News / International
Saudi Arabia Spearheads OPEC Oil Boom as U.S. Shale Slows Down
Saudi Arabia pumped close to a record amount of crude oil last month, leading the biggest surge in OPEC output in almost four years just as the U.S. shale boom shows signs of slowing, the International Energy Agency said.
Russia in Flurry of Talks with Saudi, OPEC, Latin American Producers
Russia has been holding active, "unprecedented" consultations with the Organization of Petroleum Exporting Countries, a senior official said on Wednesday, a clear signal of Moscow's strive for higher oil prices.
Omani Aluminium Optimization a Boon to Downstream Projects
Oman's Sohar Aluminium (SA) plans to expand smelter capacity to one million tonnes by 2020 from the current 375,000 tonnes, it was revealed at the Aluminium Middle East 2015 exhibition, now under way in Dubai, UAE.
Turkey Not Eager for More or Cheaper Iranian Gas
Turkey has turned down a proposal from Iran for doubling its gas imports from the Islamic Republic in exchange for a gas price cut, Iran’s minister of petroleum says.
Oil Prices May Prompt More UAE Concession Deals
The government is yet to take a decision two months after awarding 10% stake to Total
Russia’s Lukoil Makes Preemptive Iran Comeback
Russia's Lukoil reopens offices in Iran, awaits sanctions removal.
Spain’s Criteria Reportedly Considering 4% Sale of Gas Natural
Spain's Criteria, the parent company of lender Caixabank, is considering the sale of 4 percent of energy firm Gas Natural, a source with direct knowledge of the matter told Reuters on Tuesday.
Tunisia Signs a Guarantee Agreement with ITFC
A bill on a guarantee agreement signed between Tunisia and the International Islamic Trade Finance Corporation (ITFC) was passed, Tuesday, at a plenary session of the House of People's Representatives (HPR).
