News / International
Altaaqa Natural Gas Power Plants Reach Camroon
Altaaqa Global’s temporary natural gas power plants, with a joint capacity of 50 MW, have been installed and commissioned at the Logbaba power plant site in Douala, Cameroon
Iran: Only a Good Nuke Deal Will Do
An Iranian nuclear negotiator says the Islamic Republic seeks a "good" deal with the P5+1 countries over Iran's nuclear program, stressing, however, that Tehran will not cave in to any excessive demands by the opposite side.
Turkey to Re-Link Italy and Russia Gas Plans
OAO Gazprom revived a deal with Saipem SpA to build a gas link through the Black Sea, which was suspended after Russian President Vladimir Putin scrapped the South Stream pipeline to Europe last year.
Albania to Accept Company Bids on Oil, Gas Exploration
May 18 Albania will offer companies interested in oil and gas exploration seven offshore and onshore blocks in June in a bidding process, officials said on Monday.
Russian Company Acquires Remaing Solimoins Oil, Gas Fields in Brazil’s Amazon River Basin
Russia’s Rosneft oil and gas company has acquired the remaining shares of Brazil’s Solimoins oil and gas fields in the Amazon River basin, Rosneft announced Monday in a statement.
Eastern Libyan State Oil Firm Selects Boards for Two Subsidiaries
A state oil firm controlled by Libya's internationally recognised government has appointed boards for two state-run oil subsidiaries, officials said on Monday.
Nigeria To Split Gas From Oil Leases to Increase Output
Nigeria, Africa’s biggest oil producer, plans to issue separate leases for gas assets in order to attract more investors to boost output of the fuel, the state-owned oil company said.
BP Scaling Back Iraq Operations as Government Payments Become Uncertain
BP has cut its development budget for Iraq's giant Rumaila oilfield by $1 billion this year after the government warned a slump in crude prices and its battle against Islamic State was making it difficult to pay oil companies.
