News / International
Libya to Get Electricity from Egypt
According to the Tripoli Government - Which is not an officially recognized government- Libya will import electricity from Egypt and Tunisia and rent generators as it struggles with power outages that have plunged its main cities into darkness, reported Reuters.
Angola Economy Reeling from Low Oil Prices
Angola, Africa’s largest crude producer after Nigeria, is facing extreme austerity measures as it deals with the fallout of low oil prices, reported Bloomberg.
Nigeria Unprecedented Cleanup Plans Awaiting More Guarantees
Nigeria announced that it would finally clean-up the oil-contaminated Ogoniland in the Niger delta, and at the cost of $1bn, according to the Guardian.
GCC States Keen on Wage and Financial Reforms in Low Price Era
According to Trade Arabia Kuwait is embarking on public sector wage reforms, with a bill awaiting National Assembly approval
Iran Oil Contract Law to be Unveiled as Foreign Investors Pour In
Iran’s Minister of Petroleum Bijan Zangeneh announced that his country will introduce its new oil contracts to a London conference planned for December, reported Press TV.
Iraq Hit by Blackouts as Iran Bolsters Electricity Supply
Reuters reported that an explosion targeting the Mirsad electrical line in eastern Iraq disrupted the flow of electricity originating in neighbouring Iran, announced the Iraqi electricity ministry.
New Rules Spur Exports of Natural Gas to Mexico
Recent laws opening up Mexico to natural gas imports have the US industry scrambling for a piece of the pie, said a recent report by the Chicago Tribune.
Angolan Maritime Oil Sector Reaching Out to China and UK
British oil company Ceona has established a “strategic partnership” with Interoil Angola, the company said in a statement on its website,
