News / International
Nigeria Directs Country-Wide Fuel Supply Intervention
Nigeria's Ministry of State for Petroleum Resources has issued a direction to agencies requesting a special supply intervention to ensure petroleum products will be delivered during the upcoming Christmas holiday.
Eastern Libyan State Oil Company Signs Deal with Egypt
The state oil company of Libya’s eastern government has completed a deal to sell 2m barrels of oil to Egypt.
Africa Launches Ambitious Renewable Energy Initiative
Africa has launched an ambitious Africa Renewable Energy Initiative (AREI) to develop more than 10GW of renewable energy generation capacity by 2020, and at least 300GW by 2030, potentially making the continent the cleanest in the world.
President Sisi Meets with OAPEC Ministers
President Abdul Fattah El-Sisi met with ministers and delegates from member states of the Organization of Arab Petroleum Exporting Countries (OAPEC) to discuss regional energy issues.
Tanzania Attracts Investors over Gas-to-Power Project
Several potential investors have shown strong interest in 600 MW gas-to-power project in Mtwara, Tanzania, run by a US-based Company, Symbion Power.
Ducab Hired for Offshore Abu Dhabi Project
Ducab, a leading manufacturer of high-quality cables and cabling products, has partnered with Jopetwil Industrial Company, a subsidiary of UAE-based Control Contracting and Trading Company (CCTC), to launch its first marine offshore project in Abu Dhabi.
Iran Signs $21b Export Deals with Russia
Iran has signed export deals with Russia worth $21b including production and procurement of satellite-related equipment and Superjets.
Kuwait Lifting Fuel Subsidies, Adopting Tax Reform
Kuwait's government has decided to lift fuel subsidies and apply new water and electricity consumption prices, postponing an official announcement, until the Ministry of Commerce and Industry designs an effective plan to monitor prices amid fears of inflation.
