The World Bank announced a grant of US$30mn fund for the construction of a complex in Nairobi in Kenya, which will consist of four office blocks covering 35,000 sq m area, a 500-seater auditorium and a service building
Source: African Review
World Bank to fund construction of USmn complex in Kenya
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Petrofac says Oman’s Duqm Refinery and Petrochemical Industries awarded a $2 billion contract to the British oilfield services company’s 50:50 joint venture with Samsung Engineering.
Source: Offshore
Petrofac JV Awarded B Refinery Contract In Oman
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The main US energy regulator can get back to the business of approving multibillion-dollar natural gas pipelines after the Senate moved to fill two of four vacancies at the long-crippled agency.
Source: Offshore
US Energy Agency to Take on Billion Backlog as Senate Acts
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The global oil industry now appears to be in the early stages of a cyclical expansion which is likely to see prices rise over the next few years, slowly at first but then accelerating later.
Source: Offshore
Kemp: Macroeconomic Risks For The Oil Industry
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You won’t hear climate coming from Keystone XL foes as they argue against TransCanada’s push to get the final state approval needed to build the pipeline.
Source: Offshore
Keystone Foes Duck Climate in Red State Oil Pipeline Battle
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Petronas’ decision to cancel its Pacific NorthWest LNG project is a blow to the growth outlook for Canada’s largest shale play.
Source: Offshore
Canceled LNG Project Casts Shadow Over Canada's Biggest Shale Play
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Shell is considering expanding the capacity of one of its German refineries to make oil products that meet an upcoming cap on the sulphur content of fuels used in shipping.
Source: Offshore
Shell Mulls German Refinery Upgrade To Meet 2020 IMO Sulphur Rules
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Indian Oil Corp will spend $2.4 billion to increase capacity at its refinery in western India by about a third .
Source: Offshore
Indian Oil Plans .4B Expansion Of Gujarat Refinery
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South Africa’s 108,000 barrel-a-day Natref refinery, operated by Sasol and Total will reach full output this weekend.
Source: Offshore
Natref Refinery To Reach Full Output This Weekend After Disruption
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The commercial connections between financiers, enterprises and emerging economies. Economic correspondent Moin Siddiqi reports
Source: African Review
Foreign direct investment in African economies within global financial markets
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