Energy Update
Uganda has entered into talks with South Korea's SK Engineering-led consortium for the development of crude oil refinery in the country, with an investment of $4bn.
DOHA, July 4 (Reuters) - The energy minister of Saudi
Arabia, the world's largest oil exporter, and the secretary
general of OPEC agree that the global oil market is heading
toward a balance and that prices are starting to settle,
according to comments carried by Saudi state news agency SPA.
AIX-EN-PROVENCE, France, July 3 (Reuters) - French and
international policymakers, business leaders and academics
gathered from Friday to Sunday in the southern French city of
Aix-en-Provence for an annual conference to discuss global
economic issues.
TRIPOLI, July 3 (Reuters) - Libya's state energy company
National Oil Corporation has agreed to merge with a rival
company established in the east by one of the country's two
former competing governments, the NOC said in a statement.
BELGRADE, July 3 (Reuters) - Serbia is performing a delicate
balancing act between its European aspirations, partnership with
NATO and its centuries-old religious, ethnic and political
alliance with Russia.
BELGRADE, July 3 (Reuters) - Serbia is performing a delicate
balancing act between its European aspirations, partnership with
NATO and its centuries-old religious, ethnic and political
alliance with Russia.
LAGOS, July 3 (Reuters) - The Niger Delta Avengers, a
militant group which has carried out a series of attacks on
Nigerian oil facilities in the last few months, on Sunday said
it had mounted five attacks in the southern energy hub since
Friday.
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