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Aramco IPO delayed again
Buzzard oilfield suffers shutdowns
Premier strikes gas in North Sea
Argentina awards exploration licence for block in West Malvinas Basin
Argentina’s government said last week that it had awarded an exploration licence for an offshore block in the West Malvinas Basin, to a consortium formed by Argentinian, Italian and Japanese companies.
Brazil’s ANP authorises four more companies to bid for pre-salt fields
Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) has added four more international oil companies (IOCs) to its list of businesses eligible to participate in the next pre-salt bidding round.
Gunvor, Swiss prosecutors strike settlement deal on African corruption case
Gunvor, one of the world’s largest crude oil trading companies, has settled a criminal case in Switzerland regarding its activities in Cote d’Ivoire and the Republic of Congo.
Central Asia’s electricity network – underpowered and fragmented
Power planners were left with major headaches when the demise of the Soviet Union caused all Central Asian Power System (CAPS) member states to scramble to remake their grids along national lines. However, pan-region ideas are now back in fashion.
Bulgaria launches 11km gas pipeline stretch of Balkan Stream
Russian petrochemical giant Sibur produces first polyethylene from its own feedstock at ZapSibNeftekhim
After the ramp-up to its full capacity, the ZapSibNeftekhim petrochemical facility will manufacture 1.5 mt of polyethylene per year, making it Russia’s largest polymer production facility.
Iraq receives another four-month sanctions waiver
Sudan, Ethiopia agree to build joint oil pipeline
The governments of Sudan and Ethiopia are reportedly planning to work together to build a crude oil pipeline capable of serving both countries.
Rosneft builds base in Arctic
Rosneft has won subsoil rights to a new oil and gas block in the north of the Krasnoyarsk region, consolidating its position in the Arctic.
Sylva: Nigeria does not expect full recovery of $62bn claims against investors
Nigeria does not expect to recover all of the $62bn in claims it has lodged against oil companies.
ADNOC signs Ghasha deal, signals downstream intent
Socar’s drilling unit opens rep office in Turkish capital
Angola hopes reforms will help boost oil production, attract investment
Jose Massano, the governor of Angola’s Central Bank, hopes the government’s plans for economic reform will facilitate efforts to privatise key state-owned enterprises, including a stake in the national oil company (NOC), Sonangol.
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