News / International
Iraq Investment Rating Daunts International Bond Plans
A source informed Bloomberg that the Iraqi government has mandated Citigroup Inc., Deutsche Bank AG, and JPMorgan Chase & Co. to organize meetings to help launch the country’s planned $6b international bond program, announced last month.
Iran Waiting for Mexico and Venezuela to Make OPEC Price Moves
Mexico is willing to work with OPEC if the group tries to stabilize crude markets amid a global supply glut and slide in prices, Iran’s Oil Minister Bijan Namdar Zanganeh said
South Sudan Struggling with Oil Revenues and Cooperation
South Sudan's parliament passed a budget for 2015/2016 on Tuesday
Huawei to Train Saudis in Oil and Gas ICT Solutions
Huawei--a global information and communications technology (ICT) solutions provider--has launched a new Joint Innovation Center (JIC) in Saudi Arabia together with Saudi Aramco and King Fahad University of Petroleum and Minerals (KFUPM)
ConocoPhillips Announces 10% Workforce Layoffs
Oil major ConocoPhillips announced that it would be cutting around 1,800 jobs, reported The Columbian.
North Sudan Announces Oil Partnership with Chinese Firms
China recently announced the signing of new oil contracts with North Sudan to expand the areas of the country under exploration, reported the Sudan Tribune. The new regions to be explored include Red Sea, Sinnar, and West Kordofan.
Saudi Solar Bids, Projects Run Up Against Bureaucratic Resistance,
Sources told Reuters that Saudi Arabia's plan to issue bids for its first solar power projects, announced in 2013, has been postponed.
Austria’s OMV Bringing IOR/EOR Technology to Iran
Austrian President Heinz Fischer arrived in Tehran on Monday at the head of leading business delegates to review potential trade relations with the Islamic republic
