News / International
Oil Prices Force Qatar to Borrow for World Cup Plans
Qatari banks plan to borrow more than $6 billion to finance a construction boom ahead of the 2022 soccer World Cup amid slumping oil prices.
Saudi Company to Use American Shale Gas in UK PetroChem Plant
Saudi Basic Industries Corp 2010.SE has signed a deal to use shale gas from the United States at its Teesside petrochemical plant in Britain,
Zangeneh Openly Interested in Drawing Italy’s Eni Back to Iran
Italy’s oil giant Eni said on Sunday it is interested in returning to Iran if sanctions against the country are lifted.
Haifa Cancer Fears Prompt Shutdown of Israeli PetroChem Industries
The mayor of Israel’s third largest city, Haifa, has ordered the shutdown of five petrochemical plants after a warning by Israeli Health Ministry linking high cancer rates among residents to air pollution.
Nigerian Fuel Marketers Owed $315 Million in Fuel Subsidy
Nigeria's main fuel marketers said late Thursday the government has yet to fulfill its pledge to settle Naira 60 billion ($315 million) in unpaid subsidy for gasoline imported in previous quarters, warning that this could cut supply and trigger a fuel shortage.
Production Resumes at South Africa’s Largest Refinery
Production at the 172,000 barrels per day Sapref refinery, South Africa's largest and co-owned by BP and Shell, is normal following a pipeline fire that was extinguished on Saturday morning, a spokeswoman said.
Petrobras Makes Onshore Wild-Cat Discoveries in Brazil
Petrobras has announced two onshore discoveries, one in its Amazon Basin block and another in the onshore section of the Espirito Santos Basin
Dubai’s Kampac Oil to Invest Billions in Philippines Energy City
Kampac Oil, a Dubai-based oil and gas company, plans to double its investments in the Philippines to more than $10 billion, said a report.
