News / International

Zambia Taking Tentative Steps to Tackle Power Problem

Zambia's President Edgar Lungu announced that Zimbabwe and his country have partnered to explore the possibility of developing a 1,800 Megawatt (MW) power station at Batoka Gorge in Southern Province with an estimated investment of US$4 b

Kenya to Host an International Investment Conference

Kenya is planning to host an international investment conference from Nov. 22 to 25 to attract investors for projects, including expansion of airports, railway, tourism, roads, dams, and energy projects.

Angola’s Oil Production Goal for 2016 ‘Overly Optimistic’

Angola is unlikely to produce 2 million barrels of oil per day in 2016, said the office of economic and financial studies of the Portuguese bank BPI, adding that this is “an overly optimistic goal."

Nigeria’s Oil Firm NNPC Secures Funding for 36 Wells

Nigeria’s oil firm NNPC had signed a deal with a consortium of local and foreign lenders to develop 36 oil wells that would also boost domestic power generation in Africa’s largest crude producer.

Top Iran Refinery Shuts Down After Deaths

Iran announced on Saturday that it had shut down its Shazand refinery in Arak province due to technical failures

Kuwaiti Petrochemicals on Track to Sustainability

Equate organized a workshop on sustainability with the Arab Society for Corporate Social Responsibility (ASCRS)

Nigerian Refineries Undergoing Overhauls

Port Harcourt Refining Company (PHRC) managing director Bafred Enjugu told AFP that Nigeria was finally "domesticating" the refining of crude into products

UK Helps Iran with EOR as Iran Develops Scottish Gasfield

According to Press TV the United Kingdom will pay Iran the country’s share of revenues from Scotland’s offshore Rhum Gas Field, but only after sanctions on the Islamic Republic are lifted.

South Africa to Build a Refinery for Iranian Crude

South Africa plans to build an oil refinery which will use Iranian crude, Deputy Oil Minister Thembisile Majola says.

Russia May Raise Oil Taxes

The Russian government, facing budget deficits due to low oil prices, may restructure taxes on crude to make up for the shortfall, Bloomberg reported.

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