News / International
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.
Iran Plans Three New Pipelines to Increase Natural Gas Transfer Capacity
Iran plans to increase its natural gas transfer capacity by 300 mcm by constructing new gas pipelines.
