News / International
Russia Expands Claims of Oil Resources in Arctic
Russian President Vladimir Putin recently stated that his country is laying claim to an additional 1.2m square km of territory in the Arctic, The BBC reported.
Uganda Moves to Start Oil Exploration in Virunga Region
The East African nation of Uganda opening up 6 blocks of land for oil exploration in the Virunga region, The Times reported.
Kenya’s Oil Ambition Held Back by Pipeline Troubles
Keyna's plans to become a major oil producer by 2017 have hit a technical snag in the form of a five year delay thanks to the planned crude oil pipeline connecting Uganda and local oil fields to Lamu,
Chinese Demands Jeopardize Joint Oil Projects with Iran, says Iran
Trouble seems to be brewing between China and Iran according to statements made by Iran's Deputy Petroleum Minister Abbas She’ri-Moqaddam
Indian PM in UAE to Enhance Energy Cooperation
Indian Prime Minister Narendra Modi arrived in the UAE yesterday
Kuwait Expanding Power Projects, Renewables, Amidst Oil Price Pressures
The Kuwaiti Finance Ministry has approved the construction of a series of projects worth $9.9 b including power plants and desalination facilities and other infrastructure projects
Venezuela Lays Claim to Guyana Oil Field
Venezuela is laying claim to massive oil and gas reserves recently discovered by Exxon Mobil off the coast of Guyana, reported the Chicago Tribune.
North Sea Shedding Assets, Employees
Oil and service companies operating in the North Sea are writing down assets and firing workers in an effort to lower production expenses, reported The Scotland Herald.
