News / International

Enel Considers Selling of Assets in Europe and Africa

Italy's biggest utility Enel SpA is looking to sell its assets in Europe and Africa to raise as much as 1 billion euros ($1.07 billion) as its growth slows amid weak demand in Italy and Spain, Bloomberg reported, citing people familiar with the matter.

Global Petroleum Brain Drain Reaches GCC States

Bahrain and other Gulf countries are facing a brain drain in the energy industry, with fewer young people seeking jobs in the field.

Abu Dhabi Renewable Targets Not Deterred by Oil Prices

Al Mazroui: ‘Renewable energy is already very competitive’

Saudi Arabia Spearheads OPEC Oil Boom as U.S. Shale Slows Down

Saudi Arabia pumped close to a record amount of crude oil last month, leading the biggest surge in OPEC output in almost four years just as the U.S. shale boom shows signs of slowing, the International Energy Agency said.

Russia in Flurry of Talks with Saudi, OPEC, Latin American Producers

Russia has been holding active, "unprecedented" consultations with the Organization of Petroleum Exporting Countries, a senior official said on Wednesday, a clear signal of Moscow's strive for higher oil prices.

Omani Aluminium Optimization a Boon to Downstream Projects

Oman's Sohar Aluminium (SA) plans to expand smelter capacity to one million tonnes by 2020 from the current 375,000 tonnes, it was revealed at the Aluminium Middle East 2015 exhibition, now under way in Dubai, UAE.

Turkey Not Eager for More or Cheaper Iranian Gas

Turkey has turned down a proposal from Iran for doubling its gas imports from the Islamic Republic in exchange for a gas price cut, Iran’s minister of petroleum says.

Oil Prices May Prompt More UAE Concession Deals

The government is yet to take a decision two months after awarding 10% stake to Total

Russia’s Lukoil Makes Preemptive Iran Comeback

Russia's Lukoil reopens offices in Iran, awaits sanctions removal.

Spain’s Criteria Reportedly Considering 4% Sale of Gas Natural

Spain's Criteria, the parent company of lender Caixabank, is considering the sale of 4 percent of energy firm Gas Natural, a source with direct knowledge of the matter told Reuters on Tuesday.

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