OSLO, Oct 23 (Reuters) - Seismic surveyor group TGS reported stronger than expected third quarter results on Friday and rival PGS struck a new loan deal with its banks, giving a boost to their shares.
MOSCOW, Oct 23 (Reuters) - Russian Energy Minister Alexander Novak said on Friday Kremlin-controlled gas producer Gazprom has offered gas supplies to Iran under a swap arrangement, and similar oil deals were also under consideration.
SINGAPORE, Oct 23 (Reuters) - Zhang Nie, the Singapore oil trading head of Chinese state trader Unipec has resigned from the company after working there for 10 years, industry sources said on Friday.
COPENHAGEN, Oct 23 (Reuters) - A.P.
(Fri, 23 Oct 2015) The United Arab Emirates (UAE) was the world's sixth-largest oil producer in 2014, and the second-largest producer of petroleum and other liquids in the Organization of the Petroleum Exporting Countries (OPEC), behind only Saudi Arabia. Because the prospects for further oil discoveries in the UAE are low, the UAE is relying on the application of enhanced oil recovery (EOR) techniques in mature oil fields to increase production.
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