News / International
Emirates Nuclear Status Attains Global Recognition
The chief executive of the Emirates Nuclear Energy Corporation (Enec), Mohammed Al Hammadi, has been appointed to the World Association of Nuclear Operators’ (Wano) Atlanta Centre (AC) governing board
East Libya Government to Hold Conference in Dubai for Oil Agreements
The internationally-recognized East Libyan government has announced that it will be hosting a conference in Dubai to sign new leases and production agreements, Reuters reported.
Russia Sells China its Stake in Kazakh Oil
Lukoil—the second largest oil producer in Russia—sold its stake in Kazakh oil company Caspian Investments Resources to China Petroleum & Chemical Corporation, reported UPI.
Saudi Forging Ahead with Industrial Projects Despite Stock Declines
United Arab Emirates stock markets slid in early trade on Sunday in response to further weakness in oil prices
Iran Utilizing Investments, Debts for Market Share Ambitions
“We will be raising our oil production at any cost and we have no other alternative,” said Oil Minister Bijan Namdar Zanganeh,
Algeria Trying to Move OPEC and Other Oil Producers to Control Prices
Informed sources told the Wall Street Journal that Algerian Oil Minister Salah Khebri had written to OPEC warning that a new drop in oil prices may warrant fresh discussions over the organization's strategy.
Iran Welcomes South Koreans, Has Mixed Feelings over US Firms
According to Reuters South Korean government and corporate officials are visiting Iran to take advantage of the full removal of sanctions.
Circle Oil Renews Contracts for Tunisian Field
Irish oil producer Circle Oil recently renewed its contract for a Tunisian concession, The Irish Times reported. The renewed permit gives Circle drilling and exploration rights within the El Mediouni structure, and covers an area of about 3,000 km.
