News / International
Iran: Oil Recovery Rates on Rise in Offshore Field
Iran has boosted oil recovery from an offshore field which it shares with the United Arab Emirates in the Persian Gulf, an energy official has said.
Saudi Chemicals Joint Venture in 20-Year Contract with Saudi Electricity
Saudi Arabia's Sadara Basic Services said on Tuesday that its parent firm signed a SR14.13 billion ($3.77 billion) deal with Saudi Electricity Company to supply electric power to its chemicals complex in Jubail Industrial City.
Final Iran Nuclear Deal Still Pending
French Foreign Minister Laurent Fabius says three sticking points in the ongoing negotiations between Iran and the P5+1 group of countries are blocking a final nuclear deal.
UAE Balancing Crude Exports with Refinery Expansion
United Arab Emirates (UAE) crude oil exports are expected to fall in the fourth quarter of 2015 as the Gulf OPEC member upgrades its Ruwais refinery and processes more oil to feed rising domestic demand
Russian Gas to Europe Via Ukraine Increases Amid Rumors of Cut-Off
Russian gas transit through Ukraine to the EU has soared by almost 20%, compared to the same time last year. That's according to new data published by Ukraine's state-owned UkrTransGaz.
North Sea Western Isles Development Running Two Years Late
Dana Petroleum has confirmed that its flagship £1bn Western Isles oil field development in the North Sea will come on stream two years later than planned.
Uruguay Settles Oil Debt with Venezuela at a Discount
South American OPEC nation Venezuela will allow Uruguay to pay off a $400 million energy debt at a 35 percent discount, Uruguay said on Monday.
Japan Protests Against China’s Plan to Develop Gas Field in East China Sea
Chief Cabinet Secretary Yoshihide Suga said Monday that Japan has been protesting China’s construction of new gas field development facilities in the East China Sea since June 2013.
