News / International
Saudis Seen Giving Asia Smaller Oil Discounts on Signs of Demand
Saudi Arabia will probably offer smaller discounts to ship crude to Asia amid speculation demand will increase after benchmark prices dropped almost 50 percent last year.
Jordan Halts Talks on $15 Billion Deal for Israeli Gas
Jordan suspended talks to import natural gas from Israel from Noble (NBL) Energy Inc. and will sign an agreement with BG Group Plc to buy Gaza Strip gas.
Iran says Saudi Arabia should move to curb oil price fall
Falling world oil prices will hurt countries across the Middle East unless Saudi Arabia, the world's biggest crude exporter, takes action to reverse the slump, Iran's deputy foreign minister told Reuters.
Libyan Tanker Spills Crude After Collision Near Singapore
A Libyan crude tanker spilled some of its cargo off Singapore after colliding with another ship, adding to the North African country’s challenges as it contends with escalating violence and a collapsing domestic oil industry.
No leakage at oil installations- KOC
Kuwait Oil Company (KOC) on Tuesday emphatically denied rumours on social media sites about purported oil leakage at some installations. DNO Jumps Most in Month as New Wells Push Tawke Output to Record
DNO International ASA (DNO), a Norwegian oil producer focused on northern Iraq, gained the most in a month in Oslo after two new horizontal wells increased output at its Tawke field in the Kurdistan region of Iraq to a record. Baghdad, Erbil reach agreement over exporting oil, endorsing Budget
Baghdad (AIN) -The Central Government and Kurdistan Region have reached a compromise over exporting the oil and endorsing the Budget. Russia’s Lukoil hopeful of new gas deal in Saudi Empty Quarter
Russia's Lukoil is negotiating a deal with the world's top oil exporter Saudi Arabia to tap unconventional gas deposits in the kingdom's "Empty Quarter" desert region, the company's overseas unit said. 
