News / International
Oil Majors, Petrobras Skip Brazil Bid Round
Major oil companies like Shell, BP, and Total failed to submit bids for new blocks in Brazil’s most recent auction yesterday, reported Bloomberg.
Kenya Faces Dry Wells, Maritime Disputes
Tower Resources and Premier Oil issued a notice to withdraw from block 2B located in the Anza basin, northern Kenya
Canadian Oil Sands Rejects Takeover Bid
Canadian Oil Sands, a major force in the oilsands business in several Canadian provinces, has rejected an unsolicited offer to buy it out, reported CBC News.
First Ever Commercial Scale Solar-EOR Project Developed in Oman
GlassPoint Solar Inc will shortly begin work on the 1-GW Miraah solar thermal park in Oman
Oman Preparing for Tough Round of Subsidy Cuts
Gulf News was able to learn that the Sultanate of Oman will cut fuel subsidies beginning next year.
Iraqi Oil Company Hires Third Party Inspection Firm
Intertek has won a multi-year third party inspection procurement contract for the South Oil Company (SOC) in Iraq, a national Iraqi company responsible for all the oil and gas projects in southern Iraq
Nigerian President Relies on Oil Officials in Fight Against Corruption
Nigerian President Muhammadu Buhari is packing his new cabinet with figures from the oil industry
Iran, Armenia Expanding Gas and Electricity Exchanges
Alireza Kameli, Managing director of the National Iranian Gas Export Company (NIGEC), announced that his country is ready to increase natural gas exports to Armenia
