News / International

Saudi Seriously Contemplating Slashing Energy Subsidies

Oil Minister Ali al-Naimi confirmed suspicions that the Saudi kingdom could cut its system of energy subsidies

Shell Backs Emirates Foundation’s STEM Projects

Shell has renewed its annual partnership with Emirates Foundation

Iran Utilizes US Go-Betweens to Attract Billions Into Upstream

"During 2016-25, our upstream sector needs $176 b and the downstream sector needs $77 b of investment," said Ali Kardor, the deputy for investment affairs of the National Iranian Oil Company (NIOC)

Nigeria Launches Transparency Bid Round Via TV

Nigeria's state oil firm NNPC began auctioning annual crude term contracts on live television on Tuesday

Angola Reorganises Sonangol and Entire Oil Sector for Efficiency

The President of the Republic of Angola set up a commission to study the readjustment of the organisation of the oil sector to develop an integrated and effective strategy to improve efficiency.

Nigeria’s $20b Gas Pipeline Project Stalls, Fund Shortage

The $20 billion Trans-Saharan gas pipeline project through which Nigeria will transport natural gas to Europe is stalled over shortage of funds.

Algerian-Tunisian Energy Cooperation ‘Excellence’

The level of the cooperation relations between Algeria and Tunisia in the field of energy has reached a level of "excellence," affirmed in Algiers Minister of Energy Salah Khebri and Tunisian Minister of Industry, Energy and Mining Zakaria Hamad.

Zarubezhneft Leading the Way to Post-Sanction Iran

Russian Energy Minister Alexander Novak announced that Russia and Iran will implement joint mid-term projects worth between $35 b and $40 b

African Heads of State Head to India for Continental Summit

The King of Morocco Mohammed VI arrived at Indira Gandhi international airport to participate in the 3rd India-Africa Forum Summit

UAE Struggles Over Predicting Ideal Oil Price for its Budget

Oil at $50 a barrel is a “gift to the world” as prices should be low enough to spur economic growth, explained Ali Al Mansoori head of Abu Dhabi’s Department of Economic Development

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