Iraq Plans to Reduce Oil Prices for Jordan
Iraq plans to reduce the price of oil traded to Jordan, in return for getting preferential tariffs on goods that Iraq receives from Jordan through Aqaba port.
News / International
Iran to Increase Oil Income by $20 B
Iran plans to increase oil income by $20 billion, according to Iranian Oil Minister Bijan Zanganeh without specifying the targeted oilfields that will be used in the development.
ADNOC Distribution Inaugurates Solar-Powered Stations
The Abu Dhabi National Oil Company (ADNOC) for Distribution has inaugurated three solar-powered stations in Dubai.
Libya’s Sharara Oilfield to Reopen after Protesters Leave
Libya’s Sharara Oilfield will not be reopened again, after being closed for a month, until the groups occupying the field leave.
Saudi Aramco, TechnipFMC, Axens Sign JDCA
Saudi Aramco, through its subsidiary Saudi Aramco Technologies, signed a Joint Development and Collaboration Agreement (JDCA) with Axens and TechnipFMC to develop the company’s Catalytic Crude to Chemicals (CC2C™) technology.
SDX to Drill Morocco’s 12-Well
SDX Energy, the North African focused oil and gas company, plans to arrange a 12-well campaign in Morocco and start drilling within 2019.
Saudi Arabia to Spend $27 B on Industrial Development Plan
Saudi Arabia’s government plans to invest around $27 B on an industrial development program during 2019 and 2020 to offer more investment opportunities.
Qatar to Order 60 LNG Carriers from South Korea
Qatar plans to order 60 new liquefied natural gas (LNG) carriers from South Korea, Saad Al-Kaabi Qatari Oil Minister said during a bilateral summit for Doha.
Libyan Es Sider Port Reopens After Closure
Libyan Es Sider Port has reopened again after being closed because of the bad weather that hit the country.
Algeria to Issue Solar Energy Tenders
Algeria plans to issue solar energy tenders to be able to meet the rising demand for electricity and increase gas exports, an official said.
