Iran Threatens Total’s Investments
Iran warned Total that it would forfeit its investments in Iran if it exits a development contract for the South Pars natural gas field.
News / International
Eni, BP Express Interest in Majnoon
Eni and BP have expressed interest in taking over operations from Royal Dutch Shell at Iraq’s Majnoon oilfield.
CME to Sell WTI-Dubai Futures
CME Group plans to begin selling WTI-Dubai future contracts as early as next month.
Waha Oil Company Producing 260K b/d
Waha Oil Company, a subsidiary of the National Oil Corporation (NOC), has increased production by over 100,000 barrels per day (b/d) since this summer.
ADNOC Looks to New Business Model, Oil Trading
The Abu Dhabi National Oil Company (ADNOC) plans to enter the oil trading business.
Saudi Aramco Closes Jeddah Refinery
Saudi Aramco has closed its refinery in Jeddah
Iranian Minister: OPEC Leaning toward Extension
Most OPEC members favor an extension of the production-cut agreement.
SOMO Awards Diesel-Import Contracts
The Iraqi oil-marketing firm, SOMO, awarded contracts for diesel importation to ZhenHua Oil, BB Energy, Litasco, and Lima.
ADNOC Announces Partial IPO of Retail Division
Abu Dhabi National Oil Company (ADNOC) officially announced the partial initial public offering (IPO) of its retail division.
Eni Wins EPSA for Omani Block 52
Oman awarded an exploration and production (E&P) contract to Eni.
