Portuguese-owned factory will be able to extract more than 10,000 tonnes of oil annually, making up for shortage caused by war in Ukraine.
Lusofonia
Vast wealth of Greater Sunrise undersea fields, estimated at US$71 billion, vital to financial future of impoverished island nation.
Short-term tourism and business visa’s validity extended to 90 days; five-year temporary residence visa granted for investments over US$50 million.
China National Offshore Oil Corporation and China National Oil & Gas Exploration & Development eye 11 areas up for bidding.
Project will increase the energy capacity provided from 8.4 to 34 megawatts, benefiting thousands of residents.
Network in poor state following suspension of foreign aid in wake of US$2 billion loan scandal involving Finance Minister, Manuel Chang.
African republic suffering from severe water shortages which have led to famine in some provinces and have killed thousands of cattle.
Company has created a new energy technologies division, concentrating on strategic planning and research and development.
Chief Executive Ho Iat Seng says accord will provide fresh opportunities arising from Belt and Road Initiative.