Iraq To Cut Oil Product Imports By 25% As It Revamps Refineries
Iraq aims to reduce its oil product imports by 25 percent as it is seeking to refurbish and restart oil refineries after it expelled ISIS from its territory, Iraq’s Oil Continue Reading
Saudi Aramco international listing looks increasingly difficult
Saudi Arabia is increasingly looking to just float oil giant Saudi Aramco locally as plans for an initial public offering (IPO) on an international exchange such as London or New Continue Reading
Crown Prince’s Decision-Making Power Reaches Deep Into Companies
Saudi Arabia’s young crown prince has reached into the daily affairs of some of his country’s biggest companies, yanking popular soap operas off the air and disrupting construction on the Continue Reading
Libya’s Zawiya Terminal Struck By Labor Protests
A labor strike at the Zawiya oil port in Libya delayed operations on Monday, but oil trading sources that spoke to Reuters said negotiations to end the disruptions are ongoing. Continue Reading
Nigeria: Lessons From UK Court’s Judgment On Niger Delta Oil Spills
The recent judgment by the UK Appeal Court on the dispute between Shell and two Niger Delta communities underscores the need for people of the environmentally-polluted region to seek redress Continue Reading
Nigeria: NEITI – NNPC Yet to Explain Missing Billions
The Nigeria Extractive Industries Transparency Initiative (NEITI), the agency tasked with cleaning up Nigeria’s murky oil industry, has said even though financial accountability has improved, the Nigerian National Petroleum Corporation Continue Reading
Major contracts rolled out for offshore Azerbaijan
For at least $150 million, services company Subsea 7 will support BP operations off the coast of Azerbaijan in some of the largest oil and gas fields in the world. Continue Reading
Top Candidate Andres Manuel López Obrador Plots Big Shake Up for Mexico’s Oil Industry
The front-runner in July’s presidential election wants to upend Mexico’s newly-opened energy sector. Andres Manuel López Obrador, a leftist nationalist with a comfortable lead in the polls, has rattled investors Continue Reading
Oil majors’ interest in Argentina tests free-market reforms
Oil majors are evaluating bids for offshore exploration rights in Argentina, a major change in a country that sent Spanish energy giant Repsol ( REP.MC ) packing six years ago Continue Reading
India inaugurates mega solar project
French energy company ENGIE said Monday it was expanding its presence in the renewable energy sector in India, one of the world’s ffastest-growing economies. French President Emmanuel Macron met Monday Continue Reading