News / International
Sage Revamping Oil Companies in UAE with Enterprise Software
Sage Middle East, a leading provider of business management software, has won a fresh vote of confidence following the recent implementation of its enterprise resource planning (ERP) solution Sage 300 by Elaaf Dynamics, a UAE-based oilfield services company
Oil Prices Increase as Tropical Storm Approaches Texas
U.S. crude oil prices edged up on Tuesday, supported by warnings that a tropical storm threatened to hit the coast of the oil-producing state of Texas, but oversupply weighed on Brent.
Brazil Halts Production on Platform After Gas Leak
Brazil's state-run oil company Petroleo Brasileiro SA was forced to stop oil and natural gas output at its P-40 offshore platform after a gas leak, the country's petroleum regulator ANP said in a statement on Monday.
Traders Set to Send Record Amount of North Sea Oil to South Korea
Oil traders may send a record amount of crude from the North Sea to South Korea this month, amid signs that refining rates in the Asian country are surging.
Hope Ends for Future of Shale Gas in Poland
Hopes kindled just four years ago that Poland would become a gas exporter — a “second Norway,” in the words of then-foreign minster Radek Sikorski — have been doused by the decision of U.S. energy giant ConocoPhilips’ Polish subsidiary of to halt exploration.
New Oil Fields Discovered in Gulf of Mexico
Mexico's state-run oil and gas company Pemex has announced the discovery of new shallow water oil fields in four locations in the Gulf of Mexico.
Nigeria Reconsiders Stakes in Joint Ventures
The Nigerian government should start selling off its stakes in oil joint ventures with foreign partners to ease the funding issues and leakage of cash due to corruption and waste which have impeded the country's bid to increase production, oil industry auditors said Monday.
Qatar Shifting into Renewables to Balance Energy Consumption
Qatar has witnessed unprecedented and sustained growth over the past few years and is considered as the fastest growing power markets in the GCC with extensive utilisation of its natural resources
