Special to WorldTribune.com NICOSIA — Iran has restored efforts for Western development of its largest natural gas field. Officials said the Iranian Oil Ministry was wooing Western energy majors to return to South Pars, the world’s largest gas field. They said the Iranian nuclear agreement signed with P5+1 has sparked renewed interest by Western contractors […]
Special to WorldTribune.com CAIRO — Libya, racked by militia violence, has again been informed of a delay in Western energy projects. France’s Total announced a delay in energy offshore exploration in Libya, planned for this month. Executives said the delay, attributed to technical difficulties, could last into September. “There are issues here, and one of […]
Special to WorldTribune.com ABU DHABI — The United Arab Emirates has launched the world’s largest solar power plant. Shams-1 was designed to generate 100 megawatts of solar power, which comprised 10 percent of global renewable energy. The $600 million facility, inaugurated on March 17 in Abu Dhabi, generated power through mirrors or lenses as part […]
Special to WorldTribune.com BAGHDAD — The autonomous region of Kurdistan, in defiance of Iraq, has decided to expand independent crude oil exports. A Western company said it would expand oil exports from Kurdistan in 2013. Genel Energy, dismissing the prospect of a lawsuit by the Baghdad government, said it would raise exports to 20,000 barrels […]
Special to WorldTribune.com LONDON — A Western energy major has suspended operations in Syria. France’s Total said it halted operations in Syria in wake of European Union sanctions on the regime of President Bashar Assad. The sanctions included that of Syria’s state-owned General Petroleum Corp., which owns 50 percent of Total’s partner in the Arab […]