Minister Announces Algeria's Cement Export Ambitions
07/11/2019 05:19 GMT

Algeria has ambitions to export nearly 6 million tons of cement by 2020, said in Algiers Minister of Industry and Mines, Djamila Tamazirt. The minister told a study day on "the construction of... More

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Zain Picks Ericsson for 5G in Bahrain
12/11/2019 08:44 GMT

Zain, a leading telecom service provider in Bahrain, has selected Ericsson to build its 5G network in the kingdom, with the first commercial 5G services expected to go live before the end of 2019.... More

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Refinery in Egypt to Achieve Full Production Soon: Qatar Petroleum
11/11/2019 07:34 GMT

Qatar Petroleum (QP) said on Sunday that all units of the Egyptian Refining Company (ERC) Refinery project was now successfully operating, and would reach full production by the end of the first... More

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Central Bank of Iran Governor Announces Details on Forex Allocation for Imports
12/11/2019 11:30 GMT

Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati said that since the beginning of 1398 (March 2019-2020), more than US$24 billion has been allocated to imports. Regarding the news on... More

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IBBC Delegation Meets Iraqi President
10/11/2019 10:59 GMT

Iraq Britain Business Council (IBBC) fields significant Baghdad meetings with Dr Barham Salih, President of Iraq, and Ambassadors, to strengthen private sector business in Iraq. IBBC President... More

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Kuwaiti Firm Preps Contract List to Bid for Al-Zour Project
11/11/2019 06:30 GMT

The Kuwait Integrated Petroleum Industries Company (KIPIC) has completed internal approvals to qualify the international consortiums to bid for contracts in Al-Zour petrochemical complex, pointing... More

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Increase in Libyan NOC's October Revenues
12/11/2019 05:31 GMT

Libya's state-run National Oil Corporation (NOC) said on Sunday its October revenues rose 21% to US$2.2 billion from US$1.8 billion in September. Its revenues came from sales of crude oil,... More

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Oman-Listed NGC, Petredec Break Ground on India LPG Terminal
12/11/2019 10:32 GMT

Omani listed firm National Gas Company Oman SAOG (NGC), in partnership with Singapore-headquartered Petredec, a Singapore-based international fuels supplier, has broken ground on an LPG import and... More

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Energy Firm Equinor Looks to Establish Presence in Qatar
12/11/2019 10:35 GMT

Norwegian multinational energy company Equinor, which is developing oil, gas, wind and solar energy in more than 30 countries worldwide, wants to establish local presence in Qatar, said Norway’s... More

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Saudi Arabia

Saudi Aramco Highlights 4IR Technologies at Abu Dhabi Expo
12/11/2019 09:26 GMT

Saudi Aramco is participating in the ongoing Abu Dhabi International Petroleum Exhibition & Conference (Adipec) and encouraging industry representatives to press ahead with implementing Fourth... More

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ICE, UAE's Adnoc to Launch Crude Oil Futures Exchange
12/11/2019 11:03 GMT

Intercontinental Exchange (ICE), a leading operator of exchanges, and Abu Dhabi National Oil Company (Adnoc) have partnered with nine global energy traders are on the launch of ICE Futures Abu Dhabi,... More

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Yemeni Firm Resumes Pumping to Oil Arabian Sea Terminal
16/10/2019 09:27 GMT

Yemen’s Safer oil company resumed pumping oil from its fields in Shabwa in southern Yemen to a terminal on the Arabian sea for export abroad, a company official told Reuters on Wednesday. Safer,... More

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General News

Oman Says OPEC, Allies Likely to Extend Oil Supply Curbs
12/11/2019 07:42 GMT

OPEC and allied oil producers will probably extend a deal to limit crude supply but are unlikely to deepen their cuts, Oman’s energy minister said on Monday, as the United Arab Emirates said it was... More

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