News / International

Venezuela Demands Guyana Stop Oil Exploration in Disputed Territory

Venezuela's President Nicolas Maduro demanded on Tuesday that neighbouring Guyana stop oil exploration in a disputed offshore territory.

Bahrain’s Tatweer Launches New Gas Compressor Stations

Two of Tatweer Petroleum’s newest facilities located in the Bahrain Field were officially inaugurated by Energy Minister and company chairman Dr Abdulhussain Mirza.

Nigeria Power Plans Require Fixed Gas-Pipeline

For Nigeria’s state-owned energy company, supplying gas to power plants around the country depends on fixing pipelines quicker than they get ruptured.

Portable Petrol Stations to Open in Doha

Woqod (Qatar Fuel), a top distributor of petroleum products in the country, plans to set up 15 portable petrol stations in Doha in a move to streamline the distribution process, a report said.

Cebr Report Advises GCC Diversification and Carbon Efficiency

While Bahrain has taken promising measures to diversify its economy, the continued oil price slump means more work will need to be done in order for the Kingdom to achieve fiscal, environmental and resource sustainability, a report said.

RWE Shifting Gears to Renewables, with UAE Firm’s Help

United Arab Emirates green energy firm Masdar may invest in renewable energy projects jointly with RWE,

$3.5 Bn Joint Iran-China-Indonesia Crude Projects

Iran, China and Indonesia have reached a final agreement on building a refinery on the East Java island to process 150,000 barrels per day of heavy crude oil, an Iranian official said on Wednesday.

Angola’s dos Santos Seeks Opportunities in China

Angolan President Jose Eduardo dos Santos met Chinese counterpart Xi Jinping on Tuesday on a state visit to seek financing for projects, including a $4.5 billion hydropower scheme, intended to revive an economy hit by low crude prices.

Canada’s Crude Oil Output to Grow at Slower Pace Than Previously Forecasted

Canada’s crude oil output will continue to grow over the long term but at a slower pace than previously projected, reflecting many project postponements resulting from the slump in oil prices, the country’s main energy trade group says.

Oil Prices Rally on Chinese Stimulus Hopes

Oil prices rallied on Tuesday, aided by hopes of Chinese stimulus, helping to offset concerns about high supplies, traders said.

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