Es Sider Pipeline Could Be Repaired in Week
It will take a week to repair the Es Sider pipeline.
News / International
Iranian Exports to Asian Customers Fall in November
Iranian exports to its major Asian customers were down 29% year-on-year in November.
Saudi Fiscal Plan Projects Higher Oil Revenues
In a six-year plan to balance the government’s budget, Saudi Arabia predicts that oil prices will rise to $75 per barrel by 2023.
Russia, Saudi Arabia, Iraq Top Crude Suppliers to China in November
Russia, Saudi Arabia, and Iraq were the top crude suppliers for China’s domestic market in November.
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.
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).
