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Mobil, Agip, Chevron lead in Nigeria’s gas flaring chart
US companies, ExxonMobil and Chevron, together with Italy’s Agip led Nigeria’s gas flaring chart in the month of February, according to the latest edition of Monthly Petroleum Information published by the Nigerian Nation Petroleum Corporation (NNPC) | Sweetcrude
Political Instability Blocks Nepal’s Hydropower Potential as Daily Power Outages Continue
Nepal has the second-largest water supply in the world, yet it uses less than 1 percent of its hydropower potential | Global Press Institute
GE Oil & Gas, Rosneft, to Pursue Russian Energy Opportunities
GE, Rosneft sign MOU to jointly evaluate & develop opportunities in oil & gas exploration & production in the Russian Federation | Marine Link
Brent rises on Iran tension
Brent crude climbed above $98 per barrel on Tuesday as escalating tensions between Iran and the west offset concerns that gloomy manufacturing data from China, the US and Europe will hurt oil demand | Upstream Online
With PIB, Nigeria set for stability in oil sector
NIGERIA might be heading for unprecedented stability in its oil and gas sector, with the passage of its much-anticipated oil industry law, known, at the current stage, as the Petroleum Industry Bill (PIB) | Sweetcrude
World Bank supports hydropower plant in Pakistan
Karachi—The Multilateral Investment Guarantee Agency (MIGA), the political risk insurance arm of the World Bank Group, has announced to support a hydropower plant in Pakistan, according to a statement issued by the World Bank | Pakistan Observer
The Obama administration said a key part of the spending was $30 million in federal funding being made available to quicken the development of biofuels to replace diesel and jet fuel consumed by the military, the commercial aviation and shipping sectors | Marine Link
Angola state oil group plans output rise
Sonangol, the Angolan state oil group that has amassed assets from Iraq to Cuba, is aiming to raise fivefold its production as an operator | Financial Times
Total confirms big gas find in Azerbaijan
Total, the French oil group, confirmed it had discovered huge reserves of natural gas in the Caspian Sea, underscoring Azerbaijan’s status as a potentially key source of future gas supplies to Europe | Financial Times
Heritage Oil reveals $850m acquisition in Nigeria
Heritage Oil has reached an agreement to acquire a 45 percent interest in OML 30 fields to expand its footprint in Africa | African Business Review
Mongolia Pushes Russia, China to Re-Route Planned Gas Line
Mongolia is calling upon China and Russia to re-direct a planned natural-gas pipeline across its territory as the world’s fastest growing economy seeks to tap the cleaner-burning fuel | BloombergBusinessweek
Nigeria: House Committee on Gas commends SPDC investments in gas sector
The House of Representatives Committee on Gas visited The Shell Petroleum Development Company of Nigeria Ltd (SPDC) on June 28, and commended the company’s investments in the gas sector, on inspection of some projects in continuation of its oversight function | SweetCrude
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