News / International
German company awarded Iran-Pakistan gas pipeline contract
Islamabad - Pakistan has issued tender for the laying of Iran-Pakistan (IP) gas pipeline in its territory to a German company, Secretary Petroleum was quoted as saying on Sunday. Iran, South Africa to circumvent sanctions in oil trade
Iran and South Africa held talks in Tehran on Saturday to explore ways to circumvent the western sanctions on oil trade with the Islamic Republic, Mehr news agency reported. Obama calls for Congress to vote on oil subsidies
A day after Republicans signaled possible compromise with the White House on energy issues, President Barack Obama called Thursday for Congress to vote in the coming weeks on ending billions of dollars in subsidies for the oil industry. South Sudan Accuses Sudan of Bombing Oil Fields
Newly independent South Sudan says that its former civil war foe Sudan has bombed its oil fields. The new nation recently shut down oil production on which both countries are financially reliant, in a dispute over oil transit fees through the north. Baker Hughes Opens Unconventional Resources Research and Technology Center in Dhahran
The Baker Hughes Dhahran Research and Technology Center opens its doors today with a focus on research and development of new technologies to unlock the potential of unconventional resources. BP Set to Gain as Gulf Spill Settlement Lifts ‘Dark Clou’
BP Plc is poised to gain at least 5 percent this week after a $7.8 billion settlement with victims of the worst U.S. oil spill, an analyst survey showed. ADX Completes Testing Preps for Sidi Dhaher Well
ADX Energy Limited is pleased to announce that preparations for testing of Sidi Dhaher have now been completed. Nabucco talks on Tanap merger
Talks will take place on Tuesday over a proposed merger between the Trans Anatolian New Pipeline (Tapan) and the Nabucco gas pipeline, a report claimed. 
