Chinese investments in the oil and gas industry of Nigeria have reached $16 billion, according to a senior official at the Nigerian National Petroleum Corporation, but the industry needs even more to advance its production growth agenda.
Vanguard quotes NNPC’s Group Managing Director Malla Mele...
Governments need to do more to invest in clean water, the chief executive of a non-profit organization urged, with unsafe drinking water posing a risk to populations.
More investment will also lead to economic advantages, pointed out Scott Harrison, chief executive officer and founder at charity...
Oman’s first wind farm, the 50-MW Dhofar Wind Farm, has produced its first kilowatt hour of electricity, marking a major milestone for the (Persian) Gulf Cooperation Council region’s first utility-scale wind farm.
The wind farm was successfully connected to Oman’s electricity transmission grid...
An Oregon State University study, published in the journal Scientific Reports, has found that if less than 1% of agricultural land was converted to solar panels, it would be sufficient to fulfill the global electric energy demand.
The concept of co-developing the same area of land for both...
India’s imports of crude oil have stalled in recent months, but the malaise in the country’s energy sector is deeper, with both coal and liquefied natural gas (LNG) also soft.
India, Asia’s second-biggest crude importer behind China, brought in 3.99 million barrels per day in July, according to...
Oil, gas and petrochemical projects, valued at more than $859 billion, are either underway or planned in the Middle East and North Africa, MENA, of which $283 billion are being implemented, as the region gets ready to meet the forecast increases in demand for energy over the next two decades....
Oil prices fell on Monday amid worries about an economic slowdown and the US-China trade war, which have led to a cut in the outlook for global oil demand.
International benchmark Brent crude futures were at $58.16 a barrel, down 37 cents from their previous settlement, Reuters reported.
WTI...
Two Turkish drill ships are continuing operations in the eastern Mediterranean and another ship will join them this month, Energy Minister Fatih Donmez said, as a dispute over natural resources there fuels tensions between Turkey and Cyprus.
EU members Cyprus and Turkey have argued for years...
The International Energy Agency cut its global oil demand growth forecasts for this year and next on Friday, citing fears of an economic downturn as the US-China trade war casts a shadow over markets.
The energy agency now expects oil demand growth to reach 1.1 million barrels per day in 2019...
Iraq is close to reaching a deal with oil majors BP and Eni for an export pipeline project that was initially planned as part of a mega-deal with US energy giant ExxonMobil, according to five senior Iraqi oil officials involved in the negotiations.
Under the proposed $400 million agreement,...