News / International

Debry of New York Gas Explosion Now Includes Two Dead

Two bodies were found on Sunday at the site of a gas explosion that destroyed three New York City apartment buildings last week, injuring 22 people, and officials were working to determine if they were those of two men unaccounted for, police said.

Iran Vociferously Denies it Intends to Store Its Uranium in Russia

A senior Iranian nuclear negotiator categorically rejected an AP report on the transfer of Iran's enriched uranium stockpile to Russia under an imminent deal between Tehran and the six world powers.

Foreign Oil Companies Weighing Up Post-Sanction Iran Prospects

Outside the boardroom of BP Plc’s headquarters on London’s swanky St. James’s Square, a display case houses the geological data from Masjid-i-Solaiman, Iran’s first oil well.

Saudi Kayan Ready to Start Hydrocarbon Production Again

Saudi Kayan Petrochemical Co has restarted production at its olefins plant following a near two-month shutdown for maintenance work, the company said on Sunday.

Hamriyah Free Zone Housing Petrochemicals, Expanding Plastics

Sharjah's Hamriyah Free Zone is seeking more investment in the plastics and packaging and food and sectors within the zone.

Libyan Eastern Port Begins to Load Oil for Export

A tanker bound for Italy was loading 600,000 barrels of oil at the Libyan port of Hariga on Sunday, an oil official said, the eighth loading at the eastern terminal this month as exports continue despite fights between armed factions.

Kuwait: Risk Management Key to Surviving Shale and Price Crunch

The drop in oil prices represents a crucial threat to the execution of many mega projects worldwide, Kuwait Petroleum Corporation CEO Nizar Al-Adsani said on Sunday.

Oman Goes from Surplus to Deficit Due to Expenditures & Oil Prices

Oman government posted a budget deficit of OMR360.8 million in 2014, against a surplus of OMR267.4 million in the previous year.

Nigerian Elections 2015: An Analysis of Oil, Militancy and Subsidies

On March 28, Africa’s biggest economy and also the continent’s largest oil producer, Nigeria, will go to the polls to elect its new president.

Hi-tech and Big Data Steps Into the U.S. Oil Industry

With the price of crude plumbing lows not seen since 2009, Royal Dutch Shell, Whiting Petroleum Corp and many others are turning to rocket fuel, Big Data, lasers, spectrometers and other new or revamped technologies to do more for less.

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