Iraq Seeking Companies to build Kirkuk-Ceyhan Pipeline
The Iraqi Oil Ministry set January 24th as the deadline for companies to submit letters of interest for a project to replace the old Kirkuk-Ceyhan pipeline.
News / International
Crude Rises to Levels Unseen Since 2015
Following a pipeline explosion in Libya, oil prices rose to highs not seen since mid-2015.
Libyan Pipeline Blown Up
A key Libyan pipeline to the port at Es Sider was blown up on Tuesday.
Turnover Operations at Majnoon Begin
Royal Dutch Shell has begun transferring operations at the Majnoon oilfield to the Iraqi Oil Ministry.
KOTC to Expand Fleet
Kuwait Oil Tanker Company (KOTC) plans to expand its fleet by eight tankers.
KPC, Shell Sign LNG Contract
Kuwait Petroleum Corporation (KPC) signed a 15-year contract with Royal Dutch Shell for the import of liquefied natural gas (LNG).
Accident Kills Three in Libyan Gas Plant
Three workers died in a maintenance accident at a gas plant at the Zelten oil and gas field.
Qatargas, OMV Sign LNG Agreement
Qatargas signed a contract to deliver 1.1 million tons of liquefied natural gas (LNG) to OMV annually for five year.
Construction at Duqm Refinery to Begin in 2018
Construction at the Duqm Refinery in Oman will begin next year.
Kuwait’s Oil Minister: Demand to Rise by 1.5M b/d
Global oil demand will increase 1.5 million barrels per day (b/d) next year, Kuwait’s Oil Minister, Bakheet El Rashidi, predicted.
