News / International

Chevron’s Gas Reserves Slip After Chad Asset Sale

Chevron Corp, the second-largest U.S.-based oil producer, said on Friday its oil and natural gas reserves fell 1 percent last year largely due to the sale of its stake in a Chad oil field.

Jordan, Egypt to Potentially Receive Gas from Proposed Iraqi Pipeline

The Jordanian Minister of Energy and Mineral Resources, Mohamed Hamed, announced Jordan's intention to pursue a project to extend a gas pipeline from Iraq to Jordan. This would provide his country and potentially Egypt with a part of their requirement of natural gas.

Bahrain to Raise Gas Prices for Companies

Bahrain is set to increase the price of natural gas sold to companies by 25 cents per million British thermal units (mmBtu) starting from April 1, said a report.

Bahrain University Students to Boost Propane Production

Three students from the Bahrain University have developed a new technology that can boost the production of the kingdom's liquefied propane gas.

Yemen Oil Revenues in Sharp Decline

The Yemeni central bank says the nation’s oil revenues suffered a drop of about $1 billion or 37% in 2014 due to plunging crude prices and attacks on the impoverished country’s pipelines.

Iran and UAE Reviving Gas Export Deal

Iran said on Saturday that it is negotiating with UAE’s Crescent Petroleum to revive a major gas export deal that ran into troubled waters in 2005.

New Offshore Rig Training Facility to be Opened by BP and Maersk

BP and Maersk training announced they are working together to provide offshore rig crew training in Houston. BP awarded Maersk, which has doubled its training operations in the last three years, a five-year training contract earlier this year

BP Loses Appeal for Reduction in Oil Spill Fines

A federal judge has rejected an attempt by BP to lower the fines it faces from its catastrophic Gulf of Mexico oil spill in 2010.

IAEA Report Clears Iran, Officials Say

Iran and the P5+1 countries – Russia, China, France, Britain, the United States and Germany – are seeking to seal a high-profile political deal by the end of March and to confirm the full technical details of the accord by July 1.

Emirates Energy Award Postponed to 15 March

The Dubai Supreme Council of Energy has extended the deadline for receiving applications for the second Emirates Energy Award (EEA 2014-2015) until March 15.

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