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DMEA: Luberef profits jump
AfrOil: BP postpones first gas at GTA
Future without load shedding possible for South Africa, Eskom board chairperson says
Other than saying it was possible to envision an end to outages plaguing South Africa, Eskom's board chairman remained vague when questioned about timelines for key developments at the troubled utility.
MEOG: Arabian Drilling picks up rig deal
ADNOC to acquire stake in Azerbaijan’s Absheron gas field
The Abu Dhabi National Oil Co. (ADNOC) this week agreed a deal to buy into its first international upstream project, through the acquisition of a 30% stake in Azerbaijan’s offshore Absheron gas field.
AfrElec: Closure of South Africa’s Koeberg NPP unit has cost the economy $6.7bn in 18 months
US discussed ‘creative ways’ to help get rare earths out of Mongolia
Surrounded by China and Russia, landlocked country is in a delicate geopolitical position.
OMV Petrom hires Saipem to build Neptun Deep offshore infrastructure for €1.6bn
Neptun Deep is Romania's biggest Black Sea offshore natural gas project, with total investments expected at €4bn.
Russia’s budget back inside the 2% of GDP target after revenues surge in June
Russia’s budget went back into profit in May with a negligible gain, but in June revenues surged to a RUB815bn ($8.7bn) monthly surplus. That has shaved almost RUB1 trillion off the cumulative deficit and put it back inside the 2% of GDP target.
Iran’s IRGC naval wargame kicks off near disputed Persian Gulf islands
Iran’s Islamic Revolutionary Guard Corps (IRGC-N) naval forces are conducting exercises near three disputed islands in the Persian Gulf under the wargame title “Shahid (Martyr) Eshaq Dara.”
South Africa's NECSA agrees to cooperate with Russian nuclear fuel company TVEL
TVEL provides consumed nuclear fuel for Russian and international nuclear power plants (NPPs). One of every six nuclear reactors in the world operates on fuel manufactured by the ROSATOM unit.
Niger coup threatens Nigeria-Morocco 30bcm gas pipeline project
A $13bn project to build a gas pipeline connecting giant gas fields in Nigeria to Europe is threatened by the recent coup d'état in Niger.
ISTANBUL BLOG: Ordinary Turks take economic beating as media voices insist on positivity on country’s ‘new’ direction
Nagging questions such as what is the policy rate doing at 17.5% when the inflation forecast is 70% are largely ignored.
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