News / International
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.
Ethiopia to Develop Gas Reserves, Begin Exports by 2017
Ethiopia expects to start producing and exporting natural gas from under-developed reserves in its southeast by 2017, Prime Minister Hailemariam Desalegn said on Friday.
Speculators Caught Between Energy Glut and Yemen Violence
Speculators were the least bullish on crude in two years before prices surged as Saudi Arabia and its allies bombed rebels in Yemen, threatening supply disruptions in the largest oil-producing region.
Debry of New York Gas Explosion Now Includes Two Dead
Two bodies were found on Sunday at the site of a gas explosion that destroyed three New York City apartment buildings last week, injuring 22 people, and officials were working to determine if they were those of two men unaccounted for, police said.
Iran Vociferously Denies it Intends to Store Its Uranium in Russia
A senior Iranian nuclear negotiator categorically rejected an AP report on the transfer of Iran's enriched uranium stockpile to Russia under an imminent deal between Tehran and the six world powers.
Foreign Oil Companies Weighing Up Post-Sanction Iran Prospects
Outside the boardroom of BP Plc’s headquarters on London’s swanky St. James’s Square, a display case houses the geological data from Masjid-i-Solaiman, Iran’s first oil well.
