News / International
Abu Dhabi Exports, Investments Feel Pinch of Oil Prices
Fabulously wealthy Abu Dhabi is tightening its belt as low oil prices slash its export revenues
Nuclear Reactors to be Delivered to UAE as Regional Competition Heats Up
Westinghouse Electric opens Abu Dhabi office to work with Enec
Debt and Payments Scheme Agreed between Iran and China
Iran and China have agreed on a new arrangement for crude oil payments under which Beijing will reimburse part of the money owed to Tehran in cash,
Iraqi Quantity and Quality Balancing Act
Iraq, OPEC’s second-biggest oil producer, is set to increase exports after starting a new grade of crude to quell customer complaints about the quality of its oil.
Abundance in Supply as OPEC Outputs Rise Causes Oil Prices to Fall
Crude oil prices dipped in early Asian trading on Monday as rising OPEC output and an expectation that the group would keep production high added to sentiment that the market remained over supplied despite ongoing falls in U.S. rig operations.
Global Surplus of Oil Causes Build Up in Atlantic Basin
A shadowy build up of oil has intensified in the Atlantic Basin with homeless cargoes of crude turning into unintentional floating storage - another sign the global surplus has some way to go before clearing.
European Oil, Gas Companies Seek UN Approval on Global Warming Policy
Six of Europe’s largest oil and gas companies have banded together for the first time to ask the UN to let them help devise a plan to stop global warming.
OPEC Becomes an Ally for US Amid Changing Times
The Obama administration has found an unlikely ally in its efforts to keep pushing more biofuel into the nation's gasoline supply: OPEC.
