News / International
Venezuela Succeeds in Calls for OPEC Meeting
The Organization of Oil Producing Countries—OPEC—will hold a technical meeting on October 21st, France 24 reported.
Shell Asks Nigerian Oil Exporters to Sign Guarantee
Royal Dutch Shell has asked ship owners exporting its Nigerian oil to sign a “letter of comfort” to guarantee that its oil is not stolen.
Algeria Postpones Major Bid Round, Oil Prices Blamed
A senior Algerian energy official told Reuters that his country had cancelled a planned bid round for oil and gas exploration rights, due to low oil prices.
SABIC Optimizing for Global PetroChem Competitiveness
Sabic announced it is undertaking a global transformation aimed at creating a more agile, cost-efficient, and customer-focused organisation that meets their needs more effectively
Syrian Air War Disturbs Turkish-Russian Energy Cooperation
Turkish President Tayyip Erdogan warned Russia on October 8 that there were other places his country could get natural gas and other countries that could build its first nuclear plant
BP Oman Renews Commitment to Promoting SMEs
BP Oman and Sharakah have renewed their contract to help develop and upgrade the capabilities of small and medium-sized enterprises (SMEs)
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
