News / International
Oil steadies above $70 as cyclone hits Oman
Oil steadied above $70 a barrel yesterday as a powerful cyclone hit Oman and briefly disrupted exports from the Gulf energy producer. TransGlobe announces Yemen successes
TransGlobe Energy Corp. reported two successful oil wells at Godah #5 and Osaylan #3 in the Republic of Yemen. Shell’s Nigeria shuts in production due to a second attack
Royal Dutch Shell said 150,000 barrels per day (bpd) of oil production was halted by villagers who sabotaged a major export pipeline in Nigeria for the second time this month. Turkey, Iran agree to expand energy cooperation
Turkey and Iran agreed in principle to expand their electricity trade and build dams and power stations, said Turkish Energy Minister Hilmi Guler. Pioneer makes fourth discovery on Jenein Nord Block in Tunisia
Pioneer Natural Resources has made its fourth discovery on its operated Jenein Nord Block (50% interest assuming ETAP participation) in Tunisia. Multiple productive zones were tested in the Shaheen #1 well with gross rates totaling approximately 8,000 barrels of oil equivalent per day (BOEPD). BP to sign $900 million exploration deal in Libya
UK oil giant BP PLC is to sign a US$900-million oil and gas exploration deal in Libya with the North African country's state-owned National Oil Corp, said Shokri Ghanem, head of the Libyan National Oil Corp. (NOC). TQAQ buys Canada’s Northrock for $2billion
Abu Dhabi National Energy Company (TAQA) announced the purchase of a Canadian oil and gas exploration firm, Northrock Resources Limited, for $2 billion. DME completes sale of 30% stake to Oman
The Dubai Mercantile Exchange (DME) yesterday said it has concluded a transaction with Oman Investment Fund (OIF) to sell a 30 per cent equity stake in the exchange. 
