News / International
Third International Gas Forum to Take Place in Iran
Iran is to host third summit meeting of the Gas Exporting Countries Forum (GECF) in the capital Tehran in late November.
Israel’s Offshore Gas Exports Face Possible Delays
Gas production at the Leviathan field offshore Israel is now expected to start in 2020, delayed from the latest estimate of early 2018
Jeddah Refinery Under Threat of Closure
State oil giant Saudi Aramco is considering whether to close its 90,000 b/d crude oil refinery in Jeddah after several years because of age and environmental concerns
Energy Conservation Campaign Launched in Oman
Nama Group has launched a conservation campaign through its social media as a first step to larger scale campaign which will continue to run till the end of August.
Kuwaiti Refinery Construction Put on Hold
The start-up of Kuwait's Al Zour crude oil refinery is expected to be delayed after rising construction costs forced state refiner Kuwait National Petroleum Co (KNPC) to seek more money to finance the plant
Jobs and GDP Rising in Saudi, UAE Despite Oil Prices
The UAE and Saudi Arabia continue to witness growth despite lower oil prices, a report said, noting that the UAE even recorded high levels of job creation during May, while Saudi Arabia’s output and new orders expanded.
Iran’s Second Major Offshore Purchase Amid Growing Foreign Investor Attention
Iran has bought an acid treatment vessel used to improve oil and gas productivity, for which the country relied on major energy companies.
Local Borrowing to Fund Saudi Deficit Prompted by Oil Prices, Experts Say
Saudi Arabia is likely to bridge its widening fiscal gap by resorting to domestic borrowing in the near future, according to economists and the International Monetary Fund (IMF).
