Swaziland.
