News / International
Oil Prices Slow Down Saudi Oilfield Expansion
Saudi Arabia is moving ahead with the expansion of its giant Khurais oilfield but the project would move slower than originally planned because of budgetary reasons.
Iran Drills New Wells, Moves into LNG Carrier Construction
Iran’s South Yaran Oilfield plans to drill 22 wells by March 2016 said Mohammadreza Takayedi, deputy head of National Iranian Drilling Company (NIDC).
Oil Prices a Threat to GCC, Kuwait Experts Say
Two Kuwaiti oil experts – Mohammad Al-Shatti and Amer Al-Tamimi – urged the GCC countries to put plans and take reform measures to face falling oil prices.
Siemens in $1.1b Energy Commitment to Bolivia
German industrial group Siemens has signed a long-term memorandum of understanding (MoU) with Bolivia worth over $1.1b.
Apache Narrowly Escapes Takeover Bid
Oil and gas company Apache Corp has rejected a takeover approach from an unidentified party.
Angola Seeks Collaboration on Oil, Gas with Nigeria
The government of Angola has called on the Nigerian business community to take advantage of investment opportunities that abound in their country.
Tehran Exhibition Invites the World to Partner in Power
Iran has launched the 15th edition of its International Electricity Exhibition.
Greens Celebrate as US Kills Keystone XL Pipeline Project
The United States government has finally rejected the controversial Keystone XL pipeline project, which was intended to ship crude oil from the Alberta oil sands of Canada down to the southern coast of the US.
