News / International
Iran Confident it can Win International Gas Arbitration Case from Turkey
Iran will win again an arbitration case brought by Turkey for reduced gas prices after Ankara’s first attempt was quashed by the International Chamber of Commerce in Switzerland in 2014
ENOC Still Trying to Buy Out Dragon Oil Minority Shares
Asset management company Baillie Gifford, oil producer Dragon Oil's largest independent investor, said an increased takeover offer from majority owner Emirates National Oil Co (ENOC) "materially undervalued" the company.
Saudi Downstream Team Hosted at Achema Forum
Leading industry experts discussed the potential of Saudi Arabia's petrochemical sector at Achema, a leading global exhibition on chemical engineering, environmental protection and biotechnology, being held at Frankfurt.
Libya May Double Oil Output Due to Lasting Low Oil Prices
Libya may double crude output to 800,000 barrels a day by next month after talks to reopen oil and gas pipelines feeding export terminals, amid the most enduring global glut in almost two decades
Tanzania Seeks 85% Profit Share From Oil and Gas Output
Tanzania will seek as much as an 85 percent share of profit from oil and gas produced in the East African nation, according to a draft law being debated in parliament.
Democratic Republic of Congo’s National Assembly Approves Oil Code
The Democratic Republic of Congo’s National Assembly voted for a new oil code amid a flurry of legislation passed on the last day of its spring session on Monday, said Aubin Minaku, the assembly president.
Caspian Oil Swaps Resume, but Iran Silent on Identifying Partners
Iran has marked resumption of Caspian oil swaps by taking delivery of the first gasoline cargo since 2010 when such deals were halted, local media said on Wednesday.
Dubai Equity Firm to Go Geothermal in Germany with $168.8 million
Greenstone Equity Partners, a leading independent fund placement firm in the Middle East, has collaborated with Deutsche ErdWärme, a Karlsruhe, Germany-based geothermal development company, to raise up to €150 million ($168.8 million) for the development of a portfolio of geothermal licenses in Germany.
