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Company Address

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Kilbride Industrial Estate
Arklow, Co Wicklow, Ireland

Tel: +353 402 30793
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Web: www.petrolworld.com
Skype: petrolworld

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Africa & Middle East

Mozambique Approves Investment for Ethanol Plant

Friday, 18 July 2008
Mozambique has approved a $280 million project to produce ethanol from sugar cane, a cabinet spokesman said this week.
Full Story...
 

Tanzania: New $35m Gas Plant to Assist Fuel Crisis

Thursday, 17 July 2008
The Tanzanian government will spend $35m-dollars to set up a natural gas project in Dar es Salaam to solve the country's fuel crisis. The natural gas project is scheduled to take off early next year.
Full Story...
 

Engen Buys Shell's Interest in Zimbabwe & Lesotho

Tuesday, 15 July 2008
Following its acquisition of Shell Petroleum Company¹s downstream petroleum business in Gabon, South Africa¹s Engen Petroleum Ltd. has announced that it will  be buying up Shell¹s downstream business interests in Lesotho and Zimbabwe.
Full Story...
 

Iran Signs Deal with Gazprom

Monday, 14 July 2008
Iran and Gazprom have signed an agreement that would see the Russian energy giant assist Iran  develop its oil and gas fields, the Iranian oil ministry's news agency reported.
Full Story...
 

UAE: Diesel Queue Congestions at Service Stations

Friday, 11 July 2008
A report by the traffic and patrols department of Abu Dhabi Police reports that the lure of cheaper diesel at Abu Dhabi National Oil Company (Adnoc) service stations – Dh10 (US$2.72) a gallon cheaper than at stations north of the emirate – is causing congestion on busy streets and leading to accidents.
Full Story...
 

Israel: Oil Refineries Ltd Acquires Major Stake in Mercury

Thursday, 10 July 2008
Oil Refineries Ltd. has acquired 31.25 percent of Mercury Aviation (Israel) Ltd for NIS 2.7 million. Mercury Aviation refuels planes at Ben Gurion Airport under a franchise with the Israel Airports Authority that expires in 2012.
Full Story...
 

Kenya: Essar Remains in Contention for KPRL Stake

Wednesday, 09 July 2008
Essar Oil remains in a position to acquire a 50% stake in Kenya Petroleum Refineries (KPRL), according to the Kenyan government.
Full Story...
 

South Africa: Another Country that Sees Pre Payment as Solution

Tuesday, 08 July 2008
Increasing crime has prompted petrol station owners, fed up with motorists filling up and then driving off without paying, to look at demanding payment before they fill up.
Full Story...
 

Zimbabwe: Shell to End Operations

Monday, 07 July 2008
Shell was considering halting operations in Zimbabwe  with claims that President Robert Mugabe was reserving the distribution of fuel at petrol stations  for party members.
Full Story...
 

South Africa: PetroSA Seeks Engineering Partner

Friday, 04 July 2008
National oil company PetroSA is looking to appoint a strategic engineering partner to manage the various project phases of its new 400 000-barrel a day fuel refinery at Coega, in the Eastern Cape.
Full Story...
 
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