News / International

Iran Diverting Billions to Oil and Gas Development

Iran will withdraw up to $4.8 billion from its sovereign wealth fund to spend on developing its oil and gas fields next fiscal year under a proposal approved by parliament.

US President Vetoes Keystone XL Pipeline Bill

Defying the Republican-run Congress, President Barack Obama rejected a bill Tuesday to approve construction of the Keystone XL oil pipeline, wielding his veto power for only the third time in his presidency.

Iran to Take Advantage of China Propylene Know-How

Iran has negotiated with China to purchase the technical know-how for the production of propylene from that country, a senior energy expert informed on Tuesday.

Abu Dhabi Global Automation Conference Slotted for May

The ISA (International Society Of Automation) and DMS Global have joined hands to host the ISA Automation Conference and Exhibition Europe, Middle East and Africa (EMEA) from May 26 to 27 in Abu Dhabi, UAE.

AnTech Opens New Middle East Facility in Saudi

AnTech, a directional coiled tubing drilling (DCTD) provider, has launched its Saudi Arabian presence with the opening of a new office in Al Khobar.

Chevron Abandons Romanian Shale Gas Exploration

U.S. oil company Chevron says it has pulled out of shale gas drilling in Romania, weeks after ending business in Poland.

“No drama” for Keystone XL Pipeline Veto

The White House said Monday that President Obama doesn't plan on drumming up "a lot of drama or fanfare" when he vetoes legislation that would approve the Keystone XL pipeline.

Iran Gas Denies Iranian Report of Underpriced UAE Gas Deal

National Iranian Gas Company (NIGC) has denied reports on negotiations with the United Arab Emirates’ Crescent Petroleum to revive a troubled gas export deal.

ProSep Osorb Media Technology for Qatar and Oman

Houston-headquartered ProSep, the oil, gas and water treatment specialist, has launched an Industry Technology Facilitator (ITF) joint industry project (JIP) with Qatar Petroleum (QP) and Petroleum Development Oman (PDO).

Turkish Firms to be Excluded from Half of Libya

Libya's internationally recognised government has said it will end all contracts with companies from Turkey, a country it has accused of supporting a rival administration.

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