News / International
Long-Term Cyclical Economics Favor Arab Oil Producers, Experts
Low production costs for Middle East companies offer regional players significant competitive advantage in the low price segment of an oil ‘super cycle’, a report said.
Oman Making Safety Records in Power Sector
Al Ghubra Power and Desalination Company (GPDCO), a part of Nama Group, has achieved a record of five million safe man hours during 1,884 working days,
OPEC Siding with Saudi Over Oil Price War
When Saudi Arabia argues next week that OPEC should keep up production to fight the rise in U.S. shale oil, prices will be on its side.
Russian Auctions Tycoon Moving into Solar Power
Billionaire Viktor Vekselberg is out to prove that solar has a place in Russia, the world’s largest exporter of oil and gas.
Nigeria and it’s Oil Paradigm
As petroleum minister during the 1970s oil boom, Muhammadu Buhari set up the Nigerian National Petroleum Corporation. It is an accident of history that the same man, elected president in March, could now be compelled to dismantle the state oil company he helped create.
Chevron Wants to Share $1 Billion in South Africa Refinery Updates
South Africa, which sets gasoline prices that fuel producers can charge, needs to ensure companies can recover the cost of upgrading their facilities to handle cleaner fuels, Chevron Corp.’s local unit said.
Nigerian Oil Union Stops Halliburton Operation Due to Job Cuts
Nigeria's main oil union has shut down the local operations of U.S. oilfield services provider Halliburton Co in protest against job cuts, the trade body said on Tuesday.
Brazil Oil Group Hopes Regulatory Changes Will Boost Exploration
Brazil's national oil-industry association, IBP, released a list of suggestions for regulatory changes on Monday that it hopes will boost exploration activity in the wake of falling oil prices, high costs, delays and a graft scandal at state-run oil company Petrobras.
