Nigeria will share $2.1 billion to federal, state and local governments to reduce a growing backlog of debts and restructure short-term loans as Africa's biggest oil producer suffers declining revenues, the presidency said on Tuesday.
China's ambassador to Sudan, Li Lian, says Beijing will increase its investments in the East African country's oil industry and support its program to increase oil production.
China's energy regulator has released new draft guidelines for projects that convert coal to oil or gas, aiming to commit the sector to the strictest possible environmental standards, it said on Tuesday.
Turkmenistan, irked by falling natural gas exports to Russia, hit out at Moscow's gas export monopoly Gazprom on Wednesday, saying the energy giant had not paid for gas purchased from the Central Asian country so far this year.
A federal judge refused on Tuesday to dismiss a lawsuit that environmental groups filed against a New Orleans-based company responsible for a decade-old oil leak in the Gulf of Mexico.
Lawmakers are set to probe a federal agency’s oversight of U.S. pipelines after a crude spill near the southern California coast highlighted the government’s delays implementing congressionally mandated safeguards.
The Greek government’s hunger for cash has stripped the state-run gas company of most of its reserves, raising doubts about how long the country can pay for imports.