News / International
Japan Making Way Back to Post-Sanction Iran Crude Market
Executives of Japan's Showa Shell Sekiyu arrived in Tehran on Monday
Qatar Energy Minister Predicts OPEC Oil Price Rebound
US News & World Report cited Qatar's Energy and Industry, Minister Mohammed bin Saleh al-Sada as saying that oil prices have bottomed out ahead of an expected meeting of OPEC members and other oil producers later this month in Vienna.
Chevron: South Africa Does Not Need a New Refinery
South Africa does not need another oil refinery because the slowing economy has curbed demand and the country has ample petrol production, said Shash Rabbipal, the new chairman at the local unit of Chevron.
World Bank to Guarantee Ukrainian Gas Purchases
The World Bank and the European Investment Bank (EIB) have signed an agreement to provide loans worth $520m to Ukraine for the purchase of natural gas, the World Bank announced in an official statement.
Chemical Group INEOS Buys 12 North Sea Fields
The Swiss chemicals company INEOS has purchased 12 gas fields in the North Sea, Reuters reported.
UAE’s Masdar in Talks with Morocco to Invest in Wind, Solar
Abu Dhabi-based renewables firm Masdar is currently in talks over taking part in Morocco's forthcoming wind tender as well as other wind and solar energy investments.
Tanzania Launches Project to Pipe Natural Gas to Dar es Salaam
Tanzania has initiated a $1.33b project to pipe natural gas to its commercial capital, Dar es Salaam, and help relieve chronic power shortages in the city.
South Africa Faces Industrial Action in Electricity Sector
The legal team representing the South African Municipal Workers Union (Samwu) has notified City Power that its planned strike action will not commence on Monday October 19 as originally announced
