News / International

Omani Corruption Trail Leads to Switzerland

The Swiss attorney general’s office has confirmed that it is helping Oman investigate alleged corruption in the country’s national oil company and oil ministry

European Companies to Help With Saudi Gas Transformation

Two European companies, Spain's Tecnicas Reunidas and Britain's Petrofac, have been selected build the Fadhili gas plant in Saudi Arabia for Saudi Aramco

Sasol To Purchase Condensate in Mozambique

South Africa-based Sasol and its partners in Mozambique have signed an agreement with Petroleos de Mocambique (Petromoc) to purchase condensate from the latter.

Iraqi Debts Prompt Request for Oil Companies to Reduce Spending

Iraq has formally asked oil companies investing in the country to reduce their 2016 spending plans by September 30, citing lower oil prices and government revenue

Italy to Discuss Energy Business in North Africa

Italian Economic Development Minister Federica Guidi is in a business mission in North Africa where a series of institutional meetings are planned.

Nigeria Resumes Crude Exports to US

After flows of Nigerian crude to the US during past June and July were partly driven by high prices for domestic light sweet crudes, in September a few Nigerian cargoes were heading to US refineries.

Chinese Slowdown Catching Up with Angolan Crude Sales

West African crude trading slowed on Monday with Angola's October program nearly cleared out

SEPCO Contracts in Saudi Not Entirely a Done Deal

China’s Shandong Electric Power Construction Corp (SEPCO) will install two booster gas compressor stations for Aramco

Iraq’s Planned Export Push Depends on Basra Crude

According to Reuters Iraq is aiming to export a record volume of Basra crude from its southern terminals in October during the current price war being fought between Saudi Arabia, Kuwait, and Iran.

Iran Hopes to Stabilize Oil Prices in Face-Off with Saudi

According to Gulf News, Iran has projected average oil prices at $42 to $50 per barrel in a draft budget bill for the year to March 2017.

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