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Wednesday, April 24, 2019 6:52 GMT
Oman’s Overseas Group’s sister company, Overseas Oil & Gas LLC (OOG) has signed an agreement for developing a 300,000 barrels per day oil refinery in Indonesia in association with Indonesia’s state-owned oil company Pertamina. The refinery project will be set up in Bontang in Indonesia’s East...More
Bahrain’s state-owned Tatweer Petroleum said it would sign agreements within a few weeks with Italian oil major ENI and...More
Kuwait National Petroleum Company (KNPC) will carry out three projects with a combined value of KWD 370 million (US$1.2...More
Brooge Petroleum & Gas Investment Co, a UAE-based crude oil and products storage company, is looking at expanding its...More
Qatar Petroleum said on Monday it had invited bids for ship construction capacity required for its LNG carrier fleet...More
Algerian authorities have arrested five billionaires as part of an anti-corruption investigation, State TV reported. Issad Rebrab, the founder and chairman of Cevital, Algeria's biggest privately... More
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A collection of three leading exhibitions related to the construction, interiors and property sectors was opened this morning in Bahrain by HRH Prince Khalifa bin Salman Al Khalifa, the Prime... More
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Under the sanctions imposed by the U.S. and Great Britain, no Iranian oil tankers are allowed to transit the Suez Canal if they are destined for a Syrian port, a Syrian military source told Al-Masdar... More
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Head of Iran Plant Protection Organization Mohammad Reza Dargahi said on Wednesday that the Food and Agriculture Organization of the United Nations (FAO) is investigating the recent outbreak of... More
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Iran’s Minister of Health Saeed Namaki says the country has serious plans to make joint investments in Iraq’s pharmaceutical sector. He made the remarks on the sidelines of a meeting with his Iraqi... More
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The decision by Washington to not extend waivers on Iranian crude oil imports will be a key topic of discussion when OPEC members meet in Jeddah in May, and any decision on output will be made only... More
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US President Donald Trump's apparent signal of support for the Libyan National Army over the UN-backed Government of National Accord was motivated by the president's concerns over the impact another... More
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Oman crude price on Monday jumped by 3.4% to nearly six month high after the Trump administration said it will not renew Iran oil waivers once they expire in May. According to a Dubai Mercantile... More
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Qatar Petroleum said on Monday it had invited bids for ship construction capacity required for its LNG carrier fleet for its North Field Expansion (NFE) Project. The tender covers shipping... More
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Saudi Arabia said on Monday it would coordinate with other oil producers to ensure an adequate crude supply and a balanced market after the United States said it would end waivers granted to buyers... More
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Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, has launched the world’s first virtual Ministry of Possibilities to incubate and develop radical... More
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US President Donald Trump has vetoed a bill passed by Congress to end support for the Saudi-led war in Yemen. Mr Trump described the resolution as an "unnecessary" and "dangerous" attempt to weaken... More
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