News / International

East Libyan Oil Port Hariga Closed Due to Weather

Libya has closed the eastern oil port of Hariga due to bad weather, an oil official said on Sunday.

Yemen LNG Terminal Deserted by Soldiers, Controlled by Tribesmen

Yemen LNG stops operations at the Gulf of Aden terminal

Azerbaijan Reports Oil Production Increase for Q1 of 2015

Crude oil and condensate production in Azerbaijan rose to 10.6 million tonnes in the first quarter of 2015 from 10.4 million tonnes in the same period last year, a source at the State Statistics Committee said on Monday.

More Disagreements Over Planned Oman-Iran Gas Pipeline

Discussions are still going on to finalize the route for the proposed 230-km gas pipeline project with Iran, said Dr Mohammed bin Hamad al Rumhy, Minister of Oil and Gas, at a special briefing for the media yesterday.

Saudi Adamant on Electricity, Water Subsidy Reforms

Saudi Arabia should eventually consider raising its domestic water and power prices to limit rapid growth of consumption in the world's largest oil exporter, a deputy electricity minister said on Tuesday.

Technip Awarded North Sea Brownfield Contract with Dana Petroleum

Technip, a world leader in engineering for the energy industry, has been awarded a brownfield subsea contract for the Triton floating production storage and offloading (FPSO) vessel, operated by Dana Petroleum, located in the central North Sea.

ISIS High on Upcoming Oil & Gas Security Summit Agenda

Senior security officers from the oil and gas sector will gather in order to address various security issues faced by the industry at a summit next month in Dubai, UAE.

Syria Turmoil, Oil Debts Prompt Gulfsands to Rethink Leadership

Gulfsands Petroleum Plc said it removed Mahdi Sajjad as chief executive and appointed Alastair Beardsall, a nominee of its top shareholder, as executive chairman with immediate effect.

Oil Price Slump Catches Up with Wells Fargo Bank

Net income was off 5% at $3.7b

Russia to Swap Food-for-Oil, Export Missiles to Iran

Russia paved the way on Monday for missile system deliveries to Iran and started an oil-for-goods swap, signaling that Moscow may have a head-start in the race to benefit from an eventual lifting of sanctions on Tehran.

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