News / International
Mubadala Strikes Strategic Agreement with China National Petroleum
The UAE's Mubadala Petroleum and China National Petroleum Corporation (CNPC) have signed an oil and gas exploration and production co-operation agreement.
Sinopec Entrenches its Reach in Maritime Southern Asia
China Petrochemical Corp., Sinopec announced its plan to build a gasoline filling station and a storage depot at its outpost in the disputed Paracels Island in the South China Sea to ramp up its fuel supplies.
APR Energy Extends its Power Generation Contracts in Angola, Iraq
APR Energy, a global leader in fast-track power solutions, has signed an extension agreement in Angola to prolong its power generation contract for the next six months with a goal to provide 40MW of power at the Rocha Pinto site near Angola’s capital.
Paris Climate Change Conference Reached Historical Accord
At the Paris climate change conference, 195 countries have reached an unprecedented accord to commit nearly all states to lowering greenhouse emissions aiming at decreasing dangerous climate change effects.
Nigerian Navy Fined for Illegal Vessel Detention
A Lagos-based court has ordered the Nigerian Navy and its Chief of Naval Staff to jointly pay a fine of up to $1m to the British Mercury Oil & Gas company, based in Farnham, in a settlement over damage caused by illegal detention of company's vessel M T SAPPHIRE 1 in 2014.
SABIC Gets Top Score in Carbon Disclosure Project
Saudi Basic Industries Corporation (SABIC) has achieved a score of 97 out of 100 for environmental reporting to the Carbon Disclosure Project (CDP).
Iran-French Companies to Build Region’s First FLNG Plant
Iranian companies and a French firm have reached an agreement to build the first floating LNG production unit at the offshore Forouzan oilfield, first in the region, with a capacity of 1mt/year.
Turkmenistan Launches $10b TAPI Gas Pipeline Construction
Turkmenistan has began construction works on a $10b natural gas pipeline project designed to provide up to 33bcm/year of gas from the Galkynysh gas field to Afghanistan, Pakistan and India (TAPI).
