News / International
Tehran to Ink Gas Oil Export Deal with Iraq
Iran and Iraq are expected to sign an agreement for export of 2m tons of gas oil to Iraq, which will turn the neighboring country into largest buyer of the Iranian oil product.
Iran, Norway Plan to Build Floating LNG Facility in Persian Gulf
Iran and Norway plan to build a floating facility for liquefied natural gas in the Persian Gulf with a help of an yet unidentified Norwegian company.
Iran, Total to Finalize Petchem Deal in April
Iran expects to finalize a deal with the French energy giant Total over the development of a major petrochemical project in the near future.
Oman Records 166% Rise in Petrol Production
Oman recorded a 166% year-on-year increase in the production of regular petrol 90 and super petrol 95 during the first two months of 2016, according to the latest data released by the National Center for Statistics and Information.
BP Faces Shareholders Criticism Over CEO’s 20% Pay Rise
BP Chief Executive Bob Dudley is facing a shareholder rebellion against his 20% pay rise for 2015 — the same year that the oil company reported its worst ever annual loss of $6.5b.
Nigeria Striving to Make Up for Budget Shortfalls
Nigeria might use money set aside for funding joint venture projects with foreign and local oil firms to make up any shortfall in the 2016 budget if government revenue projections are not met, Finance Minister, Kemi Adeosun, said.
Algeria Sees Surge in Gas Exports to Europe in Q2
Algeria has seen an unexpected surge in pipeline gas exports to Italy and Spain at the start of Q2 of 2016.
Iran to Boost Crude Exports to India
Tehran is hoping to increase its crude oil exports to India from the current 350,000b/d, Iranian Oil Minister, Bijan Zanganeh, was quoted as saying after meeting his Indian counterpart, Dharmendra Pradhan.
