Nigeria signs deal with oil companies to clear unpaid bills
Emmanuel Ibe Kachikwu Nigeria will clear unpaid bills for production joint ventures piled up over many years under a deal signed on Thursday with Shell, Chevron, Total, Eni and Exxon…
Emmanuel Ibe Kachikwu Nigeria will clear unpaid bills for production joint ventures piled up over many years under a deal signed on Thursday with Shell, Chevron, Total, Eni and Exxon…
Oil prices surged to their highest level since mid-2015 on Monday after the world’s top crude producers agreed to the first joint output cut since 2001, sparking concerns about inflation…
FILE – In this photo taken June 30, 2016, a Ugandan worker levels the ground at a solar plant in Soroti about 300 kilometers east of Uganda capital Kampala. Uganda…
The Israeli partners in the Leviathan gas field said on Dec. 12 they approved a development plan for the field with a target production date for the end of 2019.…
AP photo Iran signed a $16.6 billion deal for 80 Boeing passenger jets on Dec. 11 and was said to be close to another for dozens of Airbus planes to…
Tunisia”s Prime Minister Youssef Chahed Tunisia’s parliament on Saturday approved a 32.7 billion dinar ($14.1 billion) budget for next year, including deficit cutting measures that had been watered down under…
Greek Prime Minister Alexis Tsipras delivers a speech during a parliamentary session before a budget vote in Athens, Greece, December 10, 2016. REUTERS photo Greek lawmakers approved the country’s 2017…
A flag with the Organisation of the Petroleum Exporting Countries (OPEC) logo is seen before a news conference at OPEC’s headquarters in Vienna, Austria OPEC and non-OPEC producers on Saturday…
Russia said late on Dec. 7 it sold a stake in oil giant Rosneft for 10.5 billion euros ($11.3 billion) to Qatar and commodities trader Glencore, confounding expectations that the…
AP photo Iran plans to revalue its rial tenfold and revert to the currency’s old name, the toman, according to a bill approved on Dec. 7 by President Hassan Rouhani’s…