News / International
GPIC to Sponsor Bahrain Air Show
The Gulf Petrochemical Industries Company (GPIC) has signed up as the silver sponsor of the Bahrain International Air Show (BIAS) 2016.
Saudi Fertilizer Profits Fluctuate with Prices
Saudi Arabia Fertilizers Co (SAFCO) posted a 6.7% drop in its second-quarter net profit on Sunday, although the earnings still beat analysts' forecasts.
Genel Still Awaiting More of Owned Money from Iraq Kurds
Genel Energy has put all exploration work on hold for this year to rein in costs, the London-listed oil producer said waits nearly $400 million in oil sales payments from the Kurdistan Regional Government (KRG).
Nigerian Oil Crisis Takes a Toll on Bureaucrats
It’s been five months since Johnson Umeadi and his wife, Adaku, received their salaries as government workers in southeastern Nigeria.
China Constructing New Platform in East China Sea
China has been constructing a new offshore platform near the median line between its shoreline and that of Japan in the East China Sea, where China is developing gas fields, according to the Japanese government.
Chinese Crude Imports Rebound
China’s crude imports rebounded last month to near a record as the world’s second-largest oil consumer began filling tanks at a new strategic petroleum reserve site.
Russia May Bailout Greece on Energy Needs
According to a report in Russian state-run media outlet Sputnik News, Russia is nearing an agreement to make "direct deliveries" of energy to Greece.
US to Continue Cooperative with Azerbaijan on Southern Gas Corridor
Being a strategic partner and friend of Azerbaijan, the US will continue cooperating on the Southern Gas Corridor project and other projects to be implemented in the future, Special Envoy and Coordinator for International Energy Affairs at the US Department of State Amos Hochstein told reporters July 11.
