News / International
Nigeria’s Gas Prices Could Boost Production
Nigeria needs to increase natural gas prices for power plants further to help encourage more gas exploration and production, the chief executive of Oando Gas & Power, said on Friday as the country's new president is sworn in.
Aramco to Use Asian Talent in Global Refining Contest
Saudi Arabia's state oil firm is on a hiring spree in South Korea, as the world's top crude exporter seeks engineers to run plants in its soaring refining sector - setting it on course to compete with some Asian countries that are big oil buyers.
Oman Waste-to-Energy Initiative to Go Private
The government-owned Oman Environmental Services Holding Company (Be’ah) plans to complete a detailed feasibility study of its landmark waste-to-energy initiative by the third quarter of this year.
Oman to Pour Billions into Indonesian Oil Sector
Oman has committed to invest $7 billion to build oil storage facilities, a petrochemical plant and a refinery in Indonesia, an Indonesian minister said on Thursday.
Yokogawa Releases Real-Time Tech with Multiple Energy Applications
Yokogawa Electric Corporation is set to release FAST/TOOLS R10.02, the latest version of a web-based real-time operations management and visualisation software package that brings changes to real-time process information intelligence
The Tanker Market Sends Warning to Oil Giants
Four months into oil’s rebound from a six-year low, the tanker market is sending a clear signal that the rally is under threat.
South Africa Oil Firm PetroSA Suspends Three Top Executives
South Africa's state oil company PetroSA suspended three top executives over declining revenues, poor investments and a failed bid to enter the fuel retail market, the Business Newspaper reported on Thursday.
Nigeria’s Buhari Faces a Series of Challenges as President
Crippling fuel shortages, power cuts, slowing economic growth and Islamist militants wreaking havoc. Muhammadu Buhari is taking on a tough job when he’s sworn in as Nigeria’s president on Friday.
