ADNOC to Increase CO2 Capture for Enhanced Oil Recovery
The Abu Dhabi National Oil Company (ADNOC) plans to increase the capture, storage and utilization of carbon dioxide (CO2) to boost oil recovery.
News / International
Iran Forced to Halt Gas Exports to Iraq Following Pipeline Damage
Iran has stopped gas exports to Iraq while it repairs pipeline damage caused by a recent earthquake.
Kuwait’s US Petrochemical Plant to Open End of 2019
A US petrochemical complex owned by Kuwait’s Petrochemical Industries Company (PIC) is expected to start operations by the end of 2019.
Aramco Plans to Attract $150B Investments for Natural Gas Exports
Saudi Aramco targets boosting its gas production through attracting investments worth $150 billion over the next 10 years.
Algeria Signs $6B Phosphate Deal with China
Algeria signed a deal worth $6 billion with China to establish a phosphate plant on November 26.
Saudi Arabia to Increase Mining Revenue to $64B by 2030: Energy Minister
Saudi Arabia plans to increase its annual mining revenue to $64 billion by 2030, up from current revenues of $17 billion.
ADNOC Awards Wintershall 10% Stake in the Ghasha Gas Concession
The Abu Dhabi National Oil Company (ADNOC) has awarded Wintershall a 10% stake in the offshore ultra-sour gas Ghasha concession.
Saudi Arabia, Bahrain Open New Pipeline
Saudi Crown Mohammed bin Salman and Bahraini King Hamad bin Isa Al Khalifa opened a new oil pipeline connecting the two countries on November 26.
Oman Oil Subsidiary to Invest in Duqm Refinery Project
Global petrochemicals company Oxea is set to invest in a planned petrochemicals complex in the Duqm special economic zone (SEZ).
KNPC to Increase Refining Capacity to 2M b/d by 2035
Kuwait National Petroleum Company (KNPC) plans to spend around $25 billion to increase the refining capacity to 2 million barrels per day (b/d) by 2035.
