News / International
US Shale Production Increases for February Even as Rig Count Falls
U.S. shale production continued to tick upwards in February despite months of price volatility and falling rig counts, a new report by Platts said.
Ukraine Only Dependent on 30% of Natural Gas from Russia, Finance Minister Says
Ukraine is currently buying only 30% of natural gas in Russia, Ukraine’s Finance Minister Natalia Yaresko said Friday.
East’s Bid to Control Libya Oil Wealth Is Not Looking Promising
Libya's official government, operating out of hotels in the east after being driven from the capital, is unlikely to succeed in plans announced last week to divert the country's oil export income away from Tripoli.
China to Bolster Iraq Relations, Help Rebuild Country
During Baghdad visit, Chinese Councilor says China willing to cooperate with Iraq in all areas.
Energy Conflict Brewing with Indonesia in South China Sea
Indonesian President Joko Widodo said one of China's main claims to the majority of the South China Sea had no legal basis in international law, but Jakarta wanted to remain an "honest broker" in one of Asia's most thorny territorial disputes.
Somali Pirates Attack Tanker, Defeated by Iran Warships
Iranian Navy warships rescued an oil tanker in the Gulf of Aden after a fierce battle with pirates.
Storage Industry Optimizing in Preparation for Oil Price Rebound
Oil traders are seeking out storage in order to sell at a profit in the future when the price rebounds, according to experts.
Bapco Cleared for Health and Safety by Auditors
Bahrain Petroleum Company (Bapco) has announced the completion of its fifth periodic occupational health and safety (OHSAS) 18001: 2007 external audit, which was done by Bureau Veritas auditors.
