News / International
Fall in Crude Prices Causes Sales to Drop in US
Share sales by US oil and gas companies have slowed sharply in recent months, in a sign of the tightening financial pressures on the industry following the fall in crude prices.
Oil Hits New Low as Greece Fails to Reach Euro Deal
Oil dropped to a three-week low amid concern Greece’s failure to reach a deal with international creditors will prompt its exit from the euro area.
Thailand Denies Reports of Thai Canal, Contemplates Oil Pipeline
A deputy prime minister of Thailand has denied reports that Bangkok and Beijing have reached an agreement to develop the Thai Canal across the Kra isthmus, calling the project "stupid" and revealing that the country is now contemplating an oil pipeline that will not require consultation with China, reports Hong Kong newspaper Ming Pao.
Dominovas Energy Achieves Historic Partnership With U.S. Government
Dominovas Energy Corporation announces a historic partnership with the United States government. Dominovas Energy Corporation, via the deployment of its modular, off-grid RUBICON™ Solid Oxide Fuel Cell systems, has been named as the first, and only, fuel cell company selected as a Private Sector Partner to President Barak Obama's POWER AFRICA INITIATIVE. The Power Africa Initiative is a multi-stakeholder partnership comprised of private sector participants, the United States government and governments of several African countries, including but not limited to the following Power Africa focus countries: Ethiopia, Ghana, Kenya, Liberia, Nigeria and Tanzania. This partnership extends beyond public and private sector engagement. These captive agencies / entities maintain an express intent to nurture and accelerate private sector investment in Africa's power sector over the next several years.
Nigeria Relaxes Grip on Gas Prices to Increase Power-Plant Supply
Nigeria’s energy regulator said it’s prepared to approve higher prices for natural-gas supply to ensure increased deliveries to the nation’s ailing power plants.
Fuel Shortages to Hit Nigeria Says Seplat CEO
Nigeria will probably be hit by fuel shortages in three weeks as the government doesn’t have enough money to pay for gasoline subsidies, according to the head of Seplat Petroleum Development Co Plc.
Libya Discusses Power-Sharing Deal
Libya's two main rival factions restarted U.N.-backed peace talks in Morocco on Friday with negotiations at a crucial stage over a power-sharing proposal that negotiators call the best chance for peace.
Iran’s Planned 4 Mcm/d Gas Exports to Iraq Postponed
Iran’s gas exports to the neighboring Iraq have been pushed back again over concerns about the security of the pipeline
