News / International
India, Iran to Boost Bilateral Energy Ties
Iran and India are preparing to strike new energy deals and boost bilateral ties by settling India's $6b debt to Tehran.
Norway To Ramp Up Gas Production Capacity
Norway will allow increased production from its biggest natural gas field as Europe’s second-largest supplier of the fuel prepares for increased competition with Russia and the US.
TransCanada Shuts Down Keystone Pipeline over Oil Leak
After raising $3.37b in the largest equity offering in Canada, TransCanada Corporation (USA) announced shutting down parts of its Keystone pipeline for a week, as threat of a possible oil leak in South Dakota looms.
Omani Firms Venturing as Upstream E&P Operators
Omani firms are increasingly venturing into upstream oil and gas exploration and production (E&P) sector as operators, long regarded as the exclusive preserve of international players, a senior official at the Ministry of Oil&Gas informed.
Russian Oil Output Hits Record, Oil Freeze in Doubt
Russia’s oil output set a post-Soviet high in March as the success of a proposed crude production freeze between OPEC members and other major producers appeared to be in doubt.
Illicit Waste Disposal Probes Unlikely to Harm Eni’s Earnings
The shutdown of Europe’s largest onshore oil field in Italy over alleged illicit waste disposal at a nearby treatment plant will probably only have a “negligible” effect on Eni earnings.
African Oil Tycoons, Businessmen Listed in Panama Papers
The Angolan minister, a Congolese politician, a Nigerian governor and the nephew of South Africa’s President, all of them with ties to oil money are some of the Africans among those implicated in the so-called Panama Papers leak.
Iran’s Oil Exports Surpass 2mb/d
Iran's oil exports have surpassed 2mb/d following the lifting of sanctions, Oil Minister Bijan Zanganeh said. According to released data, Iran’s overall crude output now stands at 3.2mb/d, the highest level since May 2012.
