News / International

Argentina’s Plan to Seize Assets of Falklands Oil Drillers Criticised by the UK

Britain on Monday accused Argentina of a politically motivated and illegal attack on the nascent oil industry around the disputed Falkland Islands, after Buenos Aires said it would seek to seize the assets of drillers operating in region.

Ethiopia Introduces Wind Power

The wind blows hard over Adama, a range of rocky hills in Ethiopia's highlands that provide the perfect location for one of the continent's largest wind farms.

Nigeria’s APC States Government Must Scrap Oil-Industry Bill

Nigeria’s ruling party recommended the government discard a long-delayed oil-industry bill, review fuel subsidies and sell off some units of the state petroleum company.

Nigeria’s Oil Company Kept Most of Oil Revenue

Nigeria's state oil company earned 8.1 trillion naira ($41 billion) from 2012 until the end of May, but only paid 4.3 trillion to the federal government, the country's National Economic Council (NEC) said on Monday.

ISIS Deploys Suicide Bombers Against Syrian Petroleum Targets

Islamic State suicide bombers blew up two trucks in the heart of the northeastern Syrian city of Hasaka and a fire erupted at petroleum storage tanks and a textile firm after shelling by the militant

Iran Building Terminal for 14,000-Ton Oil Tankers in Caspian Sea

Iran is developing an oil terminal in a northern Caspian port to allow docking by large tankers, an official said on Monday.

Alstom to Build and Service Saudi National Grid Infrastructure, Training

Alstom Grid, a global leader in the world of power generation, power transmission, has signed a long-term deal with National Grid SA of Saudi Arabia to develop the electricity infrastructure in the kingdom.

Oman’s Electricity Conservation Education and Awareness Campaign

Muscat Electricity Distribution Company (MEDC), a part of Nama Group, is continuing its electricity conservation campaign with the co-oepration of the Al Rahma Charity Group.

Gulf Keystone in Kurdistan to Supply Unnamed Local Buyer

Gulf Keystone Petroleum has signed a six-month contract with a crude oil buyer in Iraqi Kurdistan

Bulgaria Says Gas Interconnector with Greece Could Break Russian Monopoly

Bulgarian Foreign Minister Daniel Mitov pointed to the planned gas interconnector between Bulgaria and Greece as having the potential to break Russian monopoly.

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