News / International
Total acquires further KRG block : report
Total has acquired an 80% stake in the Baranan production sharing contract in Iraqi Kurdistan, potentially raising further ire from Baghdad over its operations there. Cyprus Aims for LNG Facility Deal with US-Israeli Interests
The Cypriot cabinet approved on Wednesday plans to sign for a deal with a U.S.-Israeli partnership to build a liquefied natural gas plant on the island to exploit untapped energy riches. UAE Plans to Increase Crude Output
The United Arab Emirates (UAE) consists of seven emirates including Abu Dhabi, Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah and Umm al-Quwain. Frustrated with diplomacy, some in Congress seek total ban on Iran’s oil
After failing to halt Iran’s nuclear advances with harsh economic sanctions, a group of U.S. lawmakers and analysts is proposing a more drastic remedy: cutting off Iran entirely from world oil markets. OPEC oil output rises from lowest in over a year
OPEC crude oil output has rebounded in April from its lowest monthly level in more than a year due to the resolution of export disruptions in Iraq and Libya and a rise in Iranian sales, a Reuters survey found. Obama Seen Expanding Natural Gas Exports on Production Records
As the U.S. sets records for natural gas production, the specter of shortages and surging prices has been replaced by a debate over how much to sell overseas. The bounty has fueled speculation President Barack Obama is ready to expand exports. SAIPEM: New E&C Offshore contracts worth $500 million in Latin America
Saipem has been awarded new E&C Offshore contracts in Latin America for the total value of approximately $500 million. UAE targets up to 25% of energy from nuclear by 2021 – Oil minister
The United Arab Emirates is planning to get up to 25% of its power from nuclear energy by 2021 as it looks to reduce its domestic reliance on fossil fuels and ensure it has enough oil to export as its economy expands, the country's new energy minister said Monday. 
