News / International

Dubai’s Kampac Oil to Invest Billions in Philippines Energy City

Kampac Oil, a Dubai-based oil and gas company, plans to double its investments in the Philippines to more than $10 billion, said a report.

Algeria Faces Leadership Vacuum Amid Oil Challenges

When Abdelaziz Bouteflika ran for a fourth term as Algeria’s president a year ago, the opposition cautioned that he would be too sick to govern.

Dubai Showcases Accredited-Oil Tech at Wetex 2015

Dubai Electricity and Water Authority (Dewa) is set highlight the services and mechanisms used in transformer oil tests at its ‘Transformer Oil Test Laboratory’ at a leading exhibition in Dubai, UAE this month.

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.

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