News / International
Iran Importing and Developing Own Critical Solar Power Technologies
Iran’s Sunir company and Spain’s company Bester signed a cooperation agreement on Monday
Saudi Spending Spree Unabated by Oil Prices, Argue Some
There are conflicting reports emerging over the financial state of the kingdom of Saudi Arabia thanks to Brent price of oil sinking to below $50 a barrel.
Mexican Oil and Gas Plays Struggle to Attract Investment
A full two years after Mexico was opened up to competition with Pemex, the state is struggling to attract investment, said Offshore Engineer in a recent report.
Nigeria to Shift Gears to Agriculture in Fight Against Oil Corruption
Nigeria’s democratically elected President Muhammadu Buhari plans to split the Nigerian National Petroleum Corp. in two, creating a regulator and a vehicle for investments, said Femi Adesina, a presidential spokesman, to cite Bloomberg.
UN Joins Fraud Office Investigations of UK’s Soma Oil
The drama over UK’s Soma Oil & Gas continues to unfold since the British Serious Fraud Office raided the company’s London office on July 31, as part of its investigation into $500,000 worth of payments to Somali officials, to cite Bloomberg.
Kuwait 2030 Strategy Sets Renewable Energy Targets
Organizers of the upcoming Big 5 Kuwait construction event announced that the country’s total spending on energy projects expected will reach $100 billion over the next five years as part of the government’s 2030 strategy
Japan Gravitating Back to Long-Neglected Iran Investments
“We had useful talks with Japan’s State Minister of Economy, Trade and Industry [Daishiro Yamagiwa] as well as CEOs of Japanese companies,” announced Iran’s Oil Minister Bijan Zangeneh
DEWA to Harness Happy Exercising as Further Source of Smart Renewables
AME Info news service said that Dubai Electricity and Water Authority (DEWA) has launched a new corporate social responsibility (CSR) initiative called Al Saada (Arabic for ‘happiness’) based on generating renewable energy from physical exercise.
