News / International

Otto Energy and PNOC in Potential Philippines Farm-in Agreement

Otto Energy Ltd. says that PNOC Exploration Co. (PNOC-EC) has expressed an interest in farming into SC 55 for a 15% working interest.

China’s First Deepwater Gas Project Gets Underway

Husky's Liwan gas project is the first deepwater gas development offshore China.

Iran and China Sign Agreement for Refinery

Deputy Head of National Iranian Oil Refining and Distribution Company (NIORDC) Shahrokh Khosravani announced signing of an agreement between Iran and China in order to finance one of the largest refinery projects in Iran.

Iran and Venezuela Join Forces to Stabilize Falling Oil Prices

Iran and Venezuela vowed Saturday to work together to stabilize falling global oil prices as Iran’s supreme leader accused “enemies” of using crude prices as a political weapon.

Iraq Can Sue Kurdish Regional Government for Oil Repossession

The oil tanker SCF Byrranga, which was renamed the United Kalavryta (also known as United Kalavrvta) in March 2014 and is currently off the coast of Texas with a cargo of Kurdish crude oil. US District Judge Gray Miller in Houston has rejected the Kurds’ claims of sovereign immunity and said the regional government’s plans to sell its crude in the US gave him authority to hear the lawsuit.

Ghana’s Sole Refinery Resumes Operations

State-owned Tema Oil Refinery Co. Ltd. (TOR) has resumed crude oil processing at its 45,000-b/d refinery in Tema, Ghana, after a nearly 4-month operational shutdown, according to Ghana’s Ministry of Energy & Petroleum (MEP).

Georgia Welcomes Bids for Country’s First Refinery

The government of Georgia is seeking investors to develop on a build, operate, and transfer basis what would be the country’s first refinery.

Mexico Proposes Importing US Crude

Mexico's state oil company wants to import about 100,000 barrels of light U.S. crude a day to mix with this country's heavier oil as a way to improve refinery processes.

Second Deepwater Oil Discovery Confirmed Offshore Brazil

Petrobras has confirmed a second oil find in the Fanfan area in the deepwater Sergipe-Alagoas basin offshore Brazil.

McDermott Completes Offshore Indonesia Platform

McDermott International Inc. has completed the installation of a 3,086-ton central processing platform (CPP) topsides at the Kepodang gas field offshore Indonesia.

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