News / International
US Shale Oil Producers Struggle with Financing
Lenders are preparing to cut the credit lines to a group of junk-rated U.S. shale oil companies by as much as 30 percent in the coming days, dealing another blow as they struggle with a slump in crude prices, according to people familiar with the matter.
Post-Scandal Petrobras to Receive Chinese Help
Petroleo Brasileiro SA, the world’s most indebted oil producer, is bolstering ties to China as a corruption scandal has shut the company out of international bond markets.
Athens Hopeful for Russian Support Over Gas Prices
Cash-strapped Greece has asked for a cut in the price it pays for natural gas imports from Russia and is hopeful that Moscow will lift an embargo imposed on Greek food exports, the country's energy minister said on Tuesday.
US State of Maine Looks to Export LNG to Europe
An energy company is looking to export natural gas to Europe from Downeast Maine, changing the scope of a project that has been in the works for over a decade.
Exploration and Productions Drops to Record Low in Nigeria
Nigeria’s oil and gas sector faces low exploration and drilling activities, with only two companies currently engaged in activities, revealed the Nigerian National Petroleum Corporation (NNPC).
Oil, Gas Issues Resolved for Pending Iran Nuclear Deal
A senior member of Iran’s nuclear negotiating team says Tehran and the P5+1 group of countries have reached an agreement on the removal of anti-Tehran sanctions, but minor issues still remain.
IAEA Praises UAE Nuclear Emergency Response Plan
IAEA experts complete 11-day review of plans at Barakah nuclear power plant
Abu Dhabi Students Bring Japanese Solar Car to Life
Yas Mall is set to showcase a solar car, conceived in Japan, but built by students in Abu Dhabi, which debuted at a race earlier this yea
