News / International

China Investing in Iran in Anti-Sanctions Effort

China's state oil giants are set to start pumping a combined 160,000 b/d at two projects in southwestern Iran from around October, company sources said, contributing to Tehran's plan to boost output ahead of sanctions being lifted.

Moves to Compensate Kuwait over Saudi Oilfield Closure

Kuwait has said the continued closure of the Khafji oilfield it shares with Saudi Arabia will create huge losses Riyadh must compensate for in future,

ENOC’s M&A Strategy After Fuel Price Reforms

Dubai's Emirates National Oil Co (ENOC) plans to expand in the region after the United Arab Emirates deregulated fuel prices, lifting financial pressure on the company,

Ghana Economy Reels from Low Oil Prices

Oil has gone from savior to curse for Ghana.

Shell Posts Weak Q2 Profit, Plans to Cut Jobs

European oil giant Royal Dutch Shell Thursday reported a sharp fall in its profit for the second quarter, hit by the plunge in oil and gas prices.

Iran Gas Exports to Turkey Survive Possible Attack

An Iranian gas industry official says Iran will resume exporting gas to Turkey after a short disruption in the gas flow due to a suspected sabotage attack, which hit Iran-Turkey gas pipeline on Turkish soil.

Israel and Cyprus Pursue Hydrocarbons for Peace

Israeli Prime Minister Benjamin Netanyahu and Cypriot President Nicos Anastasiades are looking into seeking into tap into the potential of natural gas in the sea bed beneath both countries.

UAE’s Empower Showcased at Vienna Energy Forum

Emirates Central Cooling Systems Corporation (Empower), a leading district cooling service provider, has showcased its standing as a key player in advocating the use of district cooling technology as an alternative to conventional cooling solutions at the recently concluded conferences.

Oman’s Amal Solar Project Ties in With Oil Recovery

Oman’s plans to set up the world’s largest solar plant at its Amal field has prompted interest from Solarlite CSP Technology, a report said.

Bapco Refinery Department Wins Chevron Certificate

Bahrain Petroleum Company’s (Bapco) Technical Services Department (TSD) Refinery Laboratory has been awarded a Certificate of Merit by Chevron Global Lubricants as part of a worldwide crosscheck testing programme

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