News / International
Iranian Gas Heading to Spain, German Investments Heading to Iran
Press TV reported that Iran has received a proposal from Spain to use its liquefaction facilities to export LNG to Europe, said Oil Minister Bijan Zangeneh.
Saudi Aramco Desperate for Loans
Informed sources, on condition of anonymity, told Reuters that Saudi Aramco is talking to banks about raising a $5b loan to help out a refinery it built in collaboration with China's Sinopec.
Ethiopia: Libya Oil to Expand Its Investment in the Country
Libya Oil Ethiopia Limited, a subsidiary company of Libya Oil Holdings Ltd, is to expand its investment and business in Ethiopia, said Zekarias Wolika, sales and marketing manager of Libya Oil Ethiopia.
South Africa’s Sasol Reports Lower FY2015 Earnings and Dividends
South African Petrochemicals Company Sasol Limited today released full results for the year ending in June 2015, lowering its dividend after weaker oil prices hit earnings.
OVL Buys Stake in Massive Russian Field
Indian firm OVL is buying a 15% stake in the massive Siberian oil field in Russia’s far East, Dispatch Times reported.
Morocco Introduces New Legal Framework for Renewables
The Moroccan renewable energy sector has a new legal framework that finally will allow producers to sell surplus electricity to establishments connected to the high voltage or very high voltage grid of ONEE, the state owned utility responsible for the provision of electricity, as well as the operation of the transmission system.
Ethiopia to Draw on Japan’s Experience with Renewables
Ethiopia’s Water, Irrigation and Energy Minister Alemayehu Tegenu said that his country is its partnership with Japan in the area of climate change and renewable energy,
EQUATE Participates in Petrochemical Graduation Ceremony
Kuwait’s EQUATE Petrochemical Company has participated in the graduation ceremony of the 38th Summer Training Course for University and High School Students by Kuwait Institute for Scientific Research (KISR)
