News / International
ISIS Attacks Northern Iraqi Energy Plants
Islamic State militants launched an assault on two energy facilities in Northern Iraq bringing a major oil pumping station to halt.
Nigerian Militants Blast Shell Oil Pipeline
Nigerian militants blew up a crude pipeline operated by Anglo-Dutch oil giant Shell in the south region of Odimodi community, in the Delta state.
Japan to Invest $10b in Iran
Japan and Iran have signed a bilateral agreement for $10b debt guarantee investments in various sectors in the country, after Tokyo lifted trade sanctions against Tehran.
Tunisia Records 8% Fall in Oil Production
The Tunisian Ministry of Energy and Mining has revealed that oil production dropped by 8.6% to 9.48m barrels, while that of natural gas dropped from 12.8% to slightly over 1.2mcm.
Libya’s NOC Signs Agreement to Reopen Oil Ports
The Libyan UN-backed authorities have reached an agreement with the Petroleum Facilities Guards (PFG), an armed brigade monitoring the two main oil ports Ras Lanuf and Es Sider, to bring an end to a blockade and restart crude exports.
OPEC Oil Output to Reach Record High in July
The Organization of the Petroleum Exporting Countries' (OPEC) oil output is likely to reach its record in July. Supply from OPEC has risen to 33.41mb/d in July.
Exxon, Petrochina to Develop Iraq’s Oil Fields
ExxonMobil and Petrochina are in talks with the Iraqi government about possible solutions to boost crude production at the Nahran Oman and Artawi fields, said Iraqi Deputy Oil Minister, Fayyad Al-Nima.
Spain’s Gas Group to Comply with 2020 Strategy
Spain’s largest gas and LNG group, Gas Natural Fenosa (GNF) has announced that it will continue to show resilience to the international gas surplus until the rest of the year and that it could witness a trivial improvement in the gas margin after a rather turbulent period. This will allow the company to comply with the targets outlined in its 2020 strategy.
