News / International

UAE Key Stabilizer in Future Oil Markets

"The UAE played a key role in the political stability of this region and the UAE will play ... a key role in the stability of the market," the UAE oil minister Suhail al-Mazrouei was quoted as saying.

Oman Maintaining Gas Ambitions with BP and Iran

"Activity in Abu Dhabi is still as it was; Oman activity for us is increasing this year. We see the Middle East contracting market as a little bit different than in the rest of the world, where it is much more cut-throat," BP Middle East President Michael Townshend said.

Emirates Celebrates Nuclear Graduates

The Emirates Nuclear Energy Corporation (Enec) celebrated the graduation of 64 students who have successfully completed specialised courses in nuclear energy from various institutions in the UAE and abroad.

Iran’s Unveiling of New Contract Model Draws Executive Attention

The Iran Petroleum Contract (IPC) was given the go-ahead by the government for implementation.

SABIC Wins Academic Recognition for Programs

A learning initiative, jointly designed by Saudi Basic Industries Corp (Sabic) and US-based Penn State University’s Smeal College of Business, for the benefit of Sabic employees, has been recognised by the Chief Learning Officer magazine.

Gas Golden Age to Usher in Iranian Exports to Europe

Mohammad Hossein Adeli, Secretary General of the Gas Exporting Countries Forum (GECF), declared that the world was entering the “Golden Age of Gas” thanks to “the world’s abundant natural gas resources, from both conventional and unconventional sources”.

Adgas Expanding Gas Facilities on Schedule

Abu Dhabi Gas Liquefaction (Adgas) said it expects to complete expansion of its natural gas processing facilities by mid-2018 to help meet rising local demand.

Oil Prices Force Taqa to Shift Gears

Abu Dhabi National Energy Company (Taqa) posted a net loss in the third-quarter as revenues were hit by weak oil prices.

Australia Invites Saudi Investment in Green Energy

The Australian government has announced its invitation for Saudi Arabia and other oil-rich states to invest in Australian green energy initiatives. The Financial Times quotes Greg Hunt, Australia’s Minister of Environment, as saying that the move is a “significant change in tone on renewable energy” for the government of Australia.

UK’s Seeking Buyer for Natural Gas Network

National Grid, the UK natural gas and electricity network operator, is seeking to sell the majority stake in its domestic gas-distribution business, the Wall Street Journal reports.

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