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).
News / International
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.
Aramco Cuts Arab Light Septrmber Prices for Asian Markets
Saudi Aramco announced that the price of the Arab Light crude to Asian customers has been decreased by $0.75 per barrel for September delivery.
Saudi Oil Exports to China Hit Record Level
Saudi Arabia’s crude oil exports to China soared to 1.74 million barrels per day (b/d) in July, while shipments to the US tumbled to 161,000 b/d compared with 1.03 million b/d a year earlier.
Saudi Aramco Awards NESR $660 MM Contract
National Energy Services Reunited Corporation (NESR) announced that it has been awarded a number of contracts in Saudi Arabia worth a combined $660 million.
Tunisia Faces Challenging Energy Deficit
Local production covers only 48% of Tunisia's energy demand, which exacerbated the energy deficit over the last couple of years.
Libya’s NOC, Eni Complete Phase 2 in Bahr Essalam
Libya’s National Oil Corporation (NOC) and Eni announced that they had completed the second phase of the Bahr Essalam offshore gas field project.
Saudi Arabia Renews Commitment to Output Cuts
The Saudi Minister of Energy, Khalid Al-Falih has discussed with his Russian counterpart the recent developments in global oil markets.
Iraq’s Oil Exports Rise 1.3% in July
The Iraqi Ministry of Oil announced that oil exports rose from 3.52 million barrels per day (b/d) to 3.566 million b/d in July.
