News / International

Iran Expanding its International LPG Ambitions

Iran is hoping to ramp up its sales of liquefied petroleum gas (LPG) after doubling the country’s fleet of carriers for shipment of the fuel to the international market

Kuwait’s 5-Year Plan to Sustain Non-Oil Growth

Kuwait’s non-oil growth will maintain a steady 5% in 2015 and 2016 as project implementation improves

Mergers a Key Tool in Abu Dhabi’s Debt Alleviation Plans

Abu Dhabi may merge its national energy company into another state-owned business to make the company's crippling debts more manageable and try to turn around its performance

Asian Crude Buyers on Knife Edge Over Iran Nuke Deal

Asian imports of Iranian crude rose to the highest level this year in May, although buyers may have to curb any further increases if negotiators up against a deadline fail to reach a final deal on Tehran's disputed nuclear programme.

New York State Bans Fracking Due to Environmental, Health Concerns

New York State has officially banned the use of hydraulic fracturing to extract natural gas, citing its potential impact on health and the environment.

Russia Proposes Keeping Ukraine Gas Prices Unchanged

Russia proposes keeping the gas price for Ukraine unchanged in the third quarter, Prime Minister Dmitry Medvedev said on Monday, a day before Russia's energy minister goes to Vienna for gas talks.

The Energy Sector Undermines National Security and Development in Mozambique

Political stability and absence of violence in Mozambique are in their lowest levels in two decades. And while Mozambique's economy remains one of the most dynamic on the continent it is unclear how its main development driver - extractive sector, propelled by a boost in coal exports - will impact income inequality and the prospectives of future development in the country.

Australia’s New Standard Energy Exits US Amid Downturn

Another casualty of the downturn in oil prices: Australia's New Standard Energy Ltd. is exiting the U.S.

US Rejects Appeals on 2010 Oil Spill

Justices let stand a lower court ruling that said the owners of the blown-out Macondo well could not avoid federal fines for the spill by blaming another company's failed equipment.

Argentina’s Plan to Seize Assets of Falklands Oil Drillers Criticised by the UK

Britain on Monday accused Argentina of a politically motivated and illegal attack on the nascent oil industry around the disputed Falkland Islands, after Buenos Aires said it would seek to seize the assets of drillers operating in region.

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