News / International
Green Grid Technologies Showcased at Saudi-GCC Conference
The 11th GCC-CIGRE International Conference was launched on Tuesday in Jeddah, Saudi Arabia, stretching from November 3-5.
Iran Upgrading Refineries, Petrochemicals for Post-Sanction Era
Talks have been held with Japanese and Korean firms to invest in Iran’s renovation and improvement of oil processing facilities, Abbas Kazemi, head of the National Iranian Oil Refining and Distribution Company, announced on Tuesday.
Oil Prices, Post-Sanction Iran Prompt GCC Maintenance Cost Cutting
Gulf oil producers are delaying some field maintenance until next year to keep production high and reduce costs, forecasting weaker oil prices in 2016.
BP Withdraws Appeal on Gulf of Mexico Oil Spill Payments
BP has withdrawn its legal appeal against a range of payments made to compensate individuals and businesses affected by the 2010 Gulf of Mexico oil spill.
BG Acquisition Still Good Sense, Despite Low Oil Price, says Shell
Royal Dutch Shell said on Tuesday that its planned acquisition of BG Group still makes financial sense, despite low oil prices, which analysts say are likely to continue for some time.
TransCanada Calls for More Time on Cross-border Pipeline
TransCanada, the company tasked with building a mammoth oil pipeline linking Canada and the United States, has asked the US government to postpone a final decision on whether the project will go ahead, apparently fearing a negative outcome.
Amnesty Slams Shell and Nigerian Authorities over Niger Delta Clean-up
Amnesty International has accused Royal Dutch Shell of making false claims concerning its spills clean-up in Nigeria, even citing a contractor who says the clean-up itself was a cover-up.
Egypt’s Sino Tharwa Wins Algerian Bid
Ahmed Anwar, Chairman of Sino Tharwa, has informed Egypt Oil & Gas that the company has tendered for and won an international bid round in Algeria.
