Iraqi Oil Production Hits Highest Level since 2017
Iraq's crude oil production increased to 4.62 million per day (b/d) in July, recording its highest level since January 2017.
News / International
ADNOC Acquires 10% Stake In VTTI
ADNOC announced that it has acquired a 10% stake in VTTI, a global energy storage terminal owner and operator, as part of its transformation vision to become a more integrated global energy player.
Mazoon Petrogas to Produce Oil From Oman’s Wadi Aswad
Oman has signed an agreement with Mazoon Petrogas Corporation, a subsidiary of Petrogas E&P, to produce oil from concession area number 5.
Jordan, US Discuss Energy Cooperation
Jordan's Minister of Energy Hala Zawati and US Assistant Secretary of State for Energy Resources Francis Fannon discussed bilateral cooperation.
ENOC Launches NEXT Accelerator Program
ENOC announced the launch of its new accelerator program, NEXT, designed to unlock growth opportunities and tackle challenges in the energy sector.
ADNOC Distribution to Enter India’s Lubricants Market
ADNOC Distribution, the UAE’s largest fuel retailer, will move forward with its plans to enter the Indian lubricants market during Q3 2019 as it seeks higher sales volumes.
Genel to Lanuch Bina Bawi Gas Project in 2020
Genel Energy has expressed its confidence that construction of the Bina Bawi gas project in the Kurdistan Region of Iraq (KRI) will begin next year after discussing terms with the regional government.
Sipchem Completes Maintenance at AIC’s Acid Plant
Sahara International Petrochemical Company (Sipchem) completed the periodic maintenance activities for the Acetic Acid Plant of the International Acetate Company (IAC).
Libya’s NOC Completes Bouri Oilfield Maintenance
Libya’s National Oil Corporation (NOC) has completed repair and maintenance work on the Bouri offshore oilfield, which produces around 30,000 oil barrels per day
ADNOC Distribution Profits Rise 4.3% in H1 2019
ADNOC Distribution, a subsidiary of the Abu Dhabi National Oil Company (ADNOC), reported a 4.3% net profit increase during H1 2019 to around $319.4 million.
