News / International
Iran Prefers 50-100 Megawatt Nuclear Reactors
Iran’s nuclear chief Ali-Akbar Salehi has announced that the country is looking into the development of small reactors.
Viking Onshore MOU with Zion Oil and Gas
Zion Oil & Gas has entered into a memorandum of understanding (MOU) with Viking Services for a land-based oil and gas rig with deep drilling capacity and certain other oilfield services and crew for exploration activities within Zion’s Megiddo-Jezreel License area in Israel.
Russia Reafirms Interest in Iran Nuclear Talks
A senior Russian official has dismissed Western media reports about Russia's view on a final deal between Iran and the P5+1 group of world powers, saying Moscow has not lost interest in achieving a positive result from negotiations on Iran's nuclear deal.
Saudi Oil Selling Price Rise for Asian Market in Works
Top oil exporter Saudi Arabia is expected to raise the official selling price (OSP) for most of its crude grades to Asia in April, including a hike in the OSP for Arab Light to a four-month top, in line with a stronger Dubai market.
Iran Methanol Mega Plant to Rival US Shale Gas
Iran is building the world’s largest methanol plant which the country is touting as a rival to US shale gas.
Egbin To Invest $180 Million in Nigerian Power Facility
Egbin Power Plc, operator of Nigeria’s largest electricity generation plant, plans to upgrade the aging facility and seek more gas to boost output, Chief Executive Officer Mike Uzoigwe said.
Libya To Boost Production to 180,000 b/d From Sarir, Messla Fields
Libya aims to boost production at the southeastern Sarir and Messla oilfields feeding the Hariga terminal to 180,000 barrels a day, a spokesman for the state operator said on Wednesday.
Nigeria Slashes Forecasts for Oil Price, Currency for This Year
Nigeria on Wednesday cut its forecast for oil prices and the value of its currency this year, an acknowledgment of the pain tumbling energy costs are inflicting on Africa’s top crude producer.
