Mubadala Shelves Cespa IPO Plans
Abu Dhabi's state-owned Mubadala Investment Company has halted plans to list 25% of Spanish oil company Cepsa after investors were not convinced by its valuation.
Spain | Egypt Oil & Gas - Part 2
Mubadala to List 25% Cepsa Stake
Abu Dhabi’s investment company Mubadala plans to list 25% of Spanish oil company Cepsa, of which it owns 82.5%, in an initial public offering (IPO).
Algeria to Build New Pipeline by 2020: Sonatrach
Sonatrach will invest $280 million to build a gas pipeline that will link to two existing pipelines between Spain and North Africa.
Algeria Pens Gas Supply Deals with Spain, Italy
Algerian state-owned firm Sonatrach has signed gas supply deals with Spain and Italy’s Eni.
Gas Natural Fenosa Extends Sonatrach Gas Deal to 2030
Spain’s Gas Natural Fenosa has signed an agreement with Algeria’s Sonatrach that will extend their gas purchase contracts until 2030.
Iran Sells First Cargo of West Karoun Crude to Repsol
Iran has sold its first cargo of West Karoun crude oil to Repsol.
Spain to Invest in Egypt’s Solar Energy Sector
Spain is planning to pump new investments into Egypt to produce solar cells in the coming period, Egyptian Minister of Trade Tarek Qabil announced.
Algeria Resumed LNG Exports from Skikda
Algeria’s Skikda liquified natural gas (LNG) export plant has come back on stream .
Nigeria Exported 42% of Crude to India, Spain, Netherlands
Nigeria sold 42% of its total annual crude oil exports, which amounted to 320m barrels, to India, Spain and, the Netherlands, from June 2015 to May 2016.
