News / International
Nigerian Christmas Tragedy: 100 Burnt to Death in Gas Explosion
A huge explosion at a butane gas depot in south-eastern Nigeria on December 24th has left "tens" of people dead, mostly workers and customers who had come to the plant to fill up their gas bottles to cook meals on Christmas Day.
Nigeria to Reduce Petrol Price in 2016
Nigeria will reduce gasoline costs and scrap a fuel subsidy under a pricing mechanism to come into effect from January.
Tunisia, Saudi Arabia Sign Power Plant Agreement
Saudi Arabia and Tunisia signed an agreement for the construction of a power project in Monragia, Tunisia, co-financed by the Islamic Development Bank by some $200m.
UAE to Withstand US Crude Exports Unaffected
In the aftermath of America's landmark decision to remove the ban on crude oil exports, UAE's Minister of Energy, Suhail bin Mohammed Faraj Faris Al Mazrouei said that the move would not affect market fundamentals or change the supply and demand balance.
Iraq to Resume Oil Exports Through Saudi Pipeline
Iraq is seeking to reopen its crude oil pipeline from its southern oilfields through Saudi Arabia to the Red Sea port of Yunbu.
Iran Prepared for US Crude, OPEC Shares to Decline
In the wake of US historic decision to remove its 40-year crude export ban, Iran is to suffer the least among oil producers, according to a statement issued by the National Iranian Oil Company (NIOC).
Dubai Targets Energy Savings Aiming at Lowest Carbon Footprint
The Dubai Supreme Council of Energy has announced that Dubai expects to achieve 8% to 10% savings in energy demand by 2020, while generating the lowest carbon footprint in the world.
Iran’s 2016-2021 Plan Targets Renewables, Energy Efficiency
Iran has set up an aggressive growth plan to boost green energies as part of the country's larger commitment to sustainability and economic diversification in the framework of its five year economic development plan between 2016 and 2021.
