News / International
Israel Still Struggling to Produce Gas from Mediterranean
Despite promising signs, Israel is still struggling to produce large amounts of natural gas from its Mediterranean fields, says Reuters.
Eastern Libya Government Appoints New Oil Minister, Plans to Open Ports
The Libyan government in Tripoli recently announced the appointment of a new head for the National Oil Company (NOC), reported Bloomberg.
Iran and Azerbaijan to Take Advantage of Sanctions Removal
Amir Hossein Zamaninia, Iran's deputy oil minister for international affairs and trade, announced that his country and the Republic of Azerbaijan plan to expand their cooperation in oil and gas sectors
Kurds Share Oil Wealth with IOCs to Get Around Baghdad’s Strictures
International oil companies (IOCs) working in Iraqi Kurdistan will now receive monthly payments beginning September for the crude they produce and export,
Qatar Between Rival Gas Powers, Iran and US
Qatar’s Foreign Minister Khalid Al Attiyah said on Tuesday that a “serious dialogue” with Iran was called for to solve several outlying challenges in the region, reported Gulf News.
Nigeria Losing Billions of Dollars Due to Oil Corruption
Nigeria, Africa’s largest oil producer, is losing billions of dollars a year due to corruption and inefficiency reported Forbes.
Halliburton Faces More Questioning Over Acquisition of Baker Hughes
Oil services giant Halliburton is facing more questioning from the US Justice Department over the potential acquisition of rival Baker Hughes, reported the Houston Chronicle.
Bill Introduced to Open Up Additional Gulf of Mexico Area to Drilling
The US Senate voted on a bill to allow additional oil drilling off the Florida coast, lifting a former moratorium on drilling within 50 miles of the coast, reported ABC News.
