18/10/2017 09:59 GMT
Algeria's Sonatrach is looking to create joint ventures with trading companies for the marketing of its gas as the state-owned firm moves toward a new gas sales strategy, CEO Abdelmoumen Ould Kaddour...
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18/10/2017 10:54 GMT
The Bahrain House of Representatives yesterday passed a bill that instructs to allocate 15% of the space of industrial areas to build accommodations for laborers. The bill, which was intensively...
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17/10/2017 07:43 GMT
The Arab-Brazilian Chamber of Commerce (ABCC) has announced that the Free Trade Agreement (FTA) signed between Mercosur bloc and Egypt has come into effect. Mercosur is an economic and political bloc...
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18/10/2017 09:53 GMT
The gas pressure boosting installations of Farashband 10 in Gas Transfer Operations Region 5 have been commissioned on 17 October 2017. Accordingly, the volume of gas transfer will increase by 75% in...
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18/10/2017 10:07 GMT
Iraqi Oil Minister Jabar Al-Luaibi has asked BP “to quickly make plans to develop the Kirkuk oifields,” an oil ministry statement said on Wednesday. Iraqi government forces on Monday took control of...
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17/10/2017 06:35 GMT
The CEO of the Kuwait National Petroleum Company, KNPC, Mohammad Al-Mutair, has said that the total volume of expenditure on the environmental fuel project amounted to KWD3.1 billion (~US$10.25...
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10/10/2017 05:18 GMT
A fuel tanker docked at Benghazi port in eastern Libya on Monday for the first time since being closed in 2014 due to fighting between rival factions. A tanker arrived from the capital Tripoli...
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18/10/2017 06:06 GMT
Tendeka, a global leader in advanced completions and production optimization, has been awarded two new contracts in the Middle East. The multi-million-pound agreements with the Abu Dhabi Onshore...
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18/10/2017 05:37 GMT
Qatar Investment Fund is to broaden its investment strategy from focusing largely on Qatar to targeting other rich oil exporting countries in the region, its board said on Monday, adding that it...
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18/10/2017 10:21 GMT
The Saudi General Authority for Small and Medium Enterprises has signed a deal with King Abdullah Economic City (KAEC), the largest privately-funded new city in the world, to set up a SR75 million...
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18/10/2017 09:34 GMT
Abu Dhabi National Oil Co (ADNOC) is expected to issue as early as this week a project bond in the region of US$3 billion, in what would be the United Arab Emirates oil major's first public debt...
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24/09/2017 09:26 GMT
The GCC member states have provided assistance to Yemen worth more than US$15 billion over the last ten years, a senior GCC official revealed.
''Since 2015 until August 2017, the amount of...
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18/10/2017 10:05 GMT
Asia is set to ramp up crude oil imports from the US in late 2017 and early next year, with buyers searching out cheap supplies after hurricanes hit US demand for the commodity at a time of rising...
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