News / International
Oman Shipping Names Low Carbon Emission Tankers
Oman Shipping Company has organised an event to name two medium range (MR) tankers for petroleum products.
Dana Gas Making Cutbacks After $9m Oil Prices Loses
The UAE’s Dana Gas reported third quarter gross revenue of $93m as compared to $174m and an overall net loss of $9m.
Oil Ministers of Egypt, Jordan, Iraq Sign MoU
Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, Jordanian Minister of Petroleum and Mineral Resources, Ibrahim Saif, and the Iraqi Oil Minister, Adel Abdul Mahd, signed a memorandum of understanding in Amman to support cooperation in the oil and natural gas fields between the three countries, reports Egypt Oil & Gas.
Libya, Fire at Two Oil Storage Tanks at Abu Tifl Field
Two oil storage tanks at the Abu Tifl field, south east of Jalu and some 300 kilometres south of Benghazi, were badly damaged in a fire.
Italian Eni May Develop Renewables in Algeria
Eni's Chief Executive Officer Claudio Descalzi offered to build clean energy in Algeria during a meeting with the Algerian Prime Minister Abdelmalek Sellal along with the energy minister and head of Sonatrach Group.
Mauritania: Kosmos Energy Discovers Gas Reservoir
Kosmos Energy’s oil search in Mauritania led to the discovery of an offshore gas reservoir in a well located 60km north of the Tortue-1 gas discovery that opened the basin.
Uganda, Kenya Joint Pipeline to be Better Option
East Africa’s race to export its first oil will eventually be a tie between neighbors Kenya and Uganda because both need to share a pipeline rather than compete for different routes.
Oil Companies Call for PSAs, Contract Incentives in Iraq
International oil companies could boost production in Iraq beyond current targets if production contracts were changed to give more incentives for investment, according to BP Plc and Royal Dutch Shell Plc.
