News / International

Oil Leak Under Control in Kuwait Refinery

Kuwaiti National Petroleum Company (KNPC) announced on Saturday that a leak had been discovered in a water treatment unit tank at its Mina Abdullah refinery

Faulty Pipes Responsible for PetroRabigh Plant Shutdown

Saudi Arabia's PetroRabigh shut down a hydrogen-producing facility on May 29 due to faulty pipes, the company said on Sunday.

Iran: Pirate Attacks Rising but Oil Still Safe

Pirate attacks targeting commercial shipping, including oil cargo, have sharply increased, Managing Director of National Iranian Tanker Company (NITC) Ali Akbar Shafa’ie has said.

Iran Public Sector to Expand PetroChems for Post-Sanctions Era

An Iranian deputy minister of petroleum says the country’s petrochemical production capacity will reach 180 million tonnes in next 10 years despite international sanctions imposed on Iran's energy and financial sectors.

Bahrain Petroleum Company Puts Safety First

Bahrain Petroleum Company (Bapco) conducted a safety 'stand down' procedure over its entire spectrum of operations in the presence of staff and contractor employees, explaining various safety procedures.

Eni CEO Denies Problems in Nigeria

Italian oil company Eni is not experiencing any major production problems in Nigeria, the CEO said on Thursday.

Egypt to Build $6m Solar Power Plants for Congo

The Egyptian government plans to establish two solar power plants, worth $6m, in the Democratic Republic of the Congo with a capacity of 2 MW, in the framework of Egypt’s commitment to help Congo in its development process.

Eni Talks on Mozambique Sale

Talks between Eni and suitors including Chinese state utility Huadian for a stake of around 15 percent in the Italian oil major's prized Mozambique gas field are dragging on due to differences over price, industry and banking sources said.

Iraq Forum Debates Fixing Oil Policy Priorities

Even without the conflict, planning and delivery have been haphazard at best

Somalia Risks Paying 90% Oil Revenue to Explorer Under Draft Deal

Soma Oil & Gas Holdings Ltd., chaired by former U.K. Conservative Party leader Michael Howard, has proposed a deal with the Somali government that may grant it as much as 90 percent of the country’s prospective oil revenue.

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