News / International

Kuwait Calls on Oil Production Freeze

The Kuwait's Deputy Foreign Minister stressed the importance of reaching a consensus among oil producing countries and he said that "There is no choice but to freeze production".

ISIS Launches Assault on Natural Gas Plant in Baghdad

ISIS Militant launch assault on natural gas plant in northern Baghdad, killing at least 11 people and wounding more than a doze,

Iraq Faces Oil Projects Delay As Firms Resist Spending Cuts

International oil firms have warned Iraq that projects to increase its crude output will be delayed if the government insists on drastic spending cuts this year

Bahrain Launches $738m Power Grid Project

Bahrain’s Prime Minister launched a $738m power grid development project, aimed to upgrade the energy infrastructure with a new high-voltage power transmission network.

UN De-lists Libyan Oil Tanker from Blacklist

United Nations Security Council removed “Dista Ameya” oil tanker from a UN Blacklist in response to the Libyan UN mission's request.

Ukraine Ready to Allow Foreign Companies to Export Gas

The Minister of Energy and Coal Industry of Ukraine said that the country is ready to make its underground gas storage facilities available to foreign companies, including Turkish ones, for its further transportation to the EU.

Azerbaijan Seeks To Buy More Russian Gas

Azerbaijan's state oil company SOCAR has put forward a proposal to Russia's Gazprom for purchasing 3 to 5bcm of gas a year, SOCAR President Rovnag Abdullayev told reporters.

US Sets Rule to Cut Methane From Oil, Gas

The Obama administration issued a final rule to sharply cut methane emissions from US oil and gas production, a key part of a push by President Barack Obama to reduce methane emissions by nearly half over the next decade.

Tanzania, Uganda to Accelerate Oil Pipeline Project

Tanzania has agreed with Uganda to accelerate the implementation of a crude oil pipeline project between the two east African nations, and award the construction contract to multiple contractors.

South Africa to Split Oil, Gas Laws from Mining

South Africa is planning a new law that will separate parts of its oil and gas rules from legislation governing the mining industry.

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