Saudi Aramco to Supply China’s Huajin with 12 M Oil Barrels
Saudi Aramco has approved providing 12 million barrels of crude oil to China’s Huajin Chemical Industries Group Corporation based on an annual deal.
News / International
Meethaq to Fund Oil Projects
Meethaq Islamic Banking and Hydrocarbon Finder E&P (HCF) have signed an Islamic financing facility for the development of HCF-operated oil and gas fields in Block 7.
Saudi Arabia, Russia Increase Energy Cooperation
Saudi Arabia and Russia are continuing to strengthen their relations in the energy sector.
Qatar to Increase Annual LNG Production by 29.87%
Qatar Petroleum aims to increase its liquified natural gas (LNG) output by almost a third.
ADNOC Grants Part of Offshore Concessions to CEPSA
Abu Dhabi National Oil Company (ADNOC) has granted part of its offshore concessions to Cia Espanola de Petroleos SA (CEPSA) for $1.5 billion.
Libya’s NOC Evacuates El Feel Field
Libya's National Oil Corporation (NOC) has evacuated El Feel oil field after the field's guards staged a strike over pay.
Iran LPG Exports Drop in February
Iran’s liquified petroleum gas (LPG) exports decreased to between 358,500 tons and 402,500 tons in February 2018, Iran Daily reported.
Libyan Oil Output Drops due to Unrest at El Feel Field
Libya's crude oil output decreased by 70,000 barrels per day due to halting production at the El Feel oil field on February 24th.
KOC to Seal Offshore Contracts in March
Kuwait Oil Company plans to sign contracts in March 2018 for the next round of offshore drilling, the Kuwait Petroleum Corporation has announced.
Iraq Mulls Exporting Oil via Turkey
Iraq’s government declared desire to hold talks with Turkey over the possibility of transporting oil once more from federal territory to reach a port located on the Mediterranean Sea.
