News / International

Oil Prices Prompt Saudi to Sell Airports

Saudi Arabia will begin privatizing its airports and related services in the first quarter of 2016, the country’s General Authority for Civil Aviation (GACA) said on Sunday

Iran Oil Exports to Sri Lanka in the Offing

Iran and Sri Lanka have begun new talks to resume oil shipments to the Asian country, head of the National Iranian Oil Company (NIOC) Roknoddin Javadi says.

Enoc Launches Revised Code of Conduct During Ethics Week

Emirates National Oil Company (Enoc) introduced its revised ‘Code of Business Conduct’ (COBC) at a staff event organized during the recent ‘Ethics Week’ in Dubai, UAE.

Saudi Aramco Research Network Reaches Detriot

Saudi Aramco has opened a research and development (R&D) centre in the Detroit area of the US as part of company’s global fuels technology program.

Shell Adds Ultra Deep Water Facility to Gulf of Mexico

Royal Dutch Shell’s newest oil-production vessel, named the Turritella, set sail from Singapore this week for the world’s deepest underwater oil field, located in the Gulf of Mexico

Nigerian Oil Workers to Resist Mass Sack

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) vows to resist any mass sack of its members.

Morocco: the New Investment Hub for Oil and Gas

Morocco has succeeded in becoming the new investment hub for oil and gas, said director general of the Moroccan National Hydrocarbons and Mining Company (ONHYM).

Namibia: More Renewable Energy Expected

Namibian finance minister Calle Schlettwein promoted the development of renewable energy which now smartly compete with conventional power sources from a cost point of view.

South Africa Eskom’s Reform Shows Results

A plan to reform South Africa power company Eskom Holdings SOC Ltd. and provide more electricity to South Africa and its economy is starting to show results.

International Gas Union Reacts to IEA World Energy Outlook

In its “World Energy Outlook 2015,” the International Energy Agency outlined current trends in global energy and called for clear strategies and initiatives for achieving sustainable energy objectives. World demand for energy is expected to increase by more than 30 percent by 2040, driven by developing countries, highlighting the importance of finding responsible solutions to global energy needs.

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