News / International
Iran: Must Shelter Industry from Post-Sanction Oil Surge
Minister of Economic Affairs and Finance Ali Tayyeb-Nia has emphasized that serious plans have been devised to cushion the economy against what is internationally known as “the Dutch Disease”.
Blackstone CEO: Oil Price Slump Creates Opportunities Elsewhere
Blackstone Group LP’s Chairman Stephen Schwarzman is seeing “remarkable” opportunities in debt and equity that are emerging out of the slump in crude oil.
Oil Service Company Schlumberger Fined More Than $200 Million By US
The U.S. Justice Department said on Wednesday that a subsidiary of Schlumberger Oilfield Holdings had pleaded guilty to violating U.S. sanctions related to Iran and Sudan and would pay a $237.2 million fine.
Ukraine Update – Oil Tycoon Kolomoisky Fire From Political Post
Ukraine's president fired powerful tycoon Ihor Kolomoisky as a regional governor on Wednesday in a risky move that could affect the internal balance of power and Kiev's fight against Moscow-backed separatists.
Arab OGS to Network for Innovative Energy Technology Solutions
The 19th Arab Oil and Gas Show (OGS) will focus on promoting innovative solutions and technologies at this year’s event, according to Saeed Mohammed Al Tayer, managing director and CEO of Dewa, president and founder of Wetex.
Bombing Yemen Could Threaten Red Sea Oil Transit Choke Point, Experts Say
While Yemen contributes less than 0.2% of global oil output, its location puts it near the center of world energy trade.
BP 2-Months Away from Finalizing TANAP Deal
British oil major BP expects to sign a deal with the Trans-Anatolian Natural Gas Pipeline (TANAP) project within two months to become a stakeholder in the multi-billion dollar project that aims to reduce Europe's reliance on Russian gas.
KrisEnergy De-Risking Vietnam Hydrocarbon Prospects
KrisEnergy has announced that the CGG Amadeus vessel has commenced a 570 square kilometre 3D seismic acquisition programme in the Block 120 exploration acreage offshore central Vietnam.
