News / International
Iran’s Second Major Offshore Purchase Amid Growing Foreign Investor Attention
Iran has bought an acid treatment vessel used to improve oil and gas productivity, for which the country relied on major energy companies.
Local Borrowing to Fund Saudi Deficit Prompted by Oil Prices, Experts Say
Saudi Arabia is likely to bridge its widening fiscal gap by resorting to domestic borrowing in the near future, according to economists and the International Monetary Fund (IMF).
Nigeria Crude Differential Hits 10-year Low
Official prices for Nigerian crude have hit their lowest in at least a decade as a nagging oversupply of physical oil takes its toll.
Nigeria’s Buhari Advised to End Fuel Subsidy
Nigeria's new president, Muhammadu Buhari, has been advised by his transition committee to end a fuel subsidy program and privatize Nigeria's four refineries, senior sources in his party told Reuters on Sunday.
Bapco Passes Environmental Management Test
Bahrain Petroleum (Bapco) has announced the successful completion of the first ISO 14001 surveillance audit for its Environmental Management System (EMS)
Iran Energy Expo set for Turkmenistan, August 19-21
Turkmenistan’s capital city of Ashgabat is to host the second edition of Iran's specialized exhibition of energy and technical and engineering services, known as “Iran Project.”
Iran Electricity Targets of Turkey, Afghanistan, Pakistan, Iraq, UAE
A senior official at the National Iranian Gas Export Company (NIGEC) says Iranian companies are planning to export gas-generated electricity to five neighboring countries.
Saudi Refineries Eat Away at Crude Export Figures
Saudi Arabia’s April crude exports fell by 161,000 b/d as domestic refiners processed more crude, official data showed.
