News / International
US Senate Votes for Oil Train Safety and Energy Independence
The state Senate passed a measure Monday night to improve the safety of oil transportation, one of two competing bills that deal with the increasing shipments of crude oil through the state.
ADX Acquires Kerkouane Exploration Licence Extension in Tunisia
ADX Energy has announced that the Tunisian Authorities (Comité Consultatif des Hydrocarbures) have granted ADX an additional six month extension of the exploration period for the Kerkouane permit, offshore Tunisia, to the 7 August 2016.
South Africa’s Sasol Implements Saving Scheme due to Volatile Oil Market
Major oil companies are scrambling to cut costs as global oil prices plummet. Sasol, South Africa’s petrochemicals giant, is the latest to roll out its aggressive savings plan, involving potentially thousands of job cuts.
Anti-ISIS Airstrike Leaves Syrian Oil Workers Dead
At least 14 people have been killed in US-led coalition air strikes on an oil refinery in northern Syria run by Islamic State (IS), activists say.
South Pars Helps Boost Iran Gas Production by 20%
Iran says its natural gas production has increased by nearly 20% in the current calendar year (starting March 20, 2014) compared to the same period last year.
Aramco: $1 Trillion Worth of Global Oil Projects Could be Cancelled
The steep fall in energy prices will hit investment in oil and gas projects worldwide and the industry may cancel about $1 trillion of planned projects globally in the next couple of years
BP, Chevron, Total, Shell Up for Planned Kuwait Tender
Kuwait Oil Company (KOC) plans to tender this year for oilfield enhanced technical service agreements
GPCA Survey: R&D Shift in Gulf Petrochem Strategy
Nearly 80% of the GCC (Gulf Cooperation Council) region’s major petrochemical and chemical producers have made innovation strategy a key business priority
