News / International
Algeria’s Q1 Oil and Gas Output Decreases 6 Percent
Algeria's oil and natural gas output fell by 6 percent in the first quarter of 2015 from a year earlier despite an increase in investment, state radio reported on Wednesday citing the energy ministry.
Nigeria’s Total Debt Rises to 12.1 Trillion Naira
Nigeria's total debt rose to 12.1 trillion naira ($60.8 billion) as of March 2015, up from 11.2 trillion naira at the end of December 2014, the Debt Management Office (DMO) said.
After Fracking Denial, Cameron Hopes Unconventional Gas an Option for UK
On Monday, the council of Lancashire, located in northwestern England, rejected the British fracking company Cuadrilla's plans to develop a new fracking site in Little Plumpton.
Uganda shortlists 17 firms for bidding on exploration blocks
The Ugandan government said on Wednesday it had shortlisted 17 oil companies to bid for six exploration blocks in the east African nation, which has found commercial quantities of oil and aims to pump crude in 2018.
Russia Vows European Supply Not Affected by Failed Ukraine Agreement
Russia and Ukraine failed to reach an agreement on the flow of natural gas between the two countries, effectively cutting off Russian supply to Ukraine starting Wednesday. However, Russia said that the supply to Europe would not be affected.
Shell Fined for Diesel Leak on North Sea Platform
Oil giant Shell has been fined thousands of pounds after a diesel leak on board a North Sea platform.
Venezuela Oil Refinery Faces Challenges
At Amuay, this oil-rich country’s largest refinery, workers say they risk toxic-gas exposure as they wait for Petróleos de Venezuela SA, the state energy giant, to replace rusted pumps and corroded pipelines, a process that is taking years.
Brazil Debates Laws on Subsalt Oil Development
Brazilian senators on Wednesday debated alternatives to a 2010 law that requires state-run oil firm Petrobras to take a minimum 30 percent stake in new development contracts and function as operator in Brazil's subsalt oil areas.
