News / International
Iran Expanding its Caspian Sea Oil & Gas Exploration
Iran says it will expand exploration activities in the Caspian Sea as part of plans to discover new oil and gas fields.
GE Signs Gas Service Contract with Abu Dhabi’s ADGAS
GE Oil & Gas has announced a long-term service agreement with ADGAS, the Abu Dhabi-based regional pioneer in liquefied natural gas (LNG) and liquefied petroleum gas (LPG) production
Eskom’s Chairman Steps Down Despite South African Power Crisis
Zola Tsotsi will leave his post as chairman of Eskom Holdings SOC Ltd., the state utility that’s struggling to keep South Africa supplied with power, after a dispute over the suspension of four managers including the chief executive officer.
Qatar to Build LNG Terminal, Fuel Stations in China with $5 Billion Investment
Qatar's Qatra for Investment & Development (QID Group) and Hamad Bin Suhaim Enterprises have signed an initial deal to acquire 49% of China's Shandong Dongming Petrochemical Group worth $5 billion
Big Oil on Shaky Ground Compared to Mining Industry
When the going gets tough, the tough want cash flow. In the resources sector, investors are more likely to find that in mining than in oil and gas.
Afghanistan Becomes Violent Theater for Energy Development
Clashes between Afghan forces and the Taliban have cut off the main supply of power to Afghanistan's Helmand and Kandahar provinces, according to residents and the chief of the national power company.
Total Completes Divestment of its Onshore Stake in Nigeria
Total has completed the divestment of its stake in onshore Oil Mining Lease (OML) 29 to Aiteo Eastern E&P, a Nigerian company, for USD 569m
Angola Is Among Biggest Losers of Low Oil Prices
Plunging oil prices have been an economic windfall for U.S. consumers, primarily through greater savings at the pump. In energy-reliant countries around the world like Angola, however, the effect has been far less beneficial.
