News / International
US Businessmen, Politicians Up in Arms Over First Ever Fracking Rules
U.S. drillers already reeling from a six-month drop in oil prices denounced new U.S. fracking regulations as costly and unnecessary, and quickly met them with a lawsuit.
Firmer Oil May Help Gulf Stabilise; Tunisia Risks More Falls
Oil's overnight rebound and a dovish statement from the U.S. Federal Reserve may help Gulf stock markets stabilise on Thursday after falling sharply earlier this week, although crude prices remain volatile and unpredictable.
Mubadala Petroleum Backs Oil and Gas Exploration in Morocco
Mubadala Petroleum is helping Morocco to evaluate its oil and gas sector as the North African country works towards making its first commercial hydrocarbon find.
Qatar’s Tasweeq Planned Naphtha Tender Cancelled
Qatar's Tasweeq has cancelled a sale tender for 75,000 tonnes of naphtha for April lifting from Ras Laffan, due possibly to an outage at a condensate splitter which has been scheduled to shut next month, traders said.
Gulf of Thailand Site of Gibraltar Rig Exploration Well
KrisEnergy has commenced drilling of the Rossukon-2 exploration well using the Key Gibraltar jack-up rig in G6/48 in the Gulf of Thailand, where the Rossukon oil accumulation was discovered in 2009.
China to Influence Oil Prices through Crude Futures Exchange
China plans to allow foreign investors to trade its proposed crude futures contract as the world’s second-largest oil consumer seeks to bolster its influence in determining benchmark prices.
Abu Dhabi’s Mubadala Petroleum Heading to Moroccan Coastline
Mubadala Petroleum has signed an agreement with Morocco’s Office National des Hydrocarbures et des Mines (ONHYM) to carry out an evaluation of the hydrocarbon potential of a large area offshore Morocco’s Mediterranean coast.
Energy Projects Focus of Upcoming Jordan Summit in May
Top delegates will provide insight into the strategic development combined with commercial energy projects at a summit in Amman, Jordan in May.
