News / International
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)
Saudi Arabia On Verge of Fuel Subsidy Reforms
A source in the Gulf oil industry told Reuters that Saudi officials were "seriously" thinking about reducing fuel subsidies, if gradually
Iran Targets Bangladesh with ‘Peace Pipeline’ and Energy Projects
Tehran’s Ambassador to Bangladesh, Abbas Vaezi, announced that Iran is ready to talk about extending its Iran-Pakistan-India “peace pipeline” to include Bangladesh
Brazil’s Petrobras Braces for Strikes
The largest oil workers union in Brazil has announced that it will begin a strike against Petrobras on Sunday, Asia Shipping Media reported. The workers are striking to protest austerity measures being implemented at the massive oil giant.
Luanda’s African Caucus Asks For New Funding Resources
The problems in developing the continent of Africa due to lack of resources was highlighted during the welcoming speech of the President of the African Group, and Minister of Finance of Angola, Armando Manuel, at Luanda Caucus 2015.
