News / International
Liberia President Vows Reform of State Oil Company
Liberian President Ellen Johnson Sirleaf has promised a management shake-up at the national oil company, which is on the verge of bankruptcy after failed attempts to lease four offshore oil blocks last year, Front Page Africa reported.
Baker Hughes Claims Decline in US Weekly Oil Rig Count
Energy firms pulled three rigs from U.S. oil fields this week, the smallest drop in five weeks, data showed on Friday, a sign the collapse in drilling is coming to an end as crude prices recovered after falling 60 percent from last June to March.
Nigerian President Dissolves Board of NNPC
Nigeria's new President Muhammadu Buhari dissolved the board of the state-owned oil company on Friday as a first step in cleaning up the sector in Africa's biggest crude producer.
Oil Prices Prompt Topaz to Extend Ambitions to South America
Topaz Energy and Marine is eyeing expansion into South America in the next two years as the Dubai-based oil services firm looks beyond the current difficulties in the sector caused by the lower oil price,
Iran Taps into Giant Oilfields Shared with Iraq
Iran has accelerated drilling of its largest oilfield which it shares with Iraq in order to catch up with its western neighbor in production
Sharjah-Based Unique to Take Offshore Services to the World
Unique Group, a leading integrated subsea and offshore solution provider based in Sharjah (UAE), aims to double its size and global infrastructure by 2019 through capital investment, acquisitions and expansion into key markets.
Saudi Refineries to Become Cleaner With Time
Saudi Aramco has revived plans to add a clean fuels unit in its biggest oil refinery in Ras Tanura and more environmentally-friendly units to its Rabigh refinery, industry sources said.
Iran LNG Draws Gazprom’s Attention Ahead of Post-Sanction Era
Russia’s Gazprom has announced its interest in Iran’s liquefied national gas (LNG) projects after an official said Tehran planned to revive them which are suspended under sanctions.
