News / International
Iran Targeting US Market for Petrochemicals, Following Nuke Deal
Iran has worked out a “special plan” for exports of petrochemical products to the US, secretary of the Association of Petrochemical Industry Corporations (AIPC) Ahmad Mahdavi said on Monday
Iran’s $2.3 Bn Gas Detour to European Maretplace
Iranian companies signed a $2.3 billion agreement on Monday to build 1,300 kilometers of pipeline which the country sees as its most important conduit for future gas exports to Europe.
GPIC to Sponsor Bahrain Air Show
The Gulf Petrochemical Industries Company (GPIC) has signed up as the silver sponsor of the Bahrain International Air Show (BIAS) 2016.
Saudi Fertilizer Profits Fluctuate with Prices
Saudi Arabia Fertilizers Co (SAFCO) posted a 6.7% drop in its second-quarter net profit on Sunday, although the earnings still beat analysts' forecasts.
Genel Still Awaiting More of Owned Money from Iraq Kurds
Genel Energy has put all exploration work on hold for this year to rein in costs, the London-listed oil producer said waits nearly $400 million in oil sales payments from the Kurdistan Regional Government (KRG).
Nigerian Oil Crisis Takes a Toll on Bureaucrats
It’s been five months since Johnson Umeadi and his wife, Adaku, received their salaries as government workers in southeastern Nigeria.
China Constructing New Platform in East China Sea
China has been constructing a new offshore platform near the median line between its shoreline and that of Japan in the East China Sea, where China is developing gas fields, according to the Japanese government.
Chinese Crude Imports Rebound
China’s crude imports rebounded last month to near a record as the world’s second-largest oil consumer began filling tanks at a new strategic petroleum reserve site.
