The International Islamic Trade Finance Corporation (ITFC) has signed a syndicated murabaha financing agreement for US$100mn with the State Trading Organisation (STO), a government owned company in the Republic of Maldives
Source: African Review
ITFC finances US0mn to boost Maldives energy sector
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Indonesia’s ’embattled’ exploration and production sector is in ‘dire’ need of additional investment, according to BMI Research.
Source: Offshore
Indonesia's Upstream Sector in 'Dire' Need of Additional Investment
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Oil climbed approached $62 a barrel for the first time in three years.
Source: Offshore
Oil Surges Past Shale-Drilling Tipping Point as Glut Shrinks
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Argo Consulting’s Alan Free discusses where the silver lining may be for oil and gas in 2018.
Source: Offshore
Oil, Gas Outlook: M&A, Asset Development Key to Future Growth
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Beijing’s crackdown on pollution has put China on track to overtake Japan this year as the world’s biggest importer of natural gas.
Source: Offshore
China Set To Top Japan As World's Biggest Natural Gas Importer
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Maersk Drilling secures 4 year contract for the Maersk Venturer deepwater drillship.
Source: Offshore
Maersk Drilling Secures 4-Year Contract with Tullow Ghana for Drillship
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Royal Dutch Shell plc completes the sale of the first phase of its Hong Kong and Macau LPG marketing business to DCC LPG.
Source: Offshore
Shell Progresses Hong Kong, Macau LPG Business Sale
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Israel’s Oil Refineries receives government approval to build a 135 megawatt natural gas-fueled power station to replace an old coal-fired plant.
Source: Offshore
Israel's Oil Refineries To Build 135 MW Natural Gas Power Plant
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Green Dragon Gas Ltd changes its name.
Source: Offshore
Coal Bed Methane Producer Changes Name
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Nigeria’s electricity grid has been shut down by a fire on a gas pipeline.
Source: Offshore
Nigerian Power Grid Shut Down By Gas Pipeline Fire
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