News / International
Acwa Power in $400 million Dubai Solar Power Project
Saudi Arabia's Acwa Power is obtaining a loan of about $344 million from three banks to finance a solar energy project in Dubai, chief executive Paddy Padmanathan said on Sunday.
Eni Finalizes Oil Development Agreements with the Republic of Congo
Eni today confirms its historical commitment in Congo with the signature of two agreements at Palazzo Chigi, underwritten by Eni’s CEO Claudio Descalzi in the presence of the President of the Republic of Congo, Denis Sassou N’Guesso, and of the Italian Prime Minister, Matteo Renzi.
APR Enegy Renews 106 MW of Contracts in Sub-Saharan Africa
APR Energy (LSE: APR.L) has signed 106 MW of contract extensions in Sub-Saharan Africa, including an extension on its 40 MW Morro Bento power contract in Angola, taking its term into early 2016.
Angola Aims for 2 mil b/d Crude Output by 2016
Angola hopes to achieve its long-held crude production target of 2 million b/d by the beginning of 2016, state oil company Sonangol said Friday.
Disputed Kurdish Tanker Tracked to Ashkelon
An oil tanker from Iraqi Kurdistan that was blocked for months from unloading in Texas by a Baghdad legal challenge has sailed back to the Mediterranean and delivered its cargo to Israel, according to trading sources and ship-tracking data.
Shell’s Qatar Plant for 2-Month ‘Turnaround’ Maintenance
Royal Dutch Shell has entered planned maintenance in February 2015 at the Pearl gas-to-liquids (GTL) plant, in Qatar.
Chatham House: Oil Prices Threaten GCC ‘Political-Economic Bargain’
Cuts in public spending, the widespread introduction of taxation and rising levels of unemployment are set to hit Bahrain over the coming decade, said a report citing the UK-based international think tank Chatham House.
Iran to Fuel Iraq’s Kurdish Power Stations
Iran has signed a memorandum of understanding with Iraq’s Kurdistan to export gas and gasoline to the semi-autonomous region.
