News / International

Smuggled Libya Gas Sparks Conflict

Smugglers selling Libya’s heavily subsidized gasoline and diesel abroad at jacked-up prices are likely using at least some of the profit to finance fighting between the country’s rival governments, according to a U.N. report.

Israel Tries to Preempt Iran Nuclear Deal in France, After US

A delegation of Israeli officials, including Israeli Intelligence Minister Yuval Steinitz, has traveled to France in a bid to hamper a deal on Iran’s nuclear program as marathon talks on the issue are entering a critical juncture.

Saudi Minister: Non-OPEC Producers Still Not Cooperating Over Oil Prices

OPEC will not take sole responsibility for propping up the oil price, Saudi Arabia's oil minister said on Sunday

UAE Workshop on ICT Solutions for the Energy Sector

Leading telecommunications operator in the UAE Etisalat hosted a one-of-its-kind industry event which shed light on information and communication technology (ICT) solutions for the country’s modernised energy sector.

Saudi OPEC Governor Precludes Return to High Price Era

Saudi Arabia's OPEC governor Mohammed al-Madi said on Sunday that he believed it would be difficult for oil to reach a price range of $100-120 per barrel again.

Oil Prices Driving US Shale Bankruptcies and Junk Bond Growth

The rise in junk bonds and bankruptcies are the latest sign of stress in the petroleum sector

Brent Price Falls on Expectations of Higher Supplies from OPEC, US

Brent crude oil fell below $54 a barrel on Friday and was on track for its third straight weekly loss, hurt by worries of rising supplies from Opec and the United States.

Bahrain’s GPIC Keeps Profits Up, Carbon Emissions Down

Bahrain-based Gulf Petrochemical Industries Company (GPIC) yesterday (March 21) reported a net profit of $190.2 million for last year.

Iran: Nano-Tech Applications Advance Iranian Oil and Gas Safety

Iranian researchers from Semiconductor Devices Group of Shiraz University designed a sensor to detect hydrogen sulfide in oil drilling, oil refineries, coal mines and wells containing organic materials.

Petroleum Media Specialists at Upcoming GCC Forum

Bapco has announced it will take part in the second GCC Petroleum Media Forum in Riyadh next week.

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