Sonatrach’s Refinery Begins Maintenance
The maintenance work will continue for 45 days.
The maintenance work will continue for 45 days.
Saudi Arabia’s oil exports increased during December 2018 by 12.7%, reaching around $18.66 billion.
Trade between the countries increased by 32% last year.
The oil products stock at Fujairah port increased by 2.4%, reaching 22.008 million barrels, according to data exclusively obtained by S&P Global Platts.
Iraq and Jordan have agreed on many mechanisms to strengthen the economic cooperation between the two countries, including the study of establishing an Iraqi oil pipeline to deliver oil to Jordan.
The award is for a state-of-the-art refinery with a production capacity of 600,000 barrels of crude oil per day.
After completing the plant by 2020, Halliburton will begin local manufacturing of specialty chemicals in Saudi Arabia to help customers achieve production and reliability goals in applications from reservoirs to refineries.
Resuming production from the Neutral Zone's oilfields will increase the production of Saudi Arabia and Kuwait to 500,000 b/d
Shell and Total inked an upstream agreement with Oman; under which the companies will invest in gas exploration and production in partnership with Petroleum Development Oman (PDO) and Oman Oil Company (OOC).
Algeria’s Sonatrach has started producing from Touat gas field with a production capacity of 12.8 million cubic meters per day.