Middle East


Trump 'eyes new Iran sanctions'

US President-elect Donald Trump's transition team is reportedly examining proposals for new non-nuclear sanctions on Iran, as the Middle East state on Friday threatened retaliation over the extension of sanctions legislation by the Senate.

CPTDC in rig sale talks

Oil and gas equipment provider China Petroleum Technology & Development Corporation (CPTDC) is in advanced talks with an offshore operator in the Middle East about the potential sale of some of the four jack-up rigs it has on order at Chinese yards, writes Xu Yihe.