News / International
National Oil Sector Helping Sponsor ‘Omanization’ Job Fair
Oman Oil Refineries and Petroleum Industries Company (Orpic) is set to tap into local talent for employment prospects at an upcoming job fair as lead sponsor.
Petsec Energy to Acquire Yemen Blocks
Petsec Energy has executed an agreement with Oil Search Limited to acquire all the shares of its subsidiary Oil Search (ROY) Limited which holds a 34% participating interest in Block 7, Al Barqa Permit, in the Republic of Yemen, and is the designated operator of the block
Iran to Meet Iraq Power Shortages with Gas Pipeline
Iran has moved closer to starting crucial natural gas exports to Iraq.
Mexican Energy Sector Opens up for Geology Data Firms
The opening of Mexico’s energy sector to private and foreign companies is drawing dozens of geological-data firms that plan to crisscross the Gulf of Mexico and onshore areas in search petroleum riches that went undiscovered during the eight-decade monopoly of Petróleos Mexicanos.
Russian Relations with In-Debt Greece Expand to Gas
Greece is poised to sign a gas deal with Russia as early as Tuesday which could bring 3-5 billion euros into depleted government coffers
China’s POLY-GCL to start gas in Ethiopia
Ethiopia expects Chinese firm POLY-GCL Petroleum Group Holdings Ltd to begin drilling for natural gas in development blocks in the southeast by June or July, the mines minister said.
Eskom Expands Rolling Blackouts
South African power utility Eskom expanded rolling blackouts for a second straight day to the "Stage Three" level on Wednesday, meaning it needs to cut 4,000 megawatts from household and industrial consumers to prevent a grid collapse.
Enel Considers Selling of Assets in Europe and Africa
Italy's biggest utility Enel SpA is looking to sell its assets in Europe and Africa to raise as much as 1 billion euros ($1.07 billion) as its growth slows amid weak demand in Italy and Spain, Bloomberg reported, citing people familiar with the matter.
