News / International

Kuwait Adamant on Expanding Production Despite Oil Prices

Kuwait plans to boost its oil and gas drilling rigs by 50% by early 2016 as it seeks to boost crude and gas production despite low oil prices, the head of state-run Kuwait Oil Co (KOC) said.

Drilling Gets Underway in Gemini Prospect Offshore Norway

The semisubmersible Island Innovator has spudded a well on the Gemini prospect in the central Norwegian North Sea for operator Lundin Norway.

Bahrain Homeowners Seeks Damages After Pipeline Blaze

Villa owners at a luxury housing development in Bahrain are demanding compensation after their properties and cars were coated with dark stains following a gas pipeline blaze last week.

Train Derailment in West Virginia Sends Oil Tanker into River

A train carrying crude oil derailed in southern West Virginia on Monday, sending at least one tanker into the Kanawha River and sparking a house fire, officials said.

Dubai Tank Storage Industry Kick Started by World Expo

The Expo will be significantly bigger again with around 100 exhibitors from across the industry, this is compared to 50 in 2014 and 30 in our launch year, 2013.

Iran Majlis Tries to Cut Oil Ministry Budget to $3 billion

The Iranian oil ministry won’t be able to pay staff or invest in boosting production if parliament proceeds with a plan to slash funding, according to Oil Minister Bijan Namdar Zanganeh.

Abu Dhabi: Carbon Capture Project Operational by 2016

Abu Dhabi’s ambitious carbon capture, usage and storage (CCUS) project to sequestrate 800,000 tonnes of carbon dioxide emissions annually is on track, senior executives of Abu Dhabi National Oil Company (Adnoc) said

Total To Maintain Major Oil Investments in Nigeria

French oil major, Total, has assured that its major oil and gas projects in Nigeria as well as in other African countries will continue operations even with the sliding crude oil prices.

National Petroleum Services of Dubai Secures $200 Million for Refinancing

Dubai-based oilfield services firm National Petroleum Services (NPS) has secured a $200 million refinancing deal from a group of banks and financial institutions,

South Africa’s Eskom Continues Second Day of Rolling Blackouts

South African power utility Eskom implemented a second day of “Stage 2” pervasive blackouts to ease the burden on the national grid, build up diesel supplies and gather water reserves in hydropower dams, reported Reuters.

Page 943 of 1124

Login

Welcome! Login in to your account

Remember me Lost your password?

Lost Password