News / International
Shell May Be Held Liable for 2008 Nigeria Oil Spills
A Dutch appeals court ruled that Royal Dutch Shell may be held liable for 2008 oil spills at its subsidiary in Nigeria, potentially opening the way for other compensation claims against multinationals in the Niger Delta.
Iran Announces Post-Sanction ENI Drilling Project
The National Iranian Drilling Company (NIDC) announced it had signed a memorandum of understanding (MoU) with the subsidiaries of the Italian Company ENI to launch drilling of 40 wells in the South Azadegan oilfield.
Saudi Pledges New Investments, Oil Support for Egypt
Saudi Arabia and Egypt signed an agreement that will renew kingdom's economic support for Cairo via oil assistance and additional $8b worth of investments in the next five years.
Netanyahu Approves Leviathan Deal on National Security Grounds
Israeli Prime Minister, Benjamin Netanyahu signed a deal giving final approval for the development of the Leviathan natural gas field off Israel's coast.
Jordan Launched First Utility-Scale Wind Farm
The Jordanian government announced a launch of the region's first utility-scale wind power plant, the 117MW Tafila wind farm project to displace 235,000 tons of carbon dioxide emissions annually.
Libya Peace Deal Expected to Restore Oil Output
The UN-backed deal signed between Libya's two rival factions in Morocco on December 17th is to create a unity government to help recover stability in the divided country, and counter the threat of Islamic State militants.
Mexico Offers its First Deep-Water Exploration Blocks to Bidders
Mexico is offering its first deep-water oil and gas exploration blocks to bidders as part of the historic energy industry overhaul that will open the sector to private investment.
Egypt Hosts OAPEC Conference
Egypt hosted the 95th Organization of Arab Petroleum Exporting Countries (OAPEC) ministerial meeting on December 20th.
