News / International
Despite Downturn, Saudi Arabia Still Bullish on Energy
The Saudi oil minister, Ali al-Naimi, was quoted by Reuters as saying on Friday that his country is continuing with its investments in the oil and gas industry as well as solar energy despite the current drop in oil prices.
Bahrain Subsidies Hit by Oil Prices
Bahrain more than doubled the prices of beef and chicken, removing meat subsidies to save money as low oil prices squeeze government's revenues
Former Nigerian Oil Minister Aprehended in UK
Relatives of the former Nigerian oil minister, Diezani Alison-Madueke, have confirmed that she had been apprehended in London
Iran’s Cabinet Approves “Draft” of New Model Petroleum Contract
Iran's cabinet has approved a draft of the yet to be released international oil and gas contract model, reported Reuters, citing the Oil Ministry's Shana news agency on Wednesday.
Nigeria’s President Says He Will Not Appoint an Oil Minister
The President of Nigeria, Muhammadu Buhari, will not appoint a new minister of Petroleum, stated Reuters.
Soma Oil Fights UN Moratorium Plans as British Forces Head to Somalia
Soma Oil and Gas Holdings Ltd. has asked the British government to help block a UN proposal for a moratorium on oil deals in Somalia,
Yemen Refinery Resumes Operations as Conflict Brews
Yemen's 150,000 b/d Aden refinery resumed operations after being shut for more than five months
Oil and Renewables at Top of UAE-Japan Agenda
The United Arab Emirates is open to meeting any demand for oil from Japan, announced the UAE Minister of Economy Sultan bin Saeed al-Mansouri
