India Set to Import Record LNG Volumes
India is set to import record volumes of liquefied natural gas (LNG) this month, data shows, taking advantage of the super-chilled fuel's price hitting all-time lows due to the…
BP Sells Egypt Assets to Dragon Oil
BP said on Monday it has agreed to sell its interests in Gulf of Suez oil concessions in Egypt to Dubai-based Dragon Oil, as part of the supermajor’s plan to divest more than $10…
Bangladesh to Hold Talks with ENOC for LPG Terminal
Bangladesh will hold talks with Dubai-based Emirates National Oil Company (ENOC) to set up an liquefied petroleum gas (LPG) terminal in the country, a Dhaka-based official said…
Iran Floats Surplus Oil as Demand Falls Ahead of US Sanctions
Two tankers carrying Iranian condensate, a type of ultra-light oil, have been floating off the United Arab Emirates for about a month as demand for the oil fell ahead of U.S. sanctions.The tankers…
Topaz Financial Results Ending June 2017
Topaz Energy and Marine has announced its results for the six months ended June 30, 2017. Overall core fleet utilization at 62%, while we continue to demonstrate resilience in Azerbaijan with utilization at 95%.
Dubai's ENOC Seeking $1.5 bln Long-Term Loan
Dubai's Emirates National Oil Company (ENOC) is seeking to arrange a $1.5 billion long-term loan for general business purposes, the company confirmed to Reuters on Monday. The statement…