20/09/2017 04:23 GMT
Algeria’s central bank allowed the value of the country’s currency to drop to a historic low against the euro, driving concerns about inflation and social instability. Lower oil prices and shrinking...
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20/09/2017 04:38 GMT
Aluminum Bahrain, a leading aluminum smelter, has announced that its Line 6 Expansion Project’s pot shell fabrication is full swing at a Bahrain contractor.
Alba’s Chief Executive Officer Tim Murray...
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20/09/2017 06:57 GMT
Egypt is rising to become the next solar hotspot. Part of the government’s ambitious sustainable energy strategy is the landmark solar Feed-In Tariff (FiT) program, which sees the utility-scale solar...
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20/09/2017 09:17 GMT
Iran exported a total of 206 million barrels of gas condensate through the export terminal of Assaluyeh, south of the country, last year. The Managing Director of the Iranian Oil Terminals Company...
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20/09/2017 06:46 GMT
Oil prices rose on Wednesday after Iraq's oil minister said OPEC and other crude producers were considering extending or even deepening a supply cut to curb a global glut, while a report showed a...
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19/09/2017 05:40 GMT
Major oil exporter Kuwait is dealing with another crude oil spill off its southern coast, state news agency KUNA said on Monday, the latest in a series of unexplained leaks in the Arab state in...
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05/09/2017 06:03 GMT
Foreign workers at Libya's Sharara oil field, which is currently shut, have been temporarily evacuated because of unspecified information about activity nearby, an engineer at the field said on...
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20/09/2017 06:03 GMT
Oman Oil Exploration and Production, the exploration arm of state-owned Oman Oil, has raised a US$1 billion pre-export financing loan, a company source told Reuters on Tuesday.
The loan, a five-year...
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20/09/2017 09:27 GMT
State-run Qatargas, the world's largest producer of liquefied natural gas (LNG), said on Wednesday it had signed a medium-term sales and purchase agreement with Turkey's Botas to deliver 1.5 million...
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20/09/2017 07:48 GMT
Saudi Arabia and the UK have signed a new agreement to promote cooperation between the two countries across several sectors including defense and security, counter-terrorism, intelligence, training...
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20/09/2017 07:21 GMT
Dubai Multi Commodity Center (DMCC) has signed a partnership agreement with the Xi'an International Trade and Logistic Park at the Xian Dubai Free Trade Zone Economic Cooperation Conference 2017 in...
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14/09/2017 07:46 GMT
Adnoc Distribution, the Abu Dhabi-based operator of fuel service stations, announced it has signed two agreements to sell its Voyager branded engine oil and lubricant in Ethiopia and Yemen.
The new...
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20/09/2017 06:46 GMT
Oil prices rose on Wednesday after Iraq's oil minister said OPEC and other crude producers were considering extending or even deepening a supply cut to curb a global glut, while a report showed a...
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