News / International
Buhari To Release Full Audit on Nigerian State Oil Company
Nigerian President-elect Muhammadu Buhari’s administration will publish the full audit of the state oil company and expects it will need to repay the government more than previously recommended, his party’s policy director said.
UAE Outlines 2021 Carbon Emissions-Climate Change Strategy
According to the UAE National strategy 2021, the Ministry of Energy should lead the efforts to reduce carbon dioxide (CO2) emission by 15% by 2021, Meshayel Lehsooni, head of climate change in the Ministry of Energy, said.
Fracking Update: Clean Geothermal Power from Water Waste
Oil fracking companies seeking to improve their image and pull in a little extra cash are turning their waste water into clean geothermal power.
Kuwait Problems Prompt Saudi Chevron Unit Shutdown in Neutral Zone
A Saudi Arabian unit of U.S. oil major Chevron has told its Kuwaiti partner it plans to shut down an oilfield jointly operated between the two Gulf OPEC countries next month over long-standing disputes, three industry sources familiar with the matter said.
Rival Government Continues to Receive Oil Revenue in Libya
Libya's official government has so far failed to sell oil on its own via an account and middlemen in Dubai, as customers continue to buy crude directly from a state oil firm under the control of a rival government, oil sources said.
Saudi Solar to Up National Power Contribution in 2032, Report
Increasing government focus on renewable energy programme coupled with rising power demand will drive Saudi Arabia's solar power market to experience robust growth rate through 2020, a report said.
IOCs Must Pay Iran Debts Once Sanctions are Removed, Official
International oil companies’ pending debts to Iran stand around $18 billion, with British, Korean, Indian and Greek processors owing much of the sum, an official says.
Sipchem Greenlights PBT Plant in Saudi Jubail Industrial City
Sipchem has announced the initial start-up of the polybutylene terephthalate plant (PBT) of Sipchem Chemical Company (affiliate of Sipchem) at its complex in Jubail Industrial City on April 20, 2015
