News / International

Vietnam To Build $2.5 B Oil Refinery in Kuwait

State owned PetroVietnam is expected to sign contracts to form a joint venture with Kuwait Petroleum International and Japan's Idemitsu Kosan Co. to build an oil refinery in northern Vietnam starting this April, a PetroVietnam official said.

Gazprom to Develop Addtl 3 Blocks of World’s Largest Gas Field

Gazprom is poised to begin development of possibly three blocks of Iran's South Pars, the world's largest gas condensate deposit, according to a news release issued by Gazprom.

Kuwait, Rabat agree to explore for oil in Morocco

Kuwait and Morocco, at the end of a joint oil and gas committee meeting, agreed to carry out oil exploration projects in Morocco.

Iran Starts Pumping Oil from Its Biggest Onshore Field

Iran has started pumping oil from its biggest onshore oilfield of Azadegan in the southwest of the country, a much delayed project that was originally to be developed with a Japanese partner.

DNO International Provides Update of Drilling Operations in Iraq and Yemen

Update of Drilling Operations

Qatar to sell 65.8% of oil services firm

Dubai: State-owned Qatar Petroleum said yesterday it would sell a 65.8 per cent stake in a new holding firm grouping three services firms in a 14-day initial public offering starting on February 28.

Enoc consortium to build Morocco oil storage plant

Horizon Tangiers Terminals (HTTL), part of the Horizon Group, is starting construction of a strategic bulk oil storage facility at Morocco's new Tangiers Mediterranean port.

Seven LNG ships to join RasGas fleet

Doha - RasGas plans to expand its fleet by adding more carriers to cope with the increasing demand for the liquefied natural gas from Qatar soon.

Venezuela oil firm PDVSA cuts supplies to ExxonMobil

Venezuela's state petroleum company PDVSA said Tuesday it suspended oil supplies to ExxonMobil in retaliation for the US energy giant's effort to freeze billions of dollars in global PDVSA assets.

Gulf Finance to build $3.8m Libyan energy hub

Bahraini Islamic investment bank Gulf Finance House yesterday signed a memorandum of understanding with Libya to build a $3.8 million economic zone for energy companies operating in the country, officials in Tripoli said.

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