News / International
US Oil Rig Count Drops to 5-Year Low
Rig counts for US oil drilling dropped to 614 nationwide last week, the lowest level since 2010, Bloomberg reported.
Ethiopia to Export Natural Gas Within 3 to 5 Years
Ethiopia will export natural gas within the next three to five years, the government's mines minister Tolossa Shagi told.
SkyPower to Build 200 MW of Solar Energy Projects in Djibouti
SkyPower, the world’s largest developer and owner of utility-scale solar photovoltaic (PV) energy projects, has signed a landmark agreement with the Republic of Djibouti for the development of 200MW of world-class solar projects.
Total, Shell, BP Move into Iranian Fuel Market
Officials in Tehran announced on Friday that Shell would be allowed to build 100 petrol stations in Iran,
Despite Downturn, Saudi Arabia Still Bullish on Energy
The Saudi oil minister, Ali al-Naimi, was quoted by Reuters as saying on Friday that his country is continuing with its investments in the oil and gas industry as well as solar energy despite the current drop in oil prices.
Bahrain Subsidies Hit by Oil Prices
Bahrain more than doubled the prices of beef and chicken, removing meat subsidies to save money as low oil prices squeeze government's revenues
Former Nigerian Oil Minister Aprehended in UK
Relatives of the former Nigerian oil minister, Diezani Alison-Madueke, have confirmed that she had been apprehended in London
Iran’s Cabinet Approves “Draft” of New Model Petroleum Contract
Iran's cabinet has approved a draft of the yet to be released international oil and gas contract model, reported Reuters, citing the Oil Ministry's Shana news agency on Wednesday.
