News / International
South African Power-Coal Dispute Enters New Phase
In the latest developments concerning the Eskom-Gelcore dispute in South Africa, power supplier Eskom announced on Wednesday that it now insists on compensation from Glencore's mining subsidiary Optimum
Equate Petrochemical Wins International IT Prize
Kuwait’s Equate Petrochemical Company received an IT award from German enterprise software leader SAP in the “IT Business Transformation Category”
Energy Bonds to Boost Iran’s Global Hydrocarbon Potential
Iran’s media revealed that the country plans to sell bonds worth a total of about $1.7 b next year
Old Iran-Kuwait Gasfield Dispute Making a Comeback
Kuwait has reportedly summoned the Iranian charge d’affaires to protest against a bid by Iran to develop unilaterally the disputed offshore Durra gas field
Houstan Firm Sells Angolan Assets during Corruption Investigation
Angola’s state-owned oil company Sonangol agreed to acquire Cobalt International Energy Inc.’s 40% interest in its offshore Angolan discoveries for $1.75b
Angola’s Sonangol Opens Help Desk for Bidding Entities
State-owned oil corporation Sonangol has opened a help desk specifically to assist foreign companies in bidding and operating in Angola, reported All Africa.
Oil Prices Drop Amid Global Downturn
Oil prices for benchmark WTI and Brent crude fell on Monday as stock markets suffer heavy losses and global markets slow down, reported Reuters.
Rooftop Renewables Study in Oman Calls for Feed-in-Tariff System
Oman is making the best of rooftop solar panels, reported Trade Arabia, thanks to Photovoltaic (PV) systems that could offer an estimated 1.4 gigawatts (GW) of energy.
