Oil, Gas Exports by Algeria to Increase in 2015
07/10/2015 08:28 GMT

The national hydrocarbon production will reach 195 million tons of oil equivalent (TOE) in 2015, which will help increase gas and oil exports by 4.1% during this year. "By the end of this year,... More

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Bahraini GFH Repays to Debt Syndicates
08/10/2015 06:26 GMT

GFH Financial Group (GFH), a Bahrain-based financial group, has repaid US$37.5 million to its debt syndicates. These repayments are in addition to US$33 million paid by GFH to its debt holders last... More

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Egypt's EGPC Issues Tender to Buy Gasoline
08/10/2015 10:07 GMT

Egypt's EGPC issued a tender to buy two gasoline cargoes, a document showed. The document indicated that one of the cargoes was wanted for October, and didn't specify a date, but said "as soon as... More

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Iran’s Offshore Oil & Gas Sector Attracting Experts’ Attention
08/10/2015 08:16 GMT

Industry experts at Seatrade conference have turned their attention to the mixed prospects of multi-billion dollar contracts Iran’s offshore oil and gas sector – once sanctions are lifted. The market... More

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Intertek Wins Contract for South Oil Company in Iraq
08/10/2015 10:05 GMT

UK-based Intertek, a leading quality solutions provider to industries worldwide, has won a multi-year third party inspection procurement contract for the South Oil Company in Iraq. It is the first... More

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Kuwaiti KNPC Reports Problem in Mina Ahmadi Refinery
08/10/2015 10:13 GMT

Kuwait National Petroleum Co (KNPC) said a problem at a unit of its Mina Ahmadi refinery led to emissions of sulphur oxide and gas flaring, before it was brought under control, Kuwait's state news... More

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Output in Libya Drops to Quarter of Amount in 2011
06/10/2015 07:30 GMT

Libya's oil production has dropped to 300,000 bpd, less than a quarter of what it produced before the 2011 fall of Muammar Gaddafi, mostly because of insecurity and closed pipelines, a top official... More

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Omani Oxea to Open Texas Propanol Unit
08/10/2015 10:28 GMT

In a move to better serve its customers in North and Latin America, global chemical firm Oxea, owned by Oman Oil Co, said it is continuing with the detailed engineering for a propanol unit at its... More

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Foreign Trade Surplus of Qatar Takes Dive
08/10/2015 06:26 GMT

Qatar's foreign trade surplus more than halved to US$11.86 billion in the second quarter (Q2) of 2015 but fast-growing Asia was, by far, the largest contributor with the region accounting for 98.4%... More

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Saudi Arabia

Veolia to Show New Products at Riyadh Expo
08/10/2015 10:44 GMT

Veolia Water Technologies Saudi Arabia will showcase its accomplishments and launch new products, especially the Aquavista 5C, at the District Cooling Arabia exhibition to be held in Riyadh, Saudi... More

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Dubai's Al Maktoum Intl. Airport to Begin Preparations
08/10/2015 07:28 GMT

Dubai's Al Maktoum International Airport will begin the preparations next year for Emirates airline to move operations there in about a decade, an airport official said. "By next year, we will do a... More

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Yemeni Refiner Restarts Imports of Oil Products
08/10/2015 05:38 GMT

Yemen's Aden Refinery Company (ARC) has resumed imports of oil products after a hiatus of nearly six months, industry sources said. The imports are expected to boost oil product margins in Asia at a... More

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General News

Oil Leaders to Meet in Paris
08/10/2015 07:41 GMT

The leaders of eight of the world's top oil companies will meet in Paris next week to explain how they will help combat climate change, as part of an offensive ahead of a UN summit later this year.... More

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